Bizdata Insights Main Logo

Rice procurement yet to begin in Sunamganj Haor

Industry: Agriculture & Livestock, Agro

Even after eight days since the launch of the rice procurement program in Sunamganj Haor region, the process has yet to commence in eight upazilas, leading to farmers selling their rice at lower prices in the local market. The program was inaugurated virtually by Food Minister  on May 7, but no official paddy purchases have been made since then. The government introduced an agricultural app this year for paddy procurement, but the selection process for farmers has not been completed, and farmers are showing less interest in applying through the app. The target is to buy 17,483 tonnes of paddy, while about 13.5 lakh tonnes of paddy has been harvested in the district this Boro season.

Although the target amount is relatively low compared to overall production, it ensures fair prices for marginal farmers in the Haor region. Some farmers find the mobile app application process inconvenient and prefer to sell rice at lower prices instead of dealing with it. Technical issues such as forgotten passwords or incorrect mobile numbers for registration also pose challenges. The farmers are eager to sell their paddy at a lower price due to the inconvenience of using the app. Despite the challenges, government officials are working to facilitate the paddy procurement process and expect to begin purchases from all upazilas soon through random selection via the mobile application.

Source for more details:

Related News

Litchi trading booming in Rajshahi

June 5, 2023

Litchi trading and marketing are booming in Rajshahi, involving hundreds of laborers in harvesting, processing, and transportation of the seasonal fruit. The ongoing harvest is in full swing, with abundant supply, high demand, and better prices in local markets, bringing happiness to both growers and traders. Temporary shops have been set up in various areas, displaying the eye-catching fruit. Market prices are relatively high this season, but farmers are hopeful for good earnings.

Tk97,873 Crore subsidy for agriculture in 13 years

June 5, 2023

During a question-answer session in the Jatiya Sangsad, Agriculture Minister said that the government has allocated subsidies amounting to over Tk97,873 crore for the agriculture sector over the past thirteen years. In response to a query from a ruling party lawmaker, the minister stated that the subsidies were provided for fertilizers, electricity rebates, and diesel.

The subsidy amount for the 2009-2010 period was Tk4,840.47 crore, with Tk4,009.43 crore allocated for fertilizers, Tk81.04 crore for electricity rebates, and Tk750 crore for diesel

Agricultural exports to fall up to 11%

June 5, 2023

A recent study suggests that Bangladesh's agricultural exports could decline by as much as 11 percent in major Generalised System of Preferences (GSP) providing countries following its graduation from the group of least-developed countries (LDCs). The study highlights potential losses of 6 to 11 percent in agricultural exports, including fish, to countries such as India, the European Union, China, the UK, Japan, Canada, and South Korea. The Indian market is expected to be the most heavily affected, with an export loss of 11 to 22 percent, equivalent to $21 million to $43 million.

Commercial pineapple cultivation in Garo Hills

June 4, 2023

Pineapple cultivation in Garo hills of Sherpur district has emerged as a strong competitor to the renowned Madhupur pineapple. Some tribal pineapple grower from Madhupur successfully initiated commercial pineapple cultivation on theirr lands. Despite initial concerns, they are delighted with the outcome as the pineapples turned out to be even more delicious and juicy than Madhupur's variety.

Bumper maize harvest in Rangpur

June 4, 2023

Farmers in the Rangpur agriculture region are delighted with a bumper maize harvest and favorable market prices during the current Rabi season. The Department of Agricultural Extension (DAE) had set a production target of 11,70,696 tonnes of maize from 1,08,065 hectares of land in the region. However, farmers exceeded expectations by cultivating an additional 5,535 hectares of land. Maize cultivation has been gaining popularity due to its lower labor and cost requirements, coupled with high yields and lucrative prices.

180,000 tonnes fertiliser to import from Russia

June 3, 2023

In the fiscal year 2023-24, the government of Bangladesh has entered into an agreement with Russia to import 180,000 tonnes of Muriate of Potash (MoP) fertilizer. The deal was signed between the Bangladesh Agricultural Development Corporation (BADC) and Prodintorg, a Russian State-owned Corporation, in Moscow on June 1.

Related News

Litchi trading booming in Rajshahi

June 5, 2023

Litchi trading and marketing are booming in Rajshahi, involving hundreds of laborers in harvesting, processing, and transportation of the seasonal fruit. The ongoing harvest is in full swing, with abundant supply, high demand, and better prices in local markets, bringing happiness to both growers and traders. Temporary shops have been set up in various areas, displaying the eye-catching fruit. Market prices are relatively high this season, but farmers are hopeful for good earnings.

Tk97,873 Crore subsidy for agriculture in 13 years

June 5, 2023

During a question-answer session in the Jatiya Sangsad, Agriculture Minister said that the government has allocated subsidies amounting to over Tk97,873 crore for the agriculture sector over the past thirteen years. In response to a query from a ruling party lawmaker, the minister stated that the subsidies were provided for fertilizers, electricity rebates, and diesel.

The subsidy amount for the 2009-2010 period was Tk4,840.47 crore, with Tk4,009.43 crore allocated for fertilizers, Tk81.04 crore for electricity rebates, and Tk750 crore for diesel

Agricultural exports to fall up to 11%

June 5, 2023

A recent study suggests that Bangladesh's agricultural exports could decline by as much as 11 percent in major Generalised System of Preferences (GSP) providing countries following its graduation from the group of least-developed countries (LDCs). The study highlights potential losses of 6 to 11 percent in agricultural exports, including fish, to countries such as India, the European Union, China, the UK, Japan, Canada, and South Korea. The Indian market is expected to be the most heavily affected, with an export loss of 11 to 22 percent, equivalent to $21 million to $43 million.

Commercial pineapple cultivation in Garo Hills

June 4, 2023

Pineapple cultivation in Garo hills of Sherpur district has emerged as a strong competitor to the renowned Madhupur pineapple. Some tribal pineapple grower from Madhupur successfully initiated commercial pineapple cultivation on theirr lands. Despite initial concerns, they are delighted with the outcome as the pineapples turned out to be even more delicious and juicy than Madhupur's variety.

Bumper maize harvest in Rangpur

June 4, 2023

Farmers in the Rangpur agriculture region are delighted with a bumper maize harvest and favorable market prices during the current Rabi season. The Department of Agricultural Extension (DAE) had set a production target of 11,70,696 tonnes of maize from 1,08,065 hectares of land in the region. However, farmers exceeded expectations by cultivating an additional 5,535 hectares of land. Maize cultivation has been gaining popularity due to its lower labor and cost requirements, coupled with high yields and lucrative prices.

180,000 tonnes fertiliser to import from Russia

June 3, 2023

In the fiscal year 2023-24, the government of Bangladesh has entered into an agreement with Russia to import 180,000 tonnes of Muriate of Potash (MoP) fertilizer. The deal was signed between the Bangladesh Agricultural Development Corporation (BADC) and Prodintorg, a Russian State-owned Corporation, in Moscow on June 1.

Shopping cart

0
image/svg+xml

No products in the cart.

Continue Shopping

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here