‘Declare Livestock Sector As A Farm Activity’
INDIA - The need to declare the livestock sector as an agricultural activity was emphasised at a two-day symposium on ‘Livestock Industry - A Key Driver of Agriculture’ organised by the Compound Livestock Feed Manufacturers Association (CLFMA) which concluded here on Tuesday. Association Chairman C. Vasanth Kumar told press persons that it was now neither being treated as an industry nor an agricultural activity.Tax
The ceiling on capital subsidy should be raised. It should also ensure that all perishables were brought out of the tax net. Though the government was expecting a double digit growth in the GDP, the growth in the agriculture sector was not going beyond four per cent. While the constraints were land and water, animal husbandry viz. dairy and poultry had no such limitations. Organised poultry meat sector was growing at the rate of 10 to 12 per cent whereas the egg sector was growing at four to five per cent. Milk production was expected to be around 100 million tonnes this year. Stating that the growth pattern reflected the potential of the sector, he said the government should facilitate improvement of animal genetic resources.Source: The Hindu