December 21, 2016

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Quality of agricultural outputs stunted by one dimensional support system

Experts have suggested to issue more loans to farmers in order to improve quality of crops. Photo: Aye Min Soe
Experts have suggested to issue more loans to farmers in order to improve quality of crops. Photo: Aye Min Soe

MORE credit should be issued to farmers to boost the quality of agricultural crop outputs, according to U Thein Htut, economic advisor to the Ayeyardagun group of companies involved in the rice and crops export trade.
“The quality [of agricultural crops] for foreign export must improve. But in order to really achieve better quality crops, farmers need to be issued with more loans. Rather than just issuing a K100,000 loan per acre of farmland, more financial support should be given with seedlings, cultivation methods and technology. Only by investing heavily in planting will it allow for quality crops to be harvested.” explained U Thein Htut.
Despite the increase this year by K50,000 in the amount of credit that can be borrowed per acre for paddy cultivation, there has been no rise in credit limits for other agricultural crops, according to the Department of Agricultural, Livestock and Irrigation. “I support the issuing of credit to farmers. Generous loans would allow us to grow and sell crops of a better quality,” said U Than Htun, a farmer from Ayeyarwady Region.
The new government expects to increase export trade three-fold by exporting agricultural crops to foreign countries, in which it will utilize assistance of foreign technology to bettering the quality of locally produced crops in order to make this a reality.—Myitmakha News Agency

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