is primarily an agrarian economy. Agriculture is the
single largest producing sector of economy since it
comprises about 30% of the country's GDP and employing
around 60% of the total labour force. The performance
of this sector has an overwhelming impact on major
macroeconomic objectives like employment generation,
poverty alleviation, human resources development and
Meeting the nation's food requirements remain the
key-objective of the government and in recent years
there has been substantial increase in grain production.
However, due to calamities like flood, loss of food
and cash crops is a recurring phenomenon which disrupts
the continuing progress of the entire economy.
Agricultural holdings in Bangladesh are generally
small. Through Cooperatives the use of modern machinery
is gradually gaining popularity. Rice, Jute, Sugarcane,
Potato, Pulses, Wheat, Tea and Tobacco are the principal
crops. The crop sub-sector dominates the agriculture
sector contributing about 72% of total production.
Fisheries, livestock and forestry sub-sectors are
10.33%, 10.11% and 7.33% respectively.
Bangladesh is the largest producer of World's best Jute, which also known as natural jute or raw jute. Rice being
the staple food, its production is of major importance.
Rice production stood at 20.3 million tons in 1996-97
fiscal year. Crop diversification program, credit,
extension and research, and input distribution policies
pursued by the government are yielding positive results.
The country is now on the threshold of attaining self-sufficiency
in food grain production.