In a major policy shift, the government is planning to purchase Boro harvest directly from the farmers this season to help ensure a fair price for the latter and boost its own stock. On April 01, the cabinet division recommended that the food ministry ... Source: IFPRI Bangladesh Country Office
Boro procurement far from target
Around a month has passed since programmes to procure Boro paddy and rice began, but the government has been able to buy a very insignificant quantity against its target this year, raising concerns that efforts to provide food to the poor amid the Covi... Source: IFPRI Bangladesh Country Office
Buy paddy, not rice
To ensure fair prices for Boro farmers, the government under its procurement programme should only buy paddy from the growers instead of rice from millers, a study suggested. It showed that last year the market price of Boro paddy could have increased ... Source: IFPRI Bangladesh Country Office
Buy paddy from farmers, not rice from millers
Only 1.34% of the farmers got the government-set price against their produce. Through its food procurement efforts, the government intends to serve two purposes: 1) maintain a stock to ensure food security, and 2) provide the crop growers with price su... Source: IFPRI Bangladesh Country Office
Govt’s aman purchase hits a record
The food procurement office, for the first time since 1996, has bought the highest amount of aman paddy and achieved its target of buying six lakh tonnes of the grain grown in the monsoon. It bought 6.27 lakh tonnes of aman paddy since November followi... Source: IFPRI Bangladesh Country Office
