A Study on Financial Problems Faced by Poultry Farmers with Reference to Western Tamil Nadu

Abstract

The Indian poultry industry is one of the fastest growing segments of the agricultural sector and is also providing employment opportunities to lakhs of people. Driving this expansion are a combination of factors like growth in per capita income, a growing urban population, and falling real poultry prices. Poultry exports are mostly to Maldives and Oman. Indian poultry meat products have good markets in Japan, Malaysia, Indonesia, and Singapore.  In India poultry industry is suffering from poor infrastructure for export which is hindering the export of poultry products, competition from international players in opening up duty-free imports, lifting of trade barriers, lack of FDI in India in this sector, availability of very few state of the art processing plants and post harvest technologies, increasing propaganda and demonstrations by organizations for promoting vegetarianism and animal rights, occurrence of Salmonella and cholesterol in poultry meat. Many countries are dumping their poultry products i.e. exporting eggs at prices lower than production cost. Indian poultry industries are mainly suffering from financial problems and this article is focused on how to handle the financial problems.