The government is allocating Tk12,699 crore in agriculture sector in the national budget for fiscal 2015-16.
The allocation for this sector was Tk12,390 crore in 2014-15 fiscal year.
In his budget speech, Finance Minister AMA Muhith proposed the duty exemption and protection facility on agricultural inputs, fertilizer, seeds, essential commodities to continue in the coming fiscal year.
The government will continue with its existing policy strategies such as provision of support for agriculture inputs, rehabilitation assistance for farmers, provision of training, diversification of crops, facilitation of marketing for agro-products, encouragement for production and use of organic fertilizers and supply of seeds.
Finance Minister AMA Muhith is placing annual budget proposal around Tk2.95tn (Tk295,100 crore) for 2015-16 fiscal year.