Saturday 1 February 2020

Reaction to Budget 2020- Mr Amit Saraogi, MD, Anmol Feeds Pvt Ltd.


Kolkata, 1st February 2020, We welcome the measures taken in the Union Budget 2020-2021 pertaining to the agriculture and fisheries sector. I have always maintained that fish is the highest and easiest profit-making commodity and it is a sector that can provide employment to numerous youths. The government has also realized the potential of the sector and proposed schemes that will not only benefit the sector but the overall economy of the country.  Adequate focus has been given to the marine fishery resources as well.
The 3477 SagarMitras’ and 500 fish farmer organisations as well as fish processing and marketing will boost employment opportunities in the sector. The aim to increase fish production to 200 lakh tonnes by 2023 will ensure northward growth. Enhancing fishery exports will also add to the growth.
The expansion of agricultural credit to Rs 15 lakh crore will only mean more financial aid for farmers and improve the sector.
However, the livestock feed industry was expecting an address on the raw material deficit as well as pricing issue that has been plaguing the industry for quite long now and offer some relief. Emphasis should have also been given to farmer’s price realisation issue in the poultry sector.
The introduction of Kisan Rail by Indian Railways for quick and easy transport of perishables across the country and Krishi Udaan by the Ministry of Civil Aviation on international and national routes will immensely help improve value realisation, especially, in the North East states and tribal districts. This will uplift the sector further.
About Anmol Feeds Pvt Ltd:
Since their foray into the livestock feed industry nearly two decades back, Anmol Feeds Pvt. Ltd. has been focused on high quality livestock feed since the start of their journey, steadily expanding its production capabilities and helping farmers yield high returns. At present, Anmol Feeds has eight successfully running state-of-the-art superior manufacturing plants across six states- Uttar Pradesh, Bihar, West Bengal, Jammu & Kashmir, Jharkhand and Haryana. With a cumulative production capacity of 1300 MT per day, the pioneers of pellet feed for Indian farmers, Anmol Feeds, has been catering to the livestock feed requirements of 20 states across India working with more than 50,000 farmer families and 1,000 employees. The company has become one of the leading names in poultry feed and has fast become an emerging name in cattle and aqua feed. As a brand, Anmol Feeds has undertaken measurable efforts to nourish India’s livestock, poultry and fisheries and enable farmers to lead a life of prosperity. The company has also expanded beyond the Indian shores, to Bangladesh, Nepal and Bhutan. Timely and faultless product delivery, providing technical services, after sales support and responsiveness to consumer feedback is a priority for them. The Rs 600 crore company recently launched its products under the umbrella brand Nouriture to meet the growing challenge of quality feeds in the market and introduced their floating fish and shrimp feed into the market.

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