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Agri, rural dev sectors get highest allocation

Published : Thursday, 7 June, 2018 at 4:52 PM  Count : 1184

Agri, rural dev sectors get highest allocation

Agri, rural dev sectors get highest allocation

The government has allocated Tk 58,928 crore for agriculture and rural development sector for FY 2018-19. This is the highest allocation for any sector in the next financial year.

Finance Minister Abul Maal Abdul Muhith made this proposal while placing budget for 2018-19 fiscal at the Jatiya Sangsad on Thursday.

The minister said, “To ensure sustainable development in agriculture sector, we are laying emphasis on environment-friendly and climate adaptation programmes. We are working on innovation of appropriate technology and crop variety through research and disseminate them the results thereafter.”

"In the next fiscal year a target has been set to innovate 22 new varieties of crops and 21 new technologies. Besides, research activities to innovate various adversity tolerant and environment-friendly varieties of jute and diverse jute products are going on in full swing," the minister said, adding, “We are taking various steps to reduce the use of urea fertilizer and protect fertility of land by increasing the use of organic and balanced fertilizer as well as to increase crop productivity.”

Muhith went on : “Alongside, we have taken initiatives to establish and renovate fertilizer laboratories and research centres to ensure quality of fertilizers.  Use of surface water instead of underground water and modern technology (Drip irrigation, Sprinkler irrigation etc.) in irrigation is on the rise. We are establishing quarantine centres to modernise value chain and market system to expand agro based industries as well as to ensure safe and risk-free imports in agriculture sector.”

Bangladesh has made significant progress in fisheries sector as well, said the minister.

He said, “According to the report of Food and Agricultural Organization (FAO) of United Nations 2016, Bangladesh secured fourth position in fish production from inland open water and fifth position in fish production from inland closed water.  While continuing this trend in fish production, we want to increase fish production to 45.52 metric tonnes by 2021.”

About rural development the minister said, “We have brought about qualitative changes in rural poverty alleviation strategy. ‘Ekti Bari Ekti Khamar’ (One House, One Farm) programs have been implemented in every union of the country to promote micro savings instead of microcredit.  This is a permanent process of poverty alleviation and the rural poor people are getting perpetual finance, investment and sources of income through this project, as a result of which they are becoming self-reliant.”

“Hopefully, 60 lakh families, which means 3 crore people altogether will be permanently taken out of the scourge of poverty by 2021 through this program. We are conducting many social and empirical researches as well. Based on the result of an innovative empirical research, we are implementing modern housing program namely ‘Palli Janapad’ in 7 districts of 7 divisions of the country,” he added.


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