Low-cost loans should be available for farmers so that they can buy modern machinery to accelerate agriculture mechanisation, thus boosting output, said a former governor of the central bank.
Atiur Rahman said agriculture mechanisation can eradicate poverty, ensure food sufficiency and help increase export income.
He spoke while delivering the keynote speech at a seminar titled “Agri mechanisation: the role of private sector and access to finance” organised by Metal Group at the Krishibid Institution Bangladesh in the capital yesterday, according to a statement.
Production of food grains has increased almost four times than it was in 1972. More than 38 million tonnes of food grains are produced every year.
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