Poultry India suggests tailoring GST structure for farmers
Poultry India recommended that the goods and service tax (GST) structure be tailored to help Indian farmers receive benefits from India-produced poultry equipment, keeping in mind prime minister Narendra Modi’s Make In India mantra.
There should be a clear classification to end unnecessary disputes over customs duties. Taxes on eggs and chicken meat should be on par with other food consumables like grain and dal.
These were suggested at the tenth edition of Poultry India Expo which kicked off on November 22, 2016 at the Novotel Convention Centre and HITEX Exhibition Centre respectively. They will conclude on November 25.
A record 200 Indian and 50 international exhibitors from over 32 countries participated in the exhibition, which was organised by the Indian Poultry Equipment Manufacturers’ Association (IPEMA) and covered an area of over 15,900 sq m of exhibition space.
A day prior to the expo, Knowledge Day - the technical seminar that shed light on various factors that beset the Indian poultry industry - commenced. Over 800 delegates from India, South Asia and South East Asia attended the event.
Knowledge Day was dedicated to bringing about a change in the way farmers further the poultry sector. Some of the world’s finest minds spoke on the science of poultry and latest innovations in the fields of breeding, hygiene, nutrition, animal health, poultry equipment and branding.
Poultry India was not merely the organiser of the event, but has been making a significant change.
It was also attended by Telangana ministers Eatala Rajender (who is in charge of the finance and planning, small savings, state lotteries, consumer affairs, legal metrology and civil supplies ministries) and Talasani Srinivas Yadav (who is in charge of the animal husbandry, dairy development and fisheries ministries).
Harish Garware, president, IPEMA, and member, Executive Advisory Committee said, “The two path-breaking Poultry India events are celebrating a decade. Poultry India has now metamorphosed into being South Asia’s biggest exhibition that brings together some of the finest names in the global poultry industry.”
“India has emerged as one of the largest and most significant poultry players in the world. Our focus has always been on exploring ways to further this phenomenal growth,” he added.
“The Poultry India exhibition and Knowledge Day are to us key pegs in this endeavour. With the poultry sector in India now well on its way of growth trajectory, we now want a sustainable growth for all through accelerated integration with the world markets. These are our focus areas,” Garware said.
“We are certain our 10th anniversary event - and through it, the poultry sector - will receive positive attention in the form of a conducive regulatory environment in the country to attain these two focus areas,” he added.
At 65,000 million eggs and 3.8 million tonne of poultry meat per annum, India is the second largest egg and third largest broiler-chicken producer in the world, respectively. The market is estimated to be worth about Rs 90,000 crore.
Many industry watchers however believe India’s poultry players have the potential to give tough competition to major poultry-producing countries if the input costs were contained.
There is a huge scope to grow further from the present estimates of 11-14 per cent per annum. Rural demand is picking up. It can also support the overall demand in the coming years.
According to recent reports, the per capita consumption of chicken meat in India was estimated to be about 4kg and that of eggs was 57. This was way below the global per capita average of 11.2kg meat and 155 eggs.
Garware was one of the speakers at the press conference held to announce the launch of the event.
Others present at the briefing were G Ranjith Reddy, chairman, S R Hatcheries and president, Poultry Breeders’ Association of Telangana; D Ram Reddy, managing director, Sneha Farms; Anil Dhumal, chairman, Dhumal Industries, and P Chakradhar Rao, managing director, Chakra Group.
“We have taken up the cause to fight the problem of protein deficiency in the country,” Garware said.
“We launched the Protein Awareness Campaign in September 2015 and have received a tremendous response from the media, who appreciated our efforts towards this noble cause,” he added.
“The Telangana government has taken this issue to the Central government on behalf of the state’s poultry farmers. We are sure we will receive some good news on this front soon,” Ranjith Reddy said.
Ram Reddy said, “I am extremely happy that Poultry India Expo has reached great heights from humble beginnings a decade ago. I am also happy that Hyderabad continues to be a venue of choice for this global event and I thank the Telangana government for providing us good support.”
Source :- http://www.fnbnews.com
There should be a clear classification to end unnecessary disputes over customs duties. Taxes on eggs and chicken meat should be on par with other food consumables like grain and dal.
These were suggested at the tenth edition of Poultry India Expo which kicked off on November 22, 2016 at the Novotel Convention Centre and HITEX Exhibition Centre respectively. They will conclude on November 25.
A record 200 Indian and 50 international exhibitors from over 32 countries participated in the exhibition, which was organised by the Indian Poultry Equipment Manufacturers’ Association (IPEMA) and covered an area of over 15,900 sq m of exhibition space.
A day prior to the expo, Knowledge Day - the technical seminar that shed light on various factors that beset the Indian poultry industry - commenced. Over 800 delegates from India, South Asia and South East Asia attended the event.
Knowledge Day was dedicated to bringing about a change in the way farmers further the poultry sector. Some of the world’s finest minds spoke on the science of poultry and latest innovations in the fields of breeding, hygiene, nutrition, animal health, poultry equipment and branding.
Poultry India was not merely the organiser of the event, but has been making a significant change.
It was also attended by Telangana ministers Eatala Rajender (who is in charge of the finance and planning, small savings, state lotteries, consumer affairs, legal metrology and civil supplies ministries) and Talasani Srinivas Yadav (who is in charge of the animal husbandry, dairy development and fisheries ministries).
Harish Garware, president, IPEMA, and member, Executive Advisory Committee said, “The two path-breaking Poultry India events are celebrating a decade. Poultry India has now metamorphosed into being South Asia’s biggest exhibition that brings together some of the finest names in the global poultry industry.”
“India has emerged as one of the largest and most significant poultry players in the world. Our focus has always been on exploring ways to further this phenomenal growth,” he added.
“The Poultry India exhibition and Knowledge Day are to us key pegs in this endeavour. With the poultry sector in India now well on its way of growth trajectory, we now want a sustainable growth for all through accelerated integration with the world markets. These are our focus areas,” Garware said.
“We are certain our 10th anniversary event - and through it, the poultry sector - will receive positive attention in the form of a conducive regulatory environment in the country to attain these two focus areas,” he added.
At 65,000 million eggs and 3.8 million tonne of poultry meat per annum, India is the second largest egg and third largest broiler-chicken producer in the world, respectively. The market is estimated to be worth about Rs 90,000 crore.
Many industry watchers however believe India’s poultry players have the potential to give tough competition to major poultry-producing countries if the input costs were contained.
There is a huge scope to grow further from the present estimates of 11-14 per cent per annum. Rural demand is picking up. It can also support the overall demand in the coming years.
According to recent reports, the per capita consumption of chicken meat in India was estimated to be about 4kg and that of eggs was 57. This was way below the global per capita average of 11.2kg meat and 155 eggs.
Garware was one of the speakers at the press conference held to announce the launch of the event.
Others present at the briefing were G Ranjith Reddy, chairman, S R Hatcheries and president, Poultry Breeders’ Association of Telangana; D Ram Reddy, managing director, Sneha Farms; Anil Dhumal, chairman, Dhumal Industries, and P Chakradhar Rao, managing director, Chakra Group.
“We have taken up the cause to fight the problem of protein deficiency in the country,” Garware said.
“We launched the Protein Awareness Campaign in September 2015 and have received a tremendous response from the media, who appreciated our efforts towards this noble cause,” he added.
“The Telangana government has taken this issue to the Central government on behalf of the state’s poultry farmers. We are sure we will receive some good news on this front soon,” Ranjith Reddy said.
Ram Reddy said, “I am extremely happy that Poultry India Expo has reached great heights from humble beginnings a decade ago. I am also happy that Hyderabad continues to be a venue of choice for this global event and I thank the Telangana government for providing us good support.”
Source :- http://www.fnbnews.com
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