Bangladesh News

Wednesday
Dec 13th
Home arrow News arrow Business News arrow Cyclone, floods cause 3.7 bln USD loss of rice in Bangladesh
Cyclone, floods cause 3.7 bln USD loss of rice in Bangladesh PDF Print E-mail
Tuesday, 11 December 2007

The loss in rice production caused by floods and the devastating cyclone Sidr this year in Bangladesh was estimated at 260 billion taka (about 3.7 billion U.S. dollars),local newspaper The Independent reported Tuesday.
This was disclosed here Monday at a press briefing on a joint survey report titled "Post-Sidr Agriculture Rehabilitation" conducted by the Center for Policy Dialogue (CPD), a local think-tank.
The loss of rice is estimated at 1.1 million tons and as per the market price its value is roughly at 260 billion taka, the report said.
Mahbub Hossain, senior Research Fellow of the CPD, was quoted as saying a comprehensive agriculture rehabilitation program was essential to make up the loss in the agri-production.
He noted that by taking proper steps, challenges of the food security which emerged due to the cyclone Sidr could be addressed.
"An agriculture rehabilitation program needs to be initiated immediately to generate employment and increase food production, to minimize the effect on rising food prices and household level food insecurity," he said.
The report recommended that to make an agricultural rehabilitation program successful in the area, a package program should be planned, rather than only supply of seeds and fertilizers.
"The package should include supply of seed, tillage equipment, low lift pump for irrigation, supply of fertilizer, and agricultural loans for purchased inputs," said the report.
"Irrigation facilities are almost absent, and there is inadequate supply of tilling equipment. Timely tillage has become a critical constraint in view of huge loss of livestock," it said.
Two rounds of floods hit Bangladesh from late July to September, inundating more than 46 out of the country's 64 districts and killing over 1000 people. The deadly cyclone Sidr battered the country's southern and southwestern coastal areas on Nov. 15 night, killing over 3,000 people.
Comments Add New
Write comment
Name:
Email:
  We don't publish your mail. See privacy policy.
Title:
Please input the anti-spam code that you can read in the image.
 
< Prev   Next >