The stupidity of the Govt. and its lack of preparedness even when the hard-working farmers of Bangladesh produce the goods ---
Last year there was a bumper production of potatoes and in the absence of a policy framework, there were reports of potatoes getting rotten in the cold storages. With the new potato harvest waiting to be collected, the agro-businesses face a bleak future.
http://www.theindependentbd.com/paper-edition/editorial/post-editorial/81289-woes-of-overproduction-in-agri-sector.html
<< Other than the staple, the government can also impose tariff on imported agri-products to give protection to the domestic producers. Despite some laudable efforts by the government to help the growers at the field level, there remains much to be done to gain the confidence of the farmers who have helped sustain the economy even when the world was groaning under the shadow of a depression during 2008.
If the government really wants to reach maximum benefit to the farmers, there is no substitute for a comprehensive crop insurance policy. The city-based private and public insurance companies feel hesitant to insure crops as they think it is too risky a move for them to pursue owing to the freaks of nature and natural disasters.
If initially the government guarantees the return of their investment in case of crop failure owing to drought or floods, the public insurance companies may be persuaded to introduce crop insurance in the light of the US experience in this field for the last hundred years or so. >>
Last year there was a bumper production of potatoes and in the absence of a policy framework, there were reports of potatoes getting rotten in the cold storages. With the new potato harvest waiting to be collected, the agro-businesses face a bleak future.
http://www.theindependentbd.com/paper-edition/editorial/post-editorial/81289-woes-of-overproduction-in-agri-sector.html
<< Other than the staple, the government can also impose tariff on imported agri-products to give protection to the domestic producers. Despite some laudable efforts by the government to help the growers at the field level, there remains much to be done to gain the confidence of the farmers who have helped sustain the economy even when the world was groaning under the shadow of a depression during 2008.
If the government really wants to reach maximum benefit to the farmers, there is no substitute for a comprehensive crop insurance policy. The city-based private and public insurance companies feel hesitant to insure crops as they think it is too risky a move for them to pursue owing to the freaks of nature and natural disasters.
If initially the government guarantees the return of their investment in case of crop failure owing to drought or floods, the public insurance companies may be persuaded to introduce crop insurance in the light of the US experience in this field for the last hundred years or so. >>
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