The government will procure a total of 0.95 million metric tonnes of food grains from farmers across the country in the current fiscal year, according to a decision on Sunday.
Under the programme, 0.3 million metric tonnes of paddy, 0.5 million metric tonnes of boiled rice, and 0.15 million metric tons of wheat will be procured.
The decision was taken at an online meeting of the Food Planning and Monitoring Unit (FPMU) chaired by Food Minister Sadhan Chandra Majumder on Sunday, reports UNB.
The government has fixed the paddy procurement price at Tk 27 per kg, boiled rice at Tk 40 per kg, and wheat at Tk 28 per kg, said Sadhan Chandra.
The paddy procurement drive will begin on November 7 while the wheat procurement drive on April 1 in 2022, he said.
In order to ensure fair prices to the farmers and increase food stock, the government procures paddy and rice every year during the Boro season but only rice is collected during the Aman season.
Last year, the government had procured 0.2 million metric tonnes of paddy at a price of Taka 26 per kg, 0.6 million tonnes boiled rice at Tk 37 per kg, and 50,000 tonnes Atap rice at Tk 36 per kg.
Agriculture Minister Dr. M Abdur Razzaque, Finance Minister AHM Mustafa Kamal, Commerce Minister Tipu Munshi, Fisheries and Livestock Minister SM Rezaul Karim, State Minister for Disaster Management and Relief Enamur Rahman joined the meeting.
Abdur Razzak said food security was being ensured in the country despite decreasing agricultural land and increasing non-human consumption.
The cultivation of salinity tolerant paddy has already started in the southern part of the country. He also mentioned that efforts are also being made to make paddy production sustainable.
Tipu Munshi mentioned that Bangladesh exports a number of products including food products. The export potential will increase further if quality products are produced.