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Agricultural sector contributes to 30 pc of GDP

The socio-economic status of most farmers remains low even though the agricultural sector accounts for about 30 per cent of the GDP, President U Htin Kyaw said in his message to the ceremony to mark the Peasants’ Day which falls on March 2.

Around 70 per cent of the country’s total population is living in the rural area. The major business is farming. Due to climate changes, natural disasters, other disasters and deforestation, the country is facing a decline in soil quality, the message says.

As a result, farmers have to give up their land and become homeless and landless as the majority of farmers enjoy low incomes. In order to ensure food sufficiency, nourishment and food safety and improve farmers’ rights and incomes, the government has set an 11-point objective for the massive inflows of local and foreign investments. The government is taking systematic measures to encourage the emergence of the international standard wholesale market in which farm produce will be sold under a competitive bidding system.

All citizens including farmers need to make collective efforts to overcome challenges and any difficulties for the long-term national interest.

On December 5, 2017, the Central Committee for Re-scrutinizing Confiscated Farmlands and Other Lands led by Vice President U Henry Van Thio announced that it solved more than 2,500 out of 12,000 cases and was still scrutinizing more than 9,900 cases. There remain more than 38,000 acres of arable land to be handed over to owners, more than 88,000 acres of state-owned land and more than 13,000 acres of land to be handed over to ministries.

Source : Eleven Myanmar

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