$7225m required for agri development master plan
An investment of about $ 7,225 million is needed to implement the priority programmes of the Master Plan for Agriculture Development in the country’s southern region during the 2013-2021 period.
This was revealed at a presentation on the master plan to apprise the development partners at the NEC 2 at the city’s Sher-e-Bangla Nagar on Sunday, reports UNB.
The government with technical support from FAO has prepared the master plan, aimed at sustainable food security, poverty reduction and livelihood development for the poor. This is a roadmap for integrated agricultural development in the country’s coastal zone.
Farmers eye bumper Boro yield in Biswanath
Farmers and agriculture officials are expecting bumper production of Boro paddy at Biswanath upazila of the district in the current season.
Cultivation of Boro paddy in Biswanath upazila shows bright prospect and the yield is expected to stand near 25,000 tonnes, according to the upazila agriculture office.
About 7,30,00 hectares land of the upazila was brought under Boro cultivation in the current season.
Paddy fields have already taken a ripe golden hue and the ...
Rice import value surges twelve fold
The country's spending on rice imports have increased twelve fold during the first eight months of FY 2013-14 (July 2013 - June 2014), compared with that of the same period in FY 2012-13, according to the Bangladesh Bank.
The Bank’s data shows that actual import settlements for rice stood at $171.58 million between July 2013 and February 2014 against $13.24 million during the same period last year, say local sources. The Bank also says that rice imports surged despite an increase in rice production in FY 2012-13. Decline in international rice prices, increase in domestic rice prices, appreciation of Bangladeshi taka against the U.S. dollar are the ...
Bangladesh signs deal to establish food storage facility
The government of Bangladesh has entered into a financing agreement with the International Development Association (IDA), a unit of World Bank, to establish a food storage facility.
As part of the Modern Food Storage Facilities project, the government will construct steel silos and support the distribution of smaller household silos to 500,000 households.
The steel silos, capable of storing around 535,500 tons of rice and wheat for up to three years, incorporat...
The steel silos, capable of storing around 535,500 tons of rice and wheat for up to three years, incorporat...
Rice production expected to increase
Bangladesh's rice production in the MY 2013-14 (May 2013 - April 2014) is expected to increase to around 34.59 million tons, up about 2% from around 33.82 million tons produced in the MY 2012-13 due to better yields and good weather, according to the USDA Post in Dhaka.
The USDA Post lowered its estimates for the Aus (planted in March/April and harvested in June/July) crop by 90,000 tons to 2.41 million tons as the yields were hurt by flash floods in northern ...
The USDA Post lowered its estimates for the Aus (planted in March/April and harvested in June/July) crop by 90,000 tons to 2.41 million tons as the yields were hurt by flash floods in northern ...
Small investors receding as multinational companies proliferating
Small poultry farm owners are gradually losing the ground for business to big investors in the sector, particularly the multinational investors, amid the absence of a protective mechanism by the government.
The stakes of the multinational companies over the poultry sector have made a leap from 4-5 percent to 31-32 percent since 2007, while, at the same time, more than 50 percent of the country’s small poultry farm owners who have called it quits, according to insiders in the sector.
While bi...
While bi...
