Finance for poultry

For the self sufficient poultry industry with complete sophistication in the fields of production, breeding stocks, high quality feeds, pharmaceuticals, medicines, poultry vaccines and equipment, the National Agricultural Bank and Rural Development (NABARD) along with commercial and cooperative banks are financing a large number of poultry schemes all over the country for increasing production of eggs and broiler meat. The NABARD refinance for poultry was about Rs.8.08 crores in 1983-84. This increased to Rs. 26 crores in 1985-86. This increased to Rs. 26 crores in 1985-86. This indicates the role that is being plated by banking institutions in poultry development. The NABARD provides refinance assistance for poultry development for the following purposes.

  • Schemes for poultry breeding including financing of pure line poultry projects to produce grand parent stocks.
  • Financial assistance to hatcheries to produce commercial one day old broiler or layer chicks from poultry breeding stocks.
  • Financing for the setting up of commercial egg production farms of different sizes by small, medium and large farmers.
  • Financing for the setting up of commercial egg production farms of different sizes by small, medium and large commercial broiler farmers.
  • Financial assistance for the manufacture of poultry medicine and vaccines.
  • Financial assistance for egg marketing, broiler processing, preservation and marketing of poultry meat.

The production of eggs has now reached an average of 280 eggs. The broiler growth now reached the stage of 1.75 kg.per bird within 6 to 7 weeks. The growth of this industry during Seventh five-year Plan has been envisaged at a very high rate. It is expected that the average growth in layers may be around 7 to 8%, while in the case of broilers, it may be between 20-25% annum in the next decade.

In conclusion the transformation of poultry farming in India from an age-old backyard venture into an organised industrial proposition is the impact of up-to-date technology and sound policies adopted by Governmental and semi-governmental (including private) organisations of the country.


Ag.
Technologies
(Poultry
Mgmt.)