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Muslims in Bangladesh have bought and sacrificed around 1 crore cattle

Business Habit ⋅ @businesshabit ⋅ Jul 24, 2022


Reportedly, Muslims in Bangladesh have bought and sacrificed around 1 crore cattle (cows and goats/sheep) this past Eid-Ul-Azha. The rural economy got a huge boost of around BDT 38,808 crore. 


In Bangladesh, business of sacrificial animals has become a lucrative one because of this new trend among Muslims. Many rich people invest in sacrificial animals on Eid eve for making fast money. It has turned into a big industry.


In Bangladesh, Qurbani cattle business is a $ 1 billion business with about ten lakh animals being sacrificed. The market is increasing both in size and standard. The demand for costlier animals, particularly cows is increasing by the year thanks to the economic growth of the country.


In Bangladesh, the sacrificial cows are categorized under four grades according to their physique, look and weight: Grade A, Grade B, Grade C and Grade B. Their price depends on their grade. For example, a Grade A cow sells at 1.5 lakh BDT (Bangladeshi Taka) to 9 lakh BDT; Grade B cow sells at 1 lakh to 1.5 BDT; Grade C cow sells at 70, 000 to 90,000 BDT and Grade C cow sells at 60, 000. Grade C and D cows are the local breed sold by poor farmers to earn money in the festival season.


Of the total, 4,053,679 cows and buffaloes, 50,38,848 goats and sheep, and other 715 cattle have been sacrificed, a Livestock Ministry press release said here on Saturday.


In Dhaka, about 2.23 million animals, including 9,73,833 cows and buffalos and 12,65,056 goats and sheep were sacrificed.


However, in other districts in Bangladesh, the sacrificing ratio of cattle increased significantly. it's becoming a booming industry in Bangladesh. On the basis of that, many other online industries and startups have already been created. 
Category and Tags
Culture and Habits Eiduladha2022, Qurbani, Economy, Bangladesh, Impact
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