With the country staring down the barrel of rising food inflation and shortages, the Government plans to encourage local farmers to plant 5,000 acres of rice to obtain food security.
This project which could cost the Government approximately $20 million can provide the country with one-third of the rice the country consumes annually.
The move comes weeks after Prime Minister Dr Keith Rowley, Agriculture Minister Kazim Hosein and Minister in the Ministry of Agriculture Avinash Singh attended a regional meeting on agriculture and an agri-investment forum and expo in Guyana.
The visit was aimed at reducing the region's food import bill and boosting food production in T&T.
T&T is not self-sufficient in rice as we import annually from Guyana and South America 34,000 tonnes of the staple costing $121 million.
Up to 1995, over 6,000 farmers cultivated at least 30 per cent of the country's rice supply (21,000 tonnes) with a surplus to export.
However, 2018 figures showed that only 585 tonnes of rice were produced locally by less than a dozen farmers.
The farmers who were forced to cease operations because of the Government's neglect of the industry have already drafted a list of suggestions and recommendations to improve the sector.
Some suggestions pitched are–the ministry should write off all ADB loans farmers are unable to pay, provide high-quality seeds, grants of $100,000, free chemicals for one year, agricultural access roads, agronomists, research officers and proper infrastructure.
One farmer estimated the outstanding loans at $5 million.
"This is the only way farmers will get the confidence to return to their fields. If these measures are put in place and the ministry works side-by-side with us within one year, we can come back on track. We can grow one-third of the rice we import. At least this will be a start towards food security and self-sufficiency," one Plum Mitan farmer said.
The farmer said the Government "may need to inject $20 million into the dying industry" to get the ball rolling.
"That is the figure we are looking at as a start."
As concerns arise over rising food inflation and food shortages due to the global pandemic and the ongoing conflict between Ukraine/Russia, the Government is now placing greater emphasis on promoting self-sufficiency in the staple.
The news come eight years after the then ministry of food production drafted a ten-year plan estimated to cost taxpayers $477 million to breathe new life into the struggling rice industry that was never actioned.
The 81-page “T&T Rice Industry Development Plan 2014-2024,” conceptualised by technocrats in the ministry, focused on addressing food sovereignty, diversifying the economy, and reducing the country’s $5 billion food import bill.
However, the recommendations were never implemented, as T&T still has to rely on countries outside for our rice supplies because our production has been ranked the lowest in the region.
The document stated that T&T’s mode of rice production was inefficient and in need of an overhaul for the realisation of rice yields.
Guardian Media understands that Hosein and Singh will soon host a meeting with rice farmers to discuss revamping the industry.
Having walked out of the industry two years ago after facing receivership, farmer Eniath Hosein said his hopes were recently lifted when he heard of the ministry's plan to revamp the sector.
Hosein said many farmers who gave up rice production have expressed a keen interest to return to the abandoned fields if their loans are forgiven.
Last year, the Agricultural Development Bank (ADB) repossessed a combined harvester and a vehicle after Hosein could not repay his $1.3 million loan due to late payments by the National Flour Mills for his paddy.
So far, the bank has not been able to get a buyer for the harvester valued at $850,000.
Hosein said he was forced to leave the industry.