Plans to expand monsoon paddy cultivation, support farmers

In the 2024-2025 financial year, a goal is set to cultivate over 15 million acres of monsoon paddy. Additionally, agricultural loans are issued, and technologies are imparted to farmers at present, as stated by Daw Pyone Pyone Mon, Deputy Director of the Agriculture Department (Paddy Crop Unit).
Currently, there are plans to cultivate 2.67 million acres of summer paddy nationwide, with more than 2.5 million acres already planted by 15 April. The State Economic Promotion Fund will disburse agricultural loans for summer paddy farmers.
Daw Pyone Pyone Mon explained, “We aim to cultivate over 15 million acres of monsoon paddy nationwide, with farmers receiving disbursements from the State Economic Promotion Fund (SEPF) and banks according to their plans. Banks will provide loans of K100,000 per acre, while the SEPF will offer K200,000 per acre. Additionally, online courses are available for disseminating technologies to paddy farmers”.
Training on Good Agricultural Practices (GAP), cultivation methods for increasing yields, and research and technical training for improving target yield will be provided in May, July, and September, respectively. — ASH/TRKM

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