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Agri-Biz & Commodities - Budget
Efforts to lower maize cost


Mr B. Soundarajan

Coimbatore, Feb. 28

The proposal to provide capital grant/concessional finance for integrated development scheme for doubling the certified seeds in oilseeds, pulses and maize is seen with promise by the poultry sector.

Mr B. Soundarajan, managing director of Suguna Poultry Farm Ltd, said the concessional funding for doubling the certified seed for maize, pulses and oilseeds would be timely as the usage of more certified seeds would go to bringing down the cost of input for the maize farmers. The rapid increase in the availability of quality/certified seed will also enable meeting the maize demand in India, which has to scale up the maize production from the present 12.4 million tonnes to 22 million tonnes by 2010. Mr Soundarajan, however, was disappointed that the demand from the poultry industry seeking a poultry upgradation fund scheme on the lines of the one available for the textile industry was not acceded in the Budget.

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