Govt to procure Boro rice as price incentive to farmers
Friday, 10 April 2009
The government is planning to procure Boro rice as price incentive to farmers so that they do not get frustrated, Food Minister Abdur Razzak said Thursday, reports UNB.
"We want to procure Boro rice at a reasonable price keeping the interest of farmers in mind," he said.
The minister was addressing a national conference titled 'Market Volatility, Vulnerability and Food Security in Bangladesh: Strategic Issues and Policy Options' held at Hotel Sheraton in the evening.
Bangladesh Institute of Development Studies (BIDS) and British Department for International Development (DFID) jointly organised the daylong conference.
Razzak said the government needs to be smarter in determining the appropriate amount of subsidy to agri-inputs and the domestic procurement price.
"We're improving the coordination between the Ministry of Agriculture and the Ministry of Food and Disaster Management to ensure that the farmers have the right level of incentives to grow more food in a sustainable way," Razzak said.
He said the government would also look for ways to harness the opportunities under SAARC regional initiatives for food security and evolve a right approach in ensuring food security for all.
"We want to procure Boro rice at a reasonable price keeping the interest of farmers in mind," he said.
The minister was addressing a national conference titled 'Market Volatility, Vulnerability and Food Security in Bangladesh: Strategic Issues and Policy Options' held at Hotel Sheraton in the evening.
Bangladesh Institute of Development Studies (BIDS) and British Department for International Development (DFID) jointly organised the daylong conference.
Razzak said the government needs to be smarter in determining the appropriate amount of subsidy to agri-inputs and the domestic procurement price.
"We're improving the coordination between the Ministry of Agriculture and the Ministry of Food and Disaster Management to ensure that the farmers have the right level of incentives to grow more food in a sustainable way," Razzak said.
He said the government would also look for ways to harness the opportunities under SAARC regional initiatives for food security and evolve a right approach in ensuring food security for all.