Govt provides Tk 602.68b as subsidies for agriculture in 9 yrs: Matia

Published: September 11, 2018 20:46:38 | Updated: September 21, 2018 11:02:28

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The government has provided Tk 602.68 billion as subsidies for agriculture sector of the country in the last nine years, agriculture minister Begum Matia Chowdhury said.

“Highest subsidies was more Tk 581.29 billion which was given to the fertilizer sector,” said the minister.

Matia Chowdhury said this while responding to a query placed by treasury bench lawmaker M Abdul Latif of Chattagram-11 at the Jatiya Sangsad on Tuesday.

Morever, the government has provided Tk 11.59 billion subsidy as rebate to the electricity sector, Tk 868.30 million for Sugarcane farming, Tk 1.42 billion for rehabilitation and Tk 7.50 billion for diesel.

The agriculture minister said the present government has increased the subsidy for fertilizer by reducing its price, reports BSS.

The farmers were used to apply balanced fertilizer as the government continuously provided support for the fertilizer after coming to power, she informed the house.

Even the farmers are able to produce crop at minimum cost due to providing subsidies to the electricity sector, she said.

Consequently, the country now achieve 4th position in paddy production, 7th position in potato production and 3rd position in vegetable production.

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