Posted 11/23/2023, 10:50:00 PM
Government Announces New Initiatives to Support Farmers and Address Debt
- Plans to address debt from both formal loans and loan sharks to be announced on Nov 28 and Dec 12 respectively
- Policy to triple farmer income in 4 years focusing on water management, new markets, and suppressing imports to be announced mid-Feb 2024
- Seeking to improve rice and rubber yields per rai through R&D and fertilizer
- Looking to amend GMO regulations to allow domestic soybean production
- Mid-Feb 2024 workshop planned to leverage technology to minimize intermediaries in agricultural production and distribution