Cost pressure chews up meat processing units in Telangana
Sreenivasa Rao Dasari Reeling under turbulent pressure, goat and sheep meat abattoirs-cum-processing units in Telangana look to government support as low margins are evaporating their export potential. The sheep meat exporters are urging the state government to extend subsidy on feed to lower sheep prices in addition to offering turnover-based incentives. Meat exports from Telangana are declining by the day owing to higher production costs when compared to other states such as Karnataka. Several abattoirs and meat processing units in Telangana are suffering from under capacity utilization owing to the supply shortage. Similarly, the goat and sheep meat export performance has also turned sluggish as poor price disparity make the local processing units uncompetitive in the global market, observes Mohammad Hasan, Managing Partner ...
Over 200 SEZs contributing to Indias exports
Source: PIB, Government of India More than 200 special economic zones (SEZs) operational across the country are involved in export of various goods, government said on Wednesday Operational SEZs In addition to seven SEZs of Central Government and 11 state/private sector SEZs set-up prior to the enactment of the SEZs Act, 2005, formal approval has been accorded to 416 proposals out of which 330 SEZs have been notified. Presently, a total of 202 SEZs are exporting. A list showing state/UT-wise distribution of operational SEZs is given below:- State/UT-wise distribution of Operational SEZs (As on 31.07.2015) States/UTs Operational SEZs Andhra Pradesh 19 Chandigarh 2 Chhattisgarh 1 Gujarat 18 Haryana 6 Karnataka 26 Kerala 15 Madhya Pradesh 2 Maharashtra 25 Odisha 2 Punjab 2 Rajasthan 4 Tamil Nadu 36 Telangana 26 Uttar Pradesh 11 West Bengal 7 GRAND TOTAL 202 The fiscal concessions and duty benefits allowed to Special Economic Zones (SEZs) are in-built into the SEZs Act, 2005 and Rules thereunder. ...
