Bangladesh: Agriculture sector to get 20 pc subsidy

Country's agriculture sector would enjoy 20 percent subsidy for exporting agriculture products including vegetables, fruits and processed items in order to boost and diversify the exports.

These facilities were mentioned in a recent circular of the Bangladesh Bank as the government decided to continue its support to country's export-led industries during the current fiscal year (2010-2011) by providing subsidies and cash incentives at different rates.

The shipments of some products from July 1 this year to June 30 next year would enjoy subsidies and cash incentives at different rates.

Exports of potato, would enjoy 10 percent cash incentives.

Source: nation.ittefaq.com