Thursday , October 21 2021

DPC recommendation to compensate the affected farmer by paying 5 thousand taka


The Policy Dialogue Center (CPD), a non-governmental research organization, recommends giving Tk 5000 to affected farmers without getting the fair price of rice. The organization has estimated that it will cost the government 9 to 100 million taka. The company believes it has the opportunity to provide easy access to 1 crore 80 lakh farmers' banks.

CPD has recommended this to present the economic review of the current fiscal year 2017-19 in the auditorium of the capital CIRDAP. Debapriya Bhattacharya, the well-known member of the company, said that the export sector requires cash assistance at a rate of 5%. If you give, the government will spend more than 15 billion dollars. As a result, the total subsidy in the export sector will be TK20 billion. He said: "I do not see any problem in paying Tk farmers 9 billion. If given, it will be reasonable and communist behavior.

Debapriya Bhattacharya further said, this year, farmers were hampered in rice prices. The right decision was not made at the right time. There is no visible evidence of such economic mismanagement in other sectors. Then farmers can apply for subsidy. He said that due to the lack of price of rice, the city came to surplus city. It's going from outside the city.

Previously, TPF's senior research firm, Toufiqul Islam Khan, presented a review of CPD. The price of rice was discussed separately. Tawfiqul Islam Khan analyzed, during the Boro season, farmers' rice production has increased greatly. On the contrary, prices have declined. He said that, suddenly, wages in the agricultural sector increased. To manage this, the mechanization of agriculture needs to be increased. In addition to increasing productivity, the cost of production will be reduced.

In the CPD review, the overall picture including macroeconomics, exchange rate, import-export, capital market, banking sector and state-owned factories emerged. The organization increased tax revenues, exchange rate management, luxury import control, leaving interest rates in the market rather than the mandate and the overall emphasis on good governance.

Debapriya Bhattacharya said that if beneficiaries of non-governance influence politics, then there will be no change.

CPD research director Khondoker Golam Moazzem and dialogue director Anisatul Fatema Yusuf were also present.

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