Monday 25 January 2021

Pre budget expectations – Mr. Amit Saraogi, Managing Director, Anmol Feeds Pvt Ltd


“Farmers are the backbone of our country and providing them with a sense of security should be our responsibility. Animal husbandry farmers, especially poultry and aqua farmers, do not enjoy the same benefits as crop farmers. The livestock sector currently contributes 25.6% to the Agricultural GDP and 4.11% to the National GDP. It is essential to provide credit and insurance to the animal husbandry farmers as well so that the sector can reach its full potential. NBFCs and other financial entities should start providing credit loans to animal husbandry farmers as well. This will also encourage the farmers to invest more which will only contribute positively towards the growth of the country.

A minimum contract growing charge should also be fixed for the poultry sector so that farmers are not affected by the fluctuating market. This will also help in achieving our Hon’ble Prime Minister’s vision of doubling the income of farmers by 2022.

The industry also seeks that the Government allows negligible import duty on capital goods and plant equipment required to manufacture floating fish feed and shrimp feed as most of these equipments are not available in India.” - Mr. Amit Saraogi, Managing Director, Anmol Feeds Pvt Ltd

About Anmol Feeds:

Since their foray into the livestock feed industry nearly two decades ago, 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 Rs 530 crore company launched its products under the umbrella brand Nouriture last year 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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