Do More With Reuters
Partner Services

Bangladesh eyes higher rice yield if no floods

Sat Jun 21, 2008 5:30pm IST
 
Email | Print | | Single Page
[-] Text [+]

DHAKA, June 21 (Reuters) - Bangladesh said on Saturday if floods did not recur it would be able to produce surplus rice in the current season that started with the advent of monsoon last week.

"We have arranged supplementary measures to supply fertiliser and irrigation to the farms. But flooding may be a big challenge," C.S. Karim, agriculture adviser (minister) to the interim government told reporters.

The food ministry officials said Bangladesh fixed a target to produce more than 33 million tonnes of rice in the next financial year 2008-09 (July-June).

The Flood Forecasting and Warning Centre said although there was no immediate threat of floods, the situation might worsen if heavy downpours continue in the country and the ongoing floods prolonged in neighbouring India.

The calamity-prone South Asian country lost around 3 million tonnes of main staple rice due to twin floods and Cyclone Sidr last year.

The floods between July to September and the Cyclone Sidr that hit the country's coastal areas in November, together killed some 4,500 people, displaced millions and damaged infrastructure worth billions of dollars.

Despite natural disasters, rice production was likely to reach 30 million tonnes in the current financial year to June against a target of 33 million tonnes.

Farmers harvested some 19.5 million tonnes of boro, a principal rice variety, by mid-june, up from 15 million tonnes last year. It compares with an average annual total rice production of over 29 million tonnes, including aus and aman.

The country needs 24 million tonnes of rice annually to feed its population of roughly 150 million.  Continued...

special coverage

Budget 2009
Budget 2009

The government presents the budget for the full fiscal year 2009/10 on July 6.  Full Coverage 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SHOWCASE

Photo
Is the budget over-rated for personal finance?

Expectations are high given the outcome in the general elections.  Commentary 

 
Nilekani: Infosys' loss or govt’s gain?
Nilekani: Infosys' loss or govt’s gain?

Nandan Nilekani has resigned from the Infosys board to join the government.  Commentary | Slideshow 

 
Launched

Tata Motors announced the launch of Jaguar and Land Rover vehicles in India.  Slideshow | Video 

 
Satyam
The new Satyam

Stay updated with the developments at Satyam.  Full Coverage 

 
M&A Review
M&A Review

A review of mergers and acquisitions.  Full Coverage 

 
Financial Turmoil Timeline
Financial Turmoil Timeline

A round-up of measures taken by the U.S Federal Reserve since June 2007 to tackle the financial crisis.  Full Coverage