LAHORE – The speakers at a seminar Thursday urged the private sector to shift its focus towards the livestock sector which has the immense potential to work as driving force for the national economy.
They said that livestock accounts for around 11.4% for the GDP and its value is higher than all the agricultural products including major, minor and fruits & vegetables. The seminar was organised by the LCCI.
They said that a little focus towards this important sector and public-private partnership could yield miraculous results. They said that appetite for Pakistani meat is strong in both domestic and export markets.
They said that exports of live animals should be marginalized and only meat be exported to get maximum benefits. They said that 15% milk is wasted in transportation requiring instant remedies. More chillers on farmlands need to be established, these can operate through join ownership of farmers.
They said that the chillers should be operated on no-profit-no-loss basis through interest free loan from the state, returnable in five years time. “In order to root out rural poverty it is recommended to provide 5 buffaloes, 10 goats and 3 acres to widows in each village. Once these are in place poverty reduction will be ensured and at the same time can provide milk, meat and biomass for the power projects in villages”, they added.
Addressing a seminar, LCCI President Sheikh Muhammad Arshad said that government should a target of 5% per year for livestock produce which can easily be achieved if the livestock investment from the state remains concentrated on composite projects from embryo development to export of meat for the farm.
They said that efforts must be directed to minimize the intermediaries between the farmer and domestic market on one hand and between the farmer and the international market on the other hand.
Source: The Nation