The government will provide an incentive of Tk90 crore to boost the cultivation and production of hybrid varieties of Boro paddy across the country.
A notification was issued in this regard on Thursday, said a press release.
The disbursement of incentives will start soon at the field level, it added.
A total of 14.40 lakh small and marginal farmers will get 2 kg of hybrid Boro seeds required for cultivation in one bigha of land under the program.
As a result, the cultivation of high-yielding varieties of Boro paddy will increase by 192,000 hectares, and 950,000 tons of additional rice will be produced at a yield of 4.95 tons per hectare.
In FY 2022-23, free hybrid seeds were distributed to 150,000 farmers, which increased hybrid paddy cultivation on 2 lakh hectares land, raising the production by 9.83 lakh tons.