StanChart, TMSS to provide onion seeds to 2,000 farmers

Standard Chartered Bangladesh has partnered with Thengamara Mohila Sabuj Sangha (TMSS) to distribute onion seeds to 2,000 farmers in Bogra, Pabna, and Faridpur.

Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, and Prof Dr. Hosne-Ara Begum, Founder of TMSS, signed an agreement to this end recently, says a statement.

By providing beneficiaries with high-quality onion seeds, the bank is helping to elevate overall crop productivity, which will catalyse a surge in yields. This will not only aid in meeting the rising demand for onions but will also contribute to increased agricultural output. Standard Chartered Bangladesh will contribute around Tk 10 million to implement this project.

Individuals and farmers in the target locations are currently struggling to grow onions due to the high cost of seed inputs. This intervention will significantly help to ease this burden.

Naser Ezaz Bijoy, Chief Executive Officer, Standard Chartered Bangladesh, said, "The introduction of quality onion seed inputs in areas such as Bogra, Pabna, and Faridpur will have a transformative impact by driving agricultural practises towards a more productive, technologically advanced, and sustainable direction. We are proud to work with TMSS to make this programme a reality and improve the livelihoods of 2,000 farmers."

Professor Dr. Hosne-Ara Begum, Founder of TMSS, said, "We are extremely glad to work with Standard Chartered to improve our farmers specially women to empower them both socially and economically through onion cultivation. We reckon, through implementation of this project, we will help improve social status of such marginal farmers along with mitigating the crisis of onion cultivation in near future."