Highlighting a menu of measures to achieve food sustainability, Finance Minister Dr Ashni Singh said the Irfaan Ali-led administration is focussed on making the necessary investment to propel the sector.
“We are committed to: increasing production and productivity through expansion in acreages and use of technology; diversifying into new crops and varieties; promoting high-value and value-added, including through agro-processing; and easing the access for farmers and consumers to markets,” Singh said as he addressed the National Assembly during his budget presentation on Monday.
Apart from sugar receiving a substantial subvention, government will be investing $349.6 million in the establishment of shrimp farms across the country.