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Pakistan's Poultry Sector Seeks Interest Free Loans

by 5m Editor
5 June 2007, at 4:26am

PAKISTAN - The poultry sector has asked the government to grant interest free loan for the small farmers, as they cover around 75 percent of the sector in the country.

In order to increase poultry production, the governments should provide soft loans up to Rs 1 million each on basis of easy installments. Central convener Pakistan Poultry Association (PPA) Abdul Maroof Siddiqui expressed these views while talking to Daily Times on Monday.

He said the demand for the loan facility is in line with the poultry development policy of the Prime Minister Shaukat Aziz, which he announced pm last Friday.

He said this facility would enable the small farmers to import duty free implements and equipments for modernisation of dairy farming in the major farming areas of the country. In this way the country will overcome the shortage of meat, as this sector’s contribution in meat production is 20 percent.

He said this step would also help provide job opportunities to the breeders besides controlling increase in prices of meat.

Source: Daily Times

5m Editor