Agric insurance scheme for farmers in offing – Minister-designate

4 days ago 56
ARTICLE AD

The Minis­ter of Food and Agricul­ture-designate, Eric Opoku, has hinted the governments to establish an agriculture insurance scheme for farmers in the country.

He said under the subsidised insurance programme, the farmers would be supported to insure their farms against any eventuality and could also use the insurance to seek financial assistance from the banks.

“Once you have the in­surance, the banks would be ready to advance loans to them knowing very well that whatev­er amount they request would be granted so long as it falls within the limits of the insur­ance it can be paid,” he stated.

Mr Opoku indicated that in effort to move the country to­wards food sufficiency, the feed Ghana programme would be rolled out to encourage back­yard farming while the feed industry agriculture provides the raw materials for industry to add value and generate jobs, as well as increase productivity in order to address problems confronting agriculture in the country.

A similar programme to that of the ‘operation feed yourself ’ would be launched, and house­holds would be encouraged take advantage of the rich soil to produce the basic vegetables needed at homes, “we are also going to encourage institution­al farming, every secondary school in this country.

“We want to introduce some­thing new to reduce food losses in this country, by encouraging the private sector to put in place processing plants close to the farms so that as soon the produce are ready they just buy and process them for the market,” he added.

He further mentioned that in efforts to address difficulties in assessing land for agricultural purposes and make it attrac­tive to the youth, the govern­ment would acquire the land, prepare it before handing it over to prospective investors for increase production.

The Minister-designate also noted that Ghanaians being hardworking would easily create huge markets for final cultural products to give confidence to farmers that when they pro­duce, there would be market available for their produce, adding that “ that is why in our manifesto we have emphasised on Agri business as the mar­riage between agriculture and industry to drive the 24-hour economy policy.”

 BY LAWRENCE VOMA­FA-AKPALU

Read Entire Article