Cut in budget subsidy on agriculture slammed in JS


FE Team | Published: June 13, 2024 23:55:38


Cut in budget subsidy on agriculture slammed in JS

Independent MP Naser Shahriar Zahedi has criticised Finance Minister Abul Hasan Mahmud Ali for reducing the subsidy on agriculture in the proposed budget for the fiscal year 2024-25, reports UNB.
Zahedi questioned the reason behind reducing the subsidy in an agriculture-dependent country.
Participating in the general discussion on the proposed budget in parliament on Thursday, Zahedi elected from Jhenaidah-2 constituency, highlighted the issue of inflation.
He stressed the need for increasing agricultural production to curb inflation and argued that farmers should receive more subsidies.
Zahedi pointed out that the subsidy on agriculture has been reduced by 32.7 per cent, which he deemed very unfortunate and unjustified.
He demanded that the previous year's subsidy levels be maintained.
Zahedi also called for an allocation of Tk 10 billion to the Vulnerable Group Feeding (VGF) programme.
AL MP elected from Feni-1 Alauddin Ahmed Chowdhury echoed concerns about the effective use of budget allocations.
He put emphasis on inducing amendments to the government procurement policy (PPR) to prevent the misuse of government funds.
He also addressed issues faced by MPO teachers, who often wait years for pensions, and suggested a bulk allocation to resolve this problem.

Share if you like