Saturday, November 25, 2017

550,000 flood-hit farmers to get Tk 590 million in seeds, fertiliser

  • Senior Correspondent,
    Published: 2017-09-10 16:29:55 BdST


The government will distribute seeds and fertiliser worth Tk 590 million to struggling farmers who suffered losses in the recent floods.

Nearly 550,000 farmers will receive aid under the programme, Agriculture Minister Matia Chowdhury told a media briefing at the Secretariat on Sunday.

Wheat, maize, mustard, peanut and various lentil seeds will be provided, in addition to DAP and MOP fertiliser, she said.

Each farmer will receive the support for one bigha of land.

The agriculture minister said the government expects the aid to produce nearly Tk 7.28 billion in crops, with a twelve-fold return on investment.

“The Ministry of Agriculture will provide the funds for the incentive programme. Raising the budget will not be necessary to cover the expenses,” the minister said.

The program will help to continue the growth of agricultural production, she said.