{"id":10545,"date":"2023-11-13T11:36:18","date_gmt":"2023-11-13T11:36:18","guid":{"rendered":"https:\/\/ricenewstoday.com\/dev\/?p=10545"},"modified":"2023-11-13T11:37:17","modified_gmt":"2023-11-13T11:37:17","slug":"tk-108-crore-incentive-for-high-yield-rice-growers","status":"publish","type":"post","link":"https:\/\/ricenewstoday.com\/dev\/tk-108-crore-incentive-for-high-yield-rice-growers\/","title":{"rendered":"Tk 108 crore incentive for high-yield rice growers"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"860\" height=\"484\" src=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/11\/image-69.png\" alt=\"\" class=\"wp-image-10546\" srcset=\"https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/11\/image-69.png 860w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/11\/image-69-600x338.png 600w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/11\/image-69-300x169.png 300w, https:\/\/ricenewstoday.com\/dev\/wp-content\/uploads\/2023\/11\/image-69-768x432.png 768w\" sizes=\"(max-width: 860px) 100vw, 860px\" \/><\/figure>\n\n\n\n<p>The government plans to provide farmers with nearly Tk 108 crore incentive to encourage them to increase cultivation of high-yielding varieties of rice and produce more grains to meet the growing demand for the staple.<\/p>\n\n\n\n<p>The incentive will be provided in the form of seeds and non-urea fertiliser to 15 lakh small and marginal farmers, the agriculture ministry said in a statement today.<\/p>\n\n\n\n<p>Each grower will get 5 kilogrammes (kg) of seeds of the rice variety, 10 kgs of diammonium phosphate and muriate of potash for free for cultivation on each bigha of land, the ministry said.<\/p>\n\n\n\n<p>&#8220;The distribution activity will start soon at the field level,&#8221; according to the statement signed by Md Kamrul Islam Buyan, senior information officer at the agriculture ministry.<\/p>\n\n\n\n<p>The announcement came just before the start of boro cultivation season, which provides 55 percent of rice to the annual rice production basket.<\/p>\n\n\n\n<p>Farmers usually begin to make seedbeds for boro paddy in November-December period of a year to harvest the crop beginning from the end of April.<\/p>\n\n\n\n<p>Earlier, the agriculture ministry also declared Tk 90 crore incentive for farmers to promote hybrid rice cultivation in the coming boro season. The stimulus is under distribution, it said.<\/p>\n\n\n\n<p>With the latest incentive, the government provides nearly Tk 200 crore to encourage boro rice cultivation.<\/p>\n\n\n\n<p>During the period, acreage of local rice varieties declined by half to 9 percent of the total rice area.<\/p>\n\n\n\n<p>Farmers bagged 2.07 crore tonnes of the staple grain during the boro season in fiscal year 2022-23, up 3 percent year-on-year.<\/p>\n\n\n\n<p>In FY23, total rice production grew 2.5 percent year-on-year to 3.91 crore tonnes, a new record, said the Bangladesh Bureau of Statistics.<\/p>\n\n\n\n<p>The government&#8217;s decision to provide incentive comes at a time when the farmers are slowly shifting from cultivation of local varieties of rice.<\/p>\n\n\n\n<p>Data from the BBS showed that area under the high-yielding varieties of rice seeds in all crop seasons combined grew to 81 percent of the total rice acreage in FY23, up from 73 percent in FY10.<\/p>\n\n\n\n<p>Likewise, area under hybrid rice, which provides higher yields than the high-yielding variety and local seed varieties, soared from 6 percent in FY10 to 10 percent in FY23.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government plans to provide farmers with nearly Tk 108 crore incentive to encourage them to increase cultivation of high-yielding varieties of rice and produce more grains to meet the growing demand for the staple. The incentive will be provided in the form of seeds and non-urea fertiliser to 15 lakh small and marginal farmers, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10546,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[29],"tags":[313,218,159],"class_list":["post-10545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-farmers-place","tag-rice-farmers","tag-rice-farming","tag-global-rice-news"],"acf":{"enable_premium_overlay":false},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tk 108 crore incentive for high-yield rice growers - Rice News Today<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tk 108 crore incentive for high-yield rice growers - Rice News Today\" \/>\n<meta property=\"og:description\" content=\"The government plans to provide farmers with nearly Tk 108 crore incentive to encourage them to increase cultivation of high-yielding varieties of rice and produce more grains to meet the growing demand for the staple. 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