- By Myint Swe (Kyay/ Myay)
The government has laid down many economic and social objectives in its efforts to establish a developed country based on agriculture. Among them, one of the major economic objectives is to boost the all-round development of the economy based on agriculture sectors.
Myanmar’s agricultural performance offers opportunities for successful agricultural development in the country where rapid gains can be made by better inputs, better seeds and improvement of logistical and marketing arrangements. Therefore it is paramount that improvement of agriculture is urgently needed to capitalise this emerging demand.
High yields of productivity
Smallholder paddy production dominates the agricultural economy of the country, in terms of both land area and production value. Paddy production has increased considerably since the introduction of new varieties and the growth of dry season paddy. However, overall rice productivity is still high and has considerable room for improvement through combination of better seeds and better agronomic factors. Other exports are tobacco, sugar, groundnut, sunflower, maize, jute, wheat, pulses and beans.
Moreover Myanmar is among the largest global exporters of pulses and the range of exported beans includes mung bean (green gram), black gram pigeon pea, soybean, cow peas, butter beans and kidney beans.
The fishery and livestock sectors are considered the most important and plans are underway to meet the protein needs of the population, enhance food security and provide employment for rural areas.
The livestock and fisheries sectors account for more than seven percent of the national GDP. The Ministry of Livestock, Fisheries and Rural Development aims to develop rural areas, to improve the socioeconomic situation for rural areas and to close the development gap between urban and rural areas.
Boosting of agricultural produces
Modernisation and expansion of agriculture require large capital requirement and modern technology. It is is necessary to provide incentives, relax regulations to attract the investment.
It is of vital importance to raise the quality of life and standard of living of the farmers in order to increase GDP of the country, the agricultural sector plays an important role for the boosting of agricultural produces both quantities and qualities.
In order to formulate the sound economic development of the country, small productive industries can increase per capita income of the country. Moreover the private sector is essentially needed to be done while building up the economic enterprises. It is essential to constantly monitor conditions of small businesses from the public economic sector and simultaneously to encourage them. It is because a nation’s economic development is directly proportional to the development of SMEs.
The path of economic development
There are still many challenges on the path of economic development in the country, but some positive signs such as a gradual ease of doing business in Myanmar and consequently the attention given to the private sector which can be able to improve the economic and private sector development is the main driving force behind the national economic growth.
In bringing about the stable economic development of a country, sustainable provision of supports for the development of small businesses from the private sector is essentially needed to be done while building up the economic enterprises. In economy, small productive industries are the most fundamental ones, increasing per capita income.
There are various kinds of spheres for economic in Myanmar and it is essential to constantly monitor conditions of small businesses from the public economic sector and simultaneously to encourage them. It is because a nation’s economic development is directly proportional to the development of SMEs.
The requirement for the betterment of economy is for export products to become strong and imported goods to be reduced. The country is still relying upon imports of commodities of small value, not to mention heavy commodities. As it is, products of SMEs are finding it difficult to penetrate promising markets.
Myanmar’s agriculture is heavily dependent upon the monsoon rains and rice production has increased due to supportive policies of the government as well as favorable market forces.
As for the ministry of Agriculture, Livestock and Irrigation, efforts are being made to increase the productivity, market access and competitiveness of the agricultural sector by improving the provision of quality inputs to farmers.
In order to assure quality seeds, fertilizer and farming machinery play a key role to drive the economic growth of the country. Moreover efficient regulations and markets can strengthen quality standards of agricultural products.
Key Export Commodities
The ministry will help to raise quality standards for key export commodities, such as rice, and local food processing, while helping farmers to develop skills related to the use of agricultural inputs and improved quality standards.
Educative talks should be held for them in order to reduce excessive use of chemical fertilizers and to discuss good agricultural practices and the importance of improving and reducing the use of chemicals on their farms.
The ministry will help create potential markets for agricultural products through exports and to increase the production of good-quality crop protection products and improve access to agri-lending products for farmers.
Imports from foreign countries are attributed to their quality, reasonable prices and availability of adequate amount as much as what the people demand. In any economic, political or administrative system, only a solid foundation can support the emergence of strong infrastructures.
There are still many challenges in various sectors on the path of economic development in the country and some positive signs such as a gradual ease of doing business in Myanmar and consequently the attention given to the private sector, which can boost economic development. Even though Myanmar has numerous challenges, private sector development is the main driving force behind national economic growth.
Translated by Win Ko Ko Aung