Govt to match grants to farmers as extra incentive

by 5m Editor
20 April 2007, at 8:09am

GUYANA - A matching grant system to boost productivity and investments in the agriculture sector is to be added to the other schemes and incentives given to farmers by government.

According to the Government Information Agency (GINA), President Bharrat Jagdeo disclosed this during a recent interview. The president told GINA that his government has decided to spend more resources on helping farmers across the country through this mechanism.

A great impetus for the conceptualization and implementation of the matching grant scheme is the assistance that could be provided for small-scale farmers who lack capacity and resources to venture into large scale initiatives, GINA stated.

"So if they are making an investment we can assist then. We are not going to assist them with money so if you are a pig rearer we may assist with a good boar stock and similarly with cattle farmers to assist with their breeding programmes," the agency quoted Jagdeo as saying.

The president noted too that assistance for those farmers considering shifting to aquaculture is also being looked at.

Source: Stabroek News

5m Editor