In a major policy shift, the government is planning to purchase Boro harvest directly from the farmers this season to help ensure a fair price for the latter and boost its own stock. On April 01, the cabinet division recommended that the food ministry take necessary steps to this effect, an official said. The move […]
Boro procurement far from target
Around a month has passed since programmes to procure Boro paddy and rice began, but the government has been able to buy a very insignificant quantity against its target this year, raising concerns that efforts to provide food to the poor amid the Covid-19 crisis might suffer a setback without adequate stock. Until Wednesday, the […]
Paddy Price and Procurement Study
Paddy prices become depressed due to high production, which recently took place with a bumper harvest of the boro rice crop. Farmers’ protest that they do not receive price support from the government as paddy prices cover only a fraction of production costs. Upon request of the Ministry of Agriculture and the Agricultural Policy Support […]
Rice Price Study Survey Enumerator Training
Upon request of the Ministry of Agriculture and the Agricultural Policy Support Unit (APSU), the Policy Research and Strategy Support Program (PRSSP), implemented by the International Food Policy Research Institute (IFPRI), will conduct a policy study to assess the paddy price issue and identify policies to help farmers overcome low paddy prices in the future. […]
Paddy of despair, farmers getting poor deal
The government’s market interventions have been largely ineffective. Bangladesh’s resilient farmers recouped the 2017 devastating flood-induced crop damages by growing more rice over the last few growing seasons including the current Boro. This high rice output brings much relief to the government that spent millions of Taka importing a record four million tons of rice […]