Increase oilseeds production as an alternative to edible oil import: Minister | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Sunday
June 29, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
SUNDAY, JUNE 29, 2025
Increase oilseeds production as an alternative to edible oil import: Minister

Bangladesh

TBS Report
11 May, 2022, 06:35 pm
Last modified: 11 May, 2022, 10:30 pm

Related News

  • Ex-agri minister Razzaque arrested
  • AL will hand over power if it doesn't win election: Razzaque
  • No innocent BNP leader or activist being arrested: Razzaque
  • Tk10,000cr needed to ensure sustainable production, transformation of agri sector: Agri minister
  • Bangladesh can tackle it if any country tries to foil polls: Razzaque

Increase oilseeds production as an alternative to edible oil import: Minister

Oil and oilseed imports cost the country around Tk10,000 crore every year

TBS Report
11 May, 2022, 06:35 pm
Last modified: 11 May, 2022, 10:30 pm
Increase oilseeds production as an alternative to edible oil import: Minister

Agriculture Minister Md Abdur Razzaque has instructed officials to work towards increasing oilseeds production in a bid to reduce dependency on edible oil imports.

He also asked agricultural officers to focus on research to this end.

The minister gave the instructions on Wednesday during a workshop on the recent achievements and the futuristic plans of the Krishi Gobeshona Foundation at the Bangladesh Agricultural Research Council auditorium.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Speaking as the chief guest at the event, minister Razzaque said, "The import of six products, including oil, pulses and wheat, is costing the country more than $2 billion [per year]. Our country is producing pulses and oilseeds in different char areas including Patuakhali. We need to find out where else these crops can be grown and at the same time increase research in this regard."

He said "90% of edible oil [used in the country] needs to be imported. We have to see if we can produce even half of the import amount.

"It is necessary to determine where the production of mustard can be increased. An extension system needs to be developed so that production increases rapidly."

Emphasising research on increasing agricultural products, he said, "Several universities are doing research using government funds. We need to assess the quality of the research, which journals are the researches being published to and the quality of those journals."

Also speaking on the occasion, BARC chairman Sheikh Mohammad Bakhtiar said, "We will have record exports this year. We met our export target two months ago. We have seen 26% growth in the export of agricultural products this month. But on the other hand, for various reasons, we will have to spend extra on imports."

"Oil and oilseed imports cost the country around Tk10,000 crore every year. That is why we are working to increase the production of oilseeds in the country to reduce oil imports," he said.

Top News

Oilseeds / Agriculture Minister Abdur Razzaque

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Return to work or face stern action, govt warns protesters as NBR jobs declared 'essential services'
    Return to work or face stern action, govt warns protesters as NBR jobs declared 'essential services'
  • Representational image/Reuters
    Remittance inflow hits record $30b in FY25
  • ACC officials hold a press briefing in Dhaka on 29 June 2025. Photo: TBS
    ACC launches inquiry against 6 NBR officials over corruption, nepotism allegations

MOST VIEWED

  • Biman Bangladesh bans WhatsApp for official use
    Biman Bangladesh bans WhatsApp for official use
  • How ONE Bank hides Tk995cr loss through provision deferral
    How ONE Bank hides Tk995cr loss through provision deferral
  • File photo of containers at Chattogram port/TBS
    Complete NBR shutdown halts customs operations, Chattogram Port paralysed
  • Infograph: TBS
    How banks made record profits in a depressed year
  • A battery-operated three-wheeled e-rickshaw on display at the inauguration ceremony of a driver training programme at the Dhaka North City Corporation auditorium on 28 June 2025. Photo: TBS
    E-rickshaws to be introduced in Uttara, Dhanmondi, Paltan areas in August
  • File photo of Umama Fatema/Collected
    'All of us were only deceived': Umama Fatema steps down from Students Against Discrimination

Related News

  • Ex-agri minister Razzaque arrested
  • AL will hand over power if it doesn't win election: Razzaque
  • No innocent BNP leader or activist being arrested: Razzaque
  • Tk10,000cr needed to ensure sustainable production, transformation of agri sector: Agri minister
  • Bangladesh can tackle it if any country tries to foil polls: Razzaque

Features

Photo: Collected

Innovative storage accessories you’ll love

3h | Brands
Two competitors in this segment — one a flashy newcomer, the other a hybrid veteran — are going head-to-head: the GAC GS3 Emzoom and the Toyota CH-R. PHOTOS: Nafirul Haq (GAC Emzoom) and Akif Hamid (Toyota CH-R)

GAC Emzoom vs Toyota CH-R: The battle of tech vs trust

3h | Wheels
How a young man's commitment to nature in Tetulia won him a national award

How a young man's commitment to nature in Tetulia won him a national award

21h | Panorama
From blossoms to bounty: The mango season that revives Rajshahi

From blossoms to bounty: The mango season that revives Rajshahi

21h | Panorama

More Videos from TBS

Main suspect among 5 arrested over rape incident in Muradnagar

Main suspect among 5 arrested over rape incident in Muradnagar

27m | TBS Stories
What decisions were taken at the Advisory Council meeting?

What decisions were taken at the Advisory Council meeting?

57m | TBS Today
Why a well-intended NBR reform turned into a stand-off

Why a well-intended NBR reform turned into a stand-off

1h | TBS Insight
NBR activities declared 'essential service'

NBR activities declared 'essential service'

1h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net