Thursday, November 14th, 2024

Hatchery industry warns of crisis


14 December 2019  

Time taken to read : 2 Minute


  • A
  • A
  • A

CHITWAN: Investors on hatchery industry have expressed serious concern 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.

The central committee meeting of 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 parents of special species of over 50 weeks and urge the government and financial institutions.

Central Chairperson of the Association, Tikaram Pokhrel, said the hatchery industrialist incurred a 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 a crisis, said Association Secretary Rajendra Lamichhane.

Chitwan has half the hatchery industry of the country.

Publish Date : 14 December 2019 17:22 PM

Today’s news in a nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

Education Minister asks agencies to improve results of grade 11 and 12

BHAKTAPUR: Minister for Education, Science and Technology Bidhya Bhattarai has

CAN to provide Rs 250,000 to each female cricket player

KATHMANDU: The Cricket Association of Nepal (CAN) has announced to

President Paduel leaves Baku for home

BAKU: President Ramchandra Paudel, who arrived here on Monday, November

President Paudel and his Azerbaijani counterpart hold bilateral meeting

BAKU: President Ramchandra Paudel has urged all the developed countries