The government has approved a policy decision to provide a 20 percent rebate on electricity bills for marginal fish farms, hatcheries, and livestock and poultry farms. The initiative aims to reduce production costs in these sectors. To implement the rebate, the Finance Division has decided to allocate a subsidy of Tk 100 crore. The Ministry of Fisheries and Livestock announced the decision in a press release issued on Monday.

According to the release, the rebate is part of the government’s existing electricity rebate policy, which currently covers 16 sectors to promote agricultural production, export of agricultural goods, and the growth of agro-based industries. In continuation of this policy, four additional sectors have now been included under the rebate scheme: animal and poultry feed manufacturing, fish feed production, poultry industry, and dairy processing industry.

The dairy processing category includes pasteurized milk, powdered milk, ice cream, condensed milk, sweets, cheese, ghee, butter, chocolate, and yogurt. The ministry expects the rebate to significantly ease electricity expenses for farmers and entrepreneurs in these sectors.