ECNEC approves 8 projects with Tk 10,102.03cr
Published: 10:25 PM, 14 July 2020
Prime Minister Sheikh Hasina presided over the ECNEC meeting held at NEC Conference Room in the capital’s Sher-e-Bangla Nagar area through video conferencing from Ganobhaban; Photo: PID
The Executive Committee of the National Economic Council (ECNEC) on Tuesday has approved eight projects with an overall estimated cost of Tk 10,102.03 crore, including agricultural mechanization. Of this, Tk 10,068.90 crore will be spent from the government’s funds and the implementing agency will provide Tk 33.13 crore.
The approval came from the 2nd ECNEC meeting of the current fiscal year (FY21) held with ECNEC Chairperson and Prime Minister Sheikh Hasina in the chair.
The Premier and Planning Minister MA Mannan joined the meeting virtually from Ganobhaban through a videoconference, while other ECNEC members were connected from the NEC Conference Room in the capital’s Sher-e-Bangla Nagar area.
After the meeting, Planning Minister MA Mannan gave a virtual briefing to the journalists.
The Planning Minister said there is no alternative to agricultural mechanization. “If we want to move forward, we have to modernize agriculture.”
The project of agricultural mechanization has been approved as an initiative to increase production by reducing the production cost. Besides, solar power will be provided to the people of remote Chittagong Hill Tracts through solar panels, he also said.
The Planning Minister said the new project titled ‘Agricultural Mechanization through Integrated Management’ approved by ECNEC will cost Tk 3,020 crore. It will be implemented in all the upazilas of the 64 districts of the country by the Department of Agricultural Extension (DAE).
“Through the implementation of the project, it is possible to increase crop production by making agriculture more commercially viable and sustainable,” he said.
He further said that the target is to implement the agricultural mechanization project from this month (July) to June 2025. “If this is implemented, 10-15 percent of crop wastage can be prevented by increasing the supply and use of modern agricultural machinery.
Besides, 50 percent of the time and 20 percent of the money can be saved in farming. By planting an integrated vegetable national crop, the efficiency of agricultural machinery can be increased by 50 percent. It will also be possible to reduce poverty by increasing crop production by increasing women’s participation in post-harvest management through mechanization, Planning Minister MA Mannan added.
The ECNEC also approved another project titled ‘Increasing Production of Oil-Bearing Crops Project’ involving Tk 278.26 crore under the Agriculture Ministry aiming to meet the local demand of edible oil and reduce the import costs in this sector.
The ECNEC meeting also cleared the revision of another DNCC project titled ‘Construction of Drainage and Footpaths’ including the development of different damaged Road Infrastructures of Dhaka North City Corporation (DNCC) (2nd revised) Project with an additional cost of Tk 55.89 crore.
The two projects of the Land Ministry are enhancing the digital survey capacity of Land Record and Survey Department for conducting land surveys through digital system projects with a cost of Tk 1,212.54 crore and Land Management Automation Project with Tk 1197.03 crore.
During the approval of the two land projects, the Prime Minister directed the Land Minister to conduct land records and survey properly in case of the lands of the people from small ethnic groups living in the plain land.
The remaining two projects cleared in the meeting are Power Supply through Installation of Solar Panels in the remote CHT areas (Phase-I) with Tk 217.71 crore and development of Power Distribution System, Rangpur Zone (1st revised) Project with an additional cost of Tk 94.92 crore.
The Planning Minister said the implementation rate of the Annual Development Programme (ADP) was 80 percent in the last fiscal year (2019-2020), which was 94 percent in the 2018-19 fiscal year.
Ministers and state ministers attended the meeting while Planning Commission members and secretaries concerned were present.