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    Maharashtra’s poultry pegs losses at Rs 150 crore due to coronavirus scare

    Synopsis

    “The sales declined after February 4 when rumours linking corona virus to chicken consumption emerged on social media. The daily sale of chicken had declined from about 3000 tonnes per day to about 2000 tonnes per day. Sales increased to about 2400 tonnes per day now,” said PG Pedgaonkar, general manager, Venkey’s.

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    PUNE: Poultry industry of Maharashtra had pegged its losses during past 15 days due to drop in sales caused by rumours about corona virus spreading through chicken, at Rs 150 crores.

    “The sales declined after February 4 when rumours linking corona virus to chicken consumption emerged on social media. The daily sale of chicken had declined from about 3000 tonnes per day to about 2000 tonnes per day. Sales increased to about 2400 tonnes per day now,” said PG Pedgaonkar, general manager, Venkey’s.

    The decline in chicken demand due to Mahashivratri also worsened the total demand in the market.

    “Farm gate chicken prices declined by more than 50% taking the daily losses of the state to about Rs 10 crore,” he said.

    SP Singh, commissioner, animal husbandry said that the government has registered police complaint against unknown persons.

    The central government too had issued a notification clarifying that chicken in India was safe to consume.

    Earlier, social media rumours claiming presence of plastic eggs had affected egg sales.
    (Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

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    2 Comments on this Story

    Hudaf Shaikh171 days ago
    The real immediate threat is H1N1 with 6 Supreme Court judges down with suspected H1N1.
    Given our hygiene standards for poultry and meat, if coronavirus hits our population, it will impact far more people than it has in China.
    Amit Nayak175 days ago
    Now the Govt of MH will announce a Loan Waiver for Poultry industry also...
    The Economic Times