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GFMM desk: This year, the Government of Bangladesh will procure 600,000 tons of Aman paddy for the first time directly from the farmers, at a cost of Tk 26 per kg.
The procurement will run from Nov 20, 2019 to Feb 28, 2020 Food Minister Sadhan Chandra Majumder told reporters after a meeting on Thursday, October 31, 2019.
“We’ll buy Aman paddy from the farmers, which has not been done before,” he said.
Apart from the Aman paddy, the government will purchase 300,500 tons of boiled rice at Tk 36 a kg and 50,000 tons of non-boiled or Atap rice at Tk 35 per kg from the millers, said Majumder.
The government currently has over 1.2 million tons in reserve, according to the minister.
This year’s paddy production cost is Tk 21.50 per kg but the government will procure the produces at higher rates. The government has set a target of producing 5.3 tons of Aman paddy this year.
“The local administrations will finalize the list after scrutinizing a primary list of farmers prepared by the agriculture ministry. If the list becomes larger, farmers will be selected through a lottery,” said the minister.
This time, farmers are expecting the bumper yield of Aman paddy also.
Source: Online/SZK
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