MT News
With the aim of developing the cultivation of Myanmar green gram, the government will implement the contract-farming system using Ks-60 billion as of this winter season, according to the assorted beans traders.
To forming the cooperative societies, the government will disburse the agricultural loans and seeds to farmers by conducting with related green gram import companies.
“We will use Ks-60 billion for five acres of green gram and introduce the contract-farming system but it is not a systematic contract-farming. We, private companies, are mediators who handed over the government-funded loans to farmers,” Dr. Myo Lwin, chairman of Wholesale Centre, told the MT news agency.
The government set up a separate fund Ks-400 billion for the economic development of the nation in August and arranged to spend Ks-170 billion for the cultivation of summer paddy and green gram with contract-farming system in the winter season of 2022.
In implementing the contract-farming system, the farmers can save the expenditure on farming tasks and use fertilizers, pesticides and quality seeds of crops, U Aye Tun, joint secretary of UMFCCI, told the MT news agency.
