PM reiterates call to boost food production

PM reiterates call to boost food production, Today, Prime Minister Sheikh Hasina urged her people to increase food production in order to meet any future food shortages brought on by lingering international issues. While presiding over the usual cabinet meeting conducted at this location’s Prime Minister’s Office, Sheikh Hasina placed the call.

PM reiterates call to boost food production

 

PM reiterates call to boost food production

 

In light of the likelihood that 2023 will be a “crisis year” due to three international factors, including the post-Covid and Russia-Ukraine war, the Premier and the Cabinet issued a number of observations and instructions on other issues besides food production at the meeting. The Prime Minister and the Cabinet have urged everyone to be ready in order to deal with this situation. Reporters were briefed by Cabinet Secretary Khandker Anwarul Islam on the meeting’s outcomes at the Bangladesh Secretariat.

He said that these matters were discussed during the presentation of the annual report on the activities of the ministries and divisions for the fiscal 2021-2022 in the meeting. Based on the report of The Financial Times, the cabinet secretary highlighted the apprehension that next year will be a crisis year.

 

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While talking about the instructions and observations, the cabinet secretary said, first of all, the production of food has to be increased at all times, because no matter how much food imports are talked about, the problem will remain there. Although the ban on food grain exports from Russia and Ukraine has been lifted, but as foreign exchange is in crisis, the countries which work on debt or have high imports are facing trouble due to the Federal Reserve’s rate hikes, he said.

So, Taka has to be given more while making payment and getting less when receiving money, Anwarul added. He continued that “for this, everyone has to work hard to increase food production and it has potential.” Khandker Anwarul Islam said, secondly, skilled workers should be sent abroad instead of unskilled workers as it will bring opportunity for the labourers to work with high salary.

According to him, this opportunity should be expanded in accordance with the needs of the various countries. Additionally, he added, the appropriate institution’s certificate should be given in the case of a certificate of competence. Thirdly, he claimed that there have been some recommendations made to raise expatriate income.

 

PM reiterates call to boost food production

 

Bangladesh Bank has published or will issue a circular to this effect. remittances won’t be taxed separately moving forward, he added, adding that the bank sending the money will investigate the situation and that in some other circumstances flexibility has been ordered. fourthly, the cabinet secretary stated, there needs to be more foreign investment. To this end, it has been requested to see if the investment conditions can be loosened up. he added that the Bangladesh Investment Development Authority (BIDA)

For example, one does not have to go to the municipality or city corporation for the license. Apart from this, the cabinet has also given instructions to keep the food stock in good condition at all times. In this regard, the cabinet secretary said that the current food stock situation is in a very good condition. He said the private sector has been allowed to import large quantities of food and the amount is about 15 lakh metric tons.

He added that the National Board of Revenue (NBR) has been instructed to be flexible regarding some source taxes on food imports and that NBR will immediately discuss and put into effect any acceptable provisions. The cabinet secretary also mentioned that all uncultivated lands are to be cultivated, according to instructions.

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