‘40pc to 50pc edible oil demand to be met locally in three years’

Agriculture minister says


FE Team | Published: December 31, 2022 21:27:45 | Updated: January 04, 2023 10:18:06


‘40pc to 50pc edible oil demand to be met locally in three years’

Agriculture Minister Dr Md Abdur Razzaque on Saturday said the government has initiated a plan to increase production of edible oil so that the country can meet 40 per cent to 50 per cent demand for the essential commodity locally in the next three years.

“We have taken an initiative to produce 40 to 50 percent of the demand for edible oil in the country by the next three years,” the minister said after inaugurating a workshop on annual research assessment at the auditorium of Bangladesh Rice Research Institute in Gazipur, according to UNB.

He said, “The mustard farmers are getting benefited financially by cultivating such hybrid varieties of mustard redesigned by the country’s agriculturalists.”

The agricultural ministry has taken a massive initiative to boost up the mustard production as the produced crops can’t impact on the market, Razzaque, also the presidium member of the ruling Awami League, said.

Underscoring the need for research to produce paddy, he said the amount of agricultural land has decreased in relation to the population.

There is no alternative to producing more paddies to cope with the increasing demand of rice, he said, adding that the redesigned varieties of paddies will be extended rapidly.

He said several varieties of vegetables like pumpkin were planted on yards earlier but not being planted on lands resulting in decreasing the number of agricultural lands.

An unbiased research is needed to find out the reason behind the price hike of rice despite bumper production of paddy, he observed.

With research institute Directorate General Dr Md Shahjahan Kabir in the chair, State Minister for Planning Dr Shamsul Alam, Agriculture Secretary Wahida Akter and Department of Agricultural Extension Director General Md Benazir Alam among others were present at the programme.

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