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Home Prime News

Hatchery industry warns of crisis

CEO TAB by CEO TAB
December 15, 2019
in Prime News
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Hatchery industry warns of crisis
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Chitwan, December 15: Investors of the hatchery industry have expressed serious concerns over the imminent crisis of hatchery, reasoning growing loss. At a press meet, they shared that the businessperson in hatchery failed to recover the investment cost.

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The central committee meeting of the Nepal Hatchery Industry Association announced that it would stop sales of chicks, destroy eggs in the hatchery machines for 10 days from Sunday. They will also sell parent of special species of over 50 weeks and urge government and financial institutions.

The Association will form a province committee to monitor the implementation of the decision across the country except Karnali State. Currently, there are 2.1 million parents in hatchery. Central Chairperson of the Association, Tikaram Pokhrel, said the hatchery industrialist incurred huge loss as they were bound to sell each chick at the loss of Rs 25 last March.

Once 6 million chicks produced in 10 days are destroyed, the investment cost of Rs 330 million will be lost. Although 3 million broiler chicks are demanded for a week in the country, the industry is producing 4.5 million chicks. There are 280 hatcheries producing broilers, layers, Kuroiler and color broiler. Both the consumers and industry were facing crisis, said Association Secretary Rajendra Lamichhane. Chitwan has half the hatchery industry of the country. RSS

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