Poster in Dec 04, 2022 02:06:49

BIDS Development Conference: The role of commercial service providers in agriculture is increasing

BIDS Development Conference: The role of commercial service providers in agriculture is increasing

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The use of new technology has brought many changes in the agricultural economy of the country. The next generation of many formerly agricultural families is no longer interested in this work. As a result, local farmers are cultivating their land on lease or rent. In this case, from production to marketing, a class of people is helping with various services including fertilizers, seeds, and advanced machinery. Besides tenant farming, the role of these intermediate commercial service providers in agriculture is also increasing day by day.

Last Friday (December 2, 2022), the speakers said these things in the fourth session of the second day of the annual development conference of the Bangladesh Institute of Development Studies (BIDS). This conference is going on for three days at Lakeshore Hotel in Gulshan of the capital Dhaka.

BIDS Professorial Fellow and Agricultural Economist MA Sattar Mondal presented a paper on Rural Agricultural Economics in the session presided over by BIDS Director General Vinayak Sen. Also present was Geoff Wood, Emeritus Professor of International Development at the University of Bath, UK.


MA Sattar Mandal said on the occasion, 'There are three types of farming management in our agricultural economy. First, the production of crops for their own needs on the family land. Second, large-scale production of agricultural products using commercially advanced technology. Third, is the hybrid type. In other words, local farmers cultivate by renting family land and various services.

Agricultural Economist MA Sattar Mandal said that due to indifference to agriculture, lack of experience in urbanization and management, etc., the amount of household agricultural production in the country is decreasing. Due to their absence, the rural agricultural production process is now in the hands of middlemen. A group of them are cultivating the land on rent from the landlord. Another group provides all types of machinery, raw materials, and technical services in the agricultural production process.

MA Sattar Mandal said new technology has changed the previous agricultural production process. Power tillers are now being used instead of plowing with cows. Modern excavators have replaced the laborers who cut the soil. As a result, a part of those who were workers earlier are renting land, and another part is providing services for these machines and technologies.

In the event, Vinayak Sen said, 'Through today's discussion, a new research space has been created on the management of the agricultural economy. With the application of new knowledge and new technology in the agricultural sector, a new service class has been created in the agricultural sector. At the same time, landowners and farmers are also able to get more involved in agriculture. As a result, sustainability in the agricultural economy has increased.

Source:
Online/SZK

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