The government has started disbursing Tk 170 crore as incentives to boost Boro paddy production across the country.
A total of 2.7 million farmers will get seeds and fertilizers under the program, said a press release of the Agriculture Ministry on Tuesday, reports UNB.
The incentives are being disbursed in three categories. For boosting hybrid Boro production, 1.5million farmers will get two kg seeds each spending Tk 82 crore of the incentives.
Besides, 1.2 million more farmers will be beneficiary under the incentive of about Tk 73 crore for increasing the production of high-yielding varieties. Under it, a farmer will get 5kg of seeds, 10 kg of DAP and 10 kg of MOP fertilizer required for cultivating one bigha land.
Apart from that, an incentive of Tk 15 crore will be given for simultaneous planting and harvesting of paddy in a field to facilitate the use of agricultural machinery.
Under this, 110 blocks or exhibitions will be set up in 61 districts. Each exhibition will be held on 50 acres of land costing Tk 13.70 lakh.
These incentives are being provided from the agriculture rehabilitation support sector under the regular budget of the Ministry of Agriculture.
These incentives distribution programs are ongoing at the field level and already about 50% of incentives have been disbursed.
