After independence, the agriculture sector was Bangladesh’s main economic driving force. Its contribution to GDP was around 60 percent. Agriculture in Bangladesh is vital for people’s livelihood, employment, and contributing to GDP; we all know that. Its contribution has reduced over the last decade, going from 17 percent in 2010 to 12.6 percent in 2020. The sector is at the centre of our economy, decreasing poverty and ensuring food security. However, with the ever-growing population, going from 147.6 million in 2010 to 164.7 million in 2020, added by the blow of the pandemic and climate change, the sector has continued to be resilient in terms of profitability and productivity.
I still remember international organisations referring to food riots in Bangladesh back in 2007-2008, but we have beaten their assumptions and proved them absolutely wrong; the same way, during Covid-19, agriculture as an individual sector has contributed and supported the people and state of Bangladesh relentlessly. Bangladesh is one of the most densely populated countries globally, with a density of 1,239.7 people living per square kilometre (2018)—its land is decreasing as population grows rapidly. The characteristic of a modern economy is to grow through the industrial and service sectors. This has been observed gradually in the farming sector as well. The economy has also been integrated with the global economy. We have been on the road to a self-reliant growth effort that has become a great example in the world.
The GDP contribution came down for mainstream farming, while the service and industry sector’s contribution increased as people started migrating to the cities from the villages. The service sector was added to the farming sector. Only the mainstream farming sector was regarded as the main source of economic development. Afterwards came the sub-sectors of farming. On the one hand, we could see the boom in food grain production, especially due to rice varietal developments, and on the other hand fisheries, poultry, livestock and dairy turned into huge economic source. All these sub-sectors started taking shape as commercial farms in the hands of youth and progressive women entrepreneurs, not just amateur ventures. In respect to the mainstream farming sector, the GDP came down, but the significance of farming as a whole, including the sub-sectors, service and industry sectors, have increased manifold. High-value fruit orchards and vegetables also played a significant role in the economic boom. Not only the farms, but the value addition of the agricultural products came in as a booster for the agricultural service sector. Say, for example, PRAN, ACI; these huge agricultural industrial companies played a key role as well. Besides, the small scale agro-processed and agro-dependent industries played a part in the value addition.
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