Economic Reporter :
The government has proposed for 10 years tax exempt facilities to agro-based industries and entrepreneurs in the annual budget of this year, said the finance minister AHM Mustafa Kamal.
Mentioning, it is irrefutable that Bangladesh holds unlimited prospect in agro-based industries, he also said that he proposed such things for the flourishing of agro-based industries and generation of employment are possible through the production of import substitute agricultural products in Bangladesh.
The finance minister on Thursday presented a budget proposal of Tk 6,03,681 for the fiscal year 2021-2022 in parliament.
He said that moreover, at this time of free trade, it is possible to take a substantial share of the global export market through value addition and diversification of agricultural products.
The agriculture entrepreneurs engaged in processing locally grown fruits and vegetables, producing milk and dairy products, producing baby food entirely from locally grown agricultural products, and manufacturing of agricultural machineries, he added.
