Farmers get funds to recoup flood-induced losses

The agriculture ministry has so far provided incentives worth Tk 372 crore among 57 lakh farmers to help them recover from losses incurred from repeated floods and the pandemic. 

It also intended to encourage diversification of crops during the winter season, said a press release from the ministry.

Farmers were given seeds, saplings and fertiliser for the cultivation of crops on nearly 23.65 lakh bighas of land.

Of the fund, Tk 122 crore was intended to cover losses. Another Tk 90 crore was for increasing cultivation of sunflower, black gram, mustard and maize.

The government also provided Tk 136 crore-worth seeds to boost cultivation of Boro rice crop in the current season and Tk 25 crore to increase onion production.

Besides, the ministry gave out incentives to growers for increasing cultivation of hybrid rice.