IANS | 13 Sep, 2023
The poultry farmers of Namakkal in Tamil Nadu are gearing up to
export eggs to Sri Lanka under the Bay of Bengal Initiative for
Multi-sectoral Technical and Economic Cooperation (BIMSTEC).
The
Tamil Nadu poultry farmers will be part of a 350 crore initiative from
the Union government to support Sri Lanka tide over the economic crisis.
Sri
Lanka was facing an unprecedented economic crisis and shortage of
poultry feed. This has led to a shortage in the eggs and an egg was
costing Indian Rs 16 (Sri Lankan Rupees 65). The rate of egg has now
come down to Rs 13 at present.
The Sri Lankan cabinet has approved
the proposal to import 90 million chicken eggs per month to bring the
prices of eggs down in the island nation.
The BIMSTEC has already
signed a memorandum of understanding with the Sri Lankan State Trading
Corporation for supply of onions, red chilies, pulses and chemicals to
the island nation.
