Home / Knowledge / News / World Bank supports Bangladesh's agriculture sector
World Bank supports Bangladesh's agriculture sector
08
Feb '08
The World Bank approved an IDA credit of US$62.60 million to assist the Government of Bangladesh improve agricultural productivity and farm income by revitalizing the national agricultural technology system.

The National Agricultural Technology Project is designed to enhance the effectiveness of the national agricultural technology system. It will finance activities related to agricultural research, agricultural extension, and supply chain, including strengthening of national institutions involved in agricultural research and extension.

Accounting for about 22 percent of GDP, agriculture is vital to Bangladesh. Another 33 percent of GDP is contributed by the rural non-farm economy, which is largely linked to agriculture. Over the last three decades, there has been a significant increase in the production of rice to achieve near self-sufficiency in food grains.

However, this is threatened by increasing population, declining land base, and stagnating yields. Diversification into higher value crops is slow with poor post harvest management and limited processing capacity.

"Growth of the agriculture and the rural non-farm sectors is critical to reduci ng poverty In Bangladesh," said Xian Zhu, World Bank Country Director for Bangladesh. "Improved agricultural research and technology will be critical to achieve this growth and accelerate for the process of diversification into higher value crops and post-harvest processing."

The project will also support a decentralized demand-led agricultural extension program with greater accountability and responsiveness to farmers, with a focus on small and marginal farmers.


Must ReadView All

Apparel/Garments | On 23rd Sep 2017

AAFA urges negotiators to preserve TPLs in NAFTA

The American Apparel & Footwear Association (AAFA), an alliance of...

Textiles | On 23rd Sep 2017

SIMA urges Centre to re-look duty drawback rates

he Southern India Mills’ Association (SIMA) has appealed to the...

Textiles | On 23rd Sep 2017

PKR 690.65-mn budget for Pakistan Cotton Committee

The Pakistan Central Cotton Committee (PCCC) recently approved a PKR...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search