Earlier in the day, Atul Chaturvedi, Secretary, Department of Animal Husbandry & Dairying, called on the Vice President and briefed him about various measures being taken to help poultry and dairy sectors to tide over the problems in the wake of COVID-19 pandemic.
He informed the Vice President that the government was encouraging entrepreneurship in the poultry sector and providing support by way of incentives and policy intervention. He also said that the Department of Animal Husbandry would also consider recommending to the Ministry of Finance the need to restructure loans for the poultry industry.
He also apprised Naidu that the procurement by the milk cooperatives in the organized sector has been stepped up. The Government is providing an interest subvention of two per cent per annum to cooperatives on working capital loans. Also, an additional incentive of two per cent interest subvention is being given in case of timely repayment. On the suggestion of the Vice President, the Secretary assured to consider extending a similar facility to private dairies.
The Vice President was also informed of the plans of the department to develop cattle farms, sheep and goats rearing farms and regional fodder stations through a public-private partnership model by better utilizing the available infrastructure. He also apprised him of plans to improve cattle breeds through the latest in-vitro fertilization technology.
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