NEWS

$11m For Sugar Development And Farmer Assistance

Government has increased its funding support in the financial year 2016-2017 by providing $11 million to the Sugar Development and Farmer Assistance programme. The allocation caters for cane development grant
23 Jun 2016 13:15
$11m For Sugar Development And Farmer Assistance
A farmer harvests sugarcane.

Government has increased its funding support in the financial year 2016-2017 by providing $11 million to the Sugar Development and Farmer Assistance programme.

The allocation caters for cane development grant and cash-back incentive initiatives.

The Cane Development Grant will assist farmers with large sections of uncultivated land and new growers that require start-up capital.

A total of 4250 hectares are projected to be planned with new sugarcane under this initiative.

The Cash-back Incentive encourages farmers to plant new cane by providing them a grant of up to $2000 per hectare.

This scheme is expected to result in the cultivation of an additional 6200 hectares of sugarcane.

Government will continue to support improvement of cane access roads to allow for uninterrupted transportation of harvested cane to the mills.

An allocation of $3 million has been provided in the 2016-2017 Budget for this initiative.

Government recognised replenishing soil nutrients is critical for enhancing farms yield.

It believes while organic fertiliser is being preferred by more affluent countries, Fiji does not have the ability or the capacity to develop this in a scale big enough to support the local industry.

To this end, Government has again set aside $9.7 m as subsidy for fertilisers in the 2016-2017 Budget.

Around 31,651 metric tonnes of fertilisers will be sold to sugarcane farmers at the subsidised price of $31.50 which is equivalent to 633,027 bags.

Government has highlighted the Sugarcane Industry Strategic Action Plan 2013 to 2022 will continue to guide Government in reviving and sustaining the industry.

 

Feedback:  rachnal@fijisun.com.fj

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