Heatwave conditions in large parts of the country have hit the Indian poultry sector hard, with prices of chicken crashing 50% over the past one week as farmers offloaded the broiler chicks in the market owing to fear that high temperatures might kill the birds.
Heatwave: How Sweltering Temperature May Exacerbate India’s Economy?
Heatwave in India: India is currently experiencing a severe heatwave affecting several states, including Bihar, Bengal, Odisha and Andhra Pradesh. The agricultural and construction sectors are expected to be the most affected, with the estimated loss of working hours rising from 6% in 1995 to 9% in 2030. The country’s poultry sector has also taken a hit as prices of broiler chicken have plummeted over 50% due to fears of rising mercury levels killing the birds. The government has requested all states and UTs to ensure effective management to mitigate the adverse effects of the heat wave, including rescheduling working hours, providing drinking water facilities at workplaces and coordinating with health departments.
Heatwave in India: The northwestern parts of India are reeling under a severe heatwave for the last couple of days. The states that are witnessing scorching temperatures are Bihar, Bengal, Odisha and Andhra Pradesh. The weather department has also issued heatwaves alerts for Uttar Pradesh, Jharkhand, Odisha and Sikkim and warned that the maximum temperature will exceed the normal levels this summer. However, these heatwaves are not only bad for your health but also hit the country’s economy.
Poultry sector in India has been hit hard as heatwave conditions prevailed in large parts of the country. If reports are to be believed, prices of broiler chicken have plummeted by more than 50 per cent as Indian poultry farmers dumped the broiler chicks in the market due to fear that rising mercury levels might kill the birds.
The Poultry Federation of India asserted that the heatwave is resulting in a big loss for Indian poultry farmers. “Already, there is overproduction and now the farmers are being forced to sell the broiler chicks due to the heatwave at a price which is much lower. Chicken meat is being sold at a price which is 50% lower than it was in the February-March period.
Source – timesnownews