Wednesday, Apr 24 2024 | Time 17:27 Hrs(IST)
image
Business EconomyPosted at: Jul 28 2016 8:07PM


Odisha to open 53 'chicken fresh' outlets

Bhubaneswar, Jul 28 (UNI) Odisha government has decided to open 53 'chicken fresh' outlets in various district headquarters in the first phase with an objective to provide hygienically processed poultry meat and egg and create self employment opportunities for people.
Fisheries and animal resources development secretary B Sethi said, 53 outlets would create direct employment opportunities for around 260 persons. Besides, it would also provide marketing support to the farmers engaged in broiler and layer farming.
The government decided to open 53 outlets after the success of the three chicken fresh outlets in Bhubaneswar corporation area. Offcial sources here said the annual turnover of each of these outlets is around Rs 1 crore.
Under the present scheme, the site for the chicken outlets would be leased out to the successful bidder for a period of 15 years subject to extension of further 10 years on fulfillment of prescribed norms.
After selection of entrepreneurs, a tripartite agreement would be signed among the managing director, Odisha poultry federation (OPOLFED), Private entrepreneur and concerned urban local body. The private entrepreneur would not be allowed to sublet sublease the chicken-fresh outlets.
As a promotional incentive, the selected entrepreneurs would be provided 25 per cent back ended subsidy of the project cost subject to a maximum limit of Rs 9.87 lakh. The approximate cost of an ideal outlet with all hygienic safeguards has been estimated at Rs 39.50 lakhs. The entrepreneurs can invest the balance 75 per cent of the project cost either from own source or by availing bank loan.
Mr Sethi said, Rs 4 crore has been provided in the current financial year to kick start the initiative.
UNI BD AKM VS RJ VN2007
Please log in to get detailed story.
Tags: #Odisha to open 53 'chicken fresh' outlets
More News

Sensex advances 114 49 pts

24 Apr 2024 | 5:06 PM

Mumbai, Apr 24 (UNI) Extending gains for the fourth consecutive session on Wednesday, the BSE Sensex went up 114.49 pts to close high at 73,852.94 following gains in Commodities, Metal, Industrials and Health Care stocks.

see more..

Rupee advances 2 paise against USD

24 Apr 2024 | 5:05 PM

Mumbai, Apr 24 (UNI) The Rupee remained strong on Wednesday as it added two paise gains to close at 83.32 against the USD on selling US Dollar by bankers and exporters, dealers at the Foreign exchange said.

see more..
RBI issue Master Direction for ARCs; minimum Net Owned Fund set at Rs 300 cr

RBI issue Master Direction for ARCs; minimum Net Owned Fund set at Rs 300 cr

24 Apr 2024 | 4:58 PM

Mumbai, April 24 (UNI) Underlining its critical role in resolution of stressed financial assets of banks and financial institutions, the Reserve Bank of India (RBI) on Wednesday issued Master Directions for the Asset Reconstruction Companies (ARCs) and fixed minimum net owned fund (NOF) of Rs 300 crore to commence the business of securitisation or asset reconstruction.

see more..

mjunction joins ONDC Network

24 Apr 2024 | 3:49 PM

Kolkata, Apr 24 (UNI) mjvaluemart, mjunction’s online marketplace for the sale of unused surplus MRO spares, has joined the Open Network for Digital Commerce (ONDC).

see more..

Mahindra Tractors crosses milestone by selling 40 lakh tractor units

24 Apr 2024 | 3:46 PM

Kolkata, Apr 24 (UNI) Mahindra Tractors, part of the Mahindra Group and the world’s largest tractor manufacturer by volume, has achieved a milestone by selling the brands 40th Lakh tractor, inclusive of exports in March 2024.

see more..
image