UVAS Hosts Post-Budget Dialogue Focused on Livestock Sector
The University of Veterinary and Animal Sciences (UVAS) hosted a post-budget dialogue on Tuesday where various stakeholders from the poultry, dairy, meat and leather sectors discussed the implications of the current budget for the livestock sector.
UVAS Vice-Chancellor, Prof. Dr. Nasim Ahmad, along with Livestock Commissioner, Dr. Muhammad Akram, chaired the session which was held at UVAS.
Participants welcomed the import duty exemption on agricultural machinery and several other government initiatives.
It was suggested that allocations for the livestock sector should be increased given the sector’s gigantic contribution to GDP. The dairy sector should be granted industry status and duties on imported milk should be increased to protect local farmers who are facing increasing pressure from rising production costs.
It was stressed that there was a need for major political and budgetary initiatives to ensure the viability of livestock enterprises in order to prevent small and medium farmers from abandoning livestock production.
In order to cope with the rising cost of imported supplies, it was necessary to intensify initiatives to localize soybeans and other inputs hitherto imported.
It was also noted that the deferral of sales tax refunds was eating up dairy companies’ working capital and increasing their operating costs.
Trainings and farmer awareness initiatives should be undertaken to increase livestock productivity and avoid the loss of valuable materials for leather industries caused by various skin-related diseases.
Speaking on the occasion, Dr. Muhammad Akram commended the role of UVAS in organizing post-budget dialogues every year and providing a platform for stakeholders to discuss the challenges facing the livestock sector.
He also suggested organizing pre-budget dialogues in future years to provide timely inputs for budget preparation.
UVAS Vice-Chancellor Prof. Nasim Ahmad said UVAS plays the primary role of a think tank for the livestock sector and organizes such debates for the wider benefit of the society.