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Poultry sector to seek reduction in import duty on maize & soyabean.


Date: 14-12-2023
Subject: Poultry sector to seek reduction in import duty on maize & soyabean
PUNE: Food shortages created due to the erratic monsoon are not limited to humans. The poultry industry is going to request the central government to reduce import duty on maize and soyabean to tackle a scarcity of feed for their flocks.

Broken rice and maize are the main components of poultry feed. The industry fears that the prices of maize and broken rice would spike in the coming months as the diversion of these two raw materials for ethanol is expected to increase after the ban on use of sugarcane juice for ethanol.


Source Name : Economic Times 

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