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Patna,(BiharTimes): Maize, which is both Kharif and Rabi crop in Bihar, has succeeded in attracting large investment for manufacture of poulty feed and starch.
According to B Rajendra, director, agriculture department, , the efforts of Maize and Poultry Task Force (MPTF) of Bihar Agriculture Competitiveness Partnership will at least take four to eight months to take formal shape.
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Talking to the newsmen on Friday he said at least half of the participants have well-developed projects that can be ready for implemtation within eight months. The total maize yield in the state was 17 lakh metric tonnes, he added. It is grown in 6.5 lakh hectares in the state.
Farmer, representatives of private enterprise and government officials discussed the emerging investment in the maize sector at Bihar Industries Association on November 12. Rajendra said that Tom Davenport, senior manager of International Finance Corporation of the World Bank Groupp while addressing the November 12 meet emphasized that the IFC is commited to support private investment in Bihar.
Representatives of major commiodities exchanges, starch producers, large-scale traders, warehousing, market information services and dairy producers took part in the meet.
The aim of the meet was to remove misconception about Bihar. Rajendra said that MPTF has set up five working groups aimed at increasing maize yield and to enhance investment in maize and poultry sectors. The working groups will also oversee the supply of quality seeds, mechanization, value addition and marketing, he added.
However, he conceded that the investors pointed out the hurdles related to complexities of access to land, power shortages, uncertain train service and high transport cost.
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