Supporting the agricultural sector to help water, soil preservation: ICCIMA manager

TEHRAN – The head of the Chamber of Commerce, Industry, Mines and Agriculture of Iran (ICCIMA) has said that supporting the agricultural sector will lead to the preservation of the country’s water and soil resources, said the ICCIMA portal reported on Saturday.

Referring to the many challenges the country faces in water and soil resources, Gholam-Hossein Shafeie said, “Providing banking facilities to support the agricultural sector will be effective in controlling such crises; thus, the share of this sector in the country’s banking facilities should be improved.

“The agricultural sector needs support more than ever. The food security of society depends on this sector, and more attention should be paid in this regard,” he added.

The official noted that currently the Currency and Credit Council of the Central Bank of Iran (CBI) has proposed to allocate 15% of the country’s banking facilities to the agricultural sector, which is not enough and the proposal should be amended taking into account the needs of this area. .

Expressing regret over the share allocated to the agricultural sector, Shafeie said, “There is no bigger and more complex issue than water for the future of the country, and determining a 15% share of facilities banking for the agricultural sector is disastrous.

“The capacities of this sector must be sufficiently developed to minimize the waste of water resources in the agricultural sector and move this sector towards efficiency and optimization,” he added.

In recent years, the Iranian Ministry of Agriculture has allocated a separate line of credit for the mechanization of the agricultural sector each year.

Last April, the head of Iran’s Agricultural Mechanization Development Center said some 50 trillion rials (over $178.1 million) would be allocated to mechanize the country’s agricultural sectors during the current Iranian calendar year 1401 (started March 21).

According to Kambiz Abbasi, if the mentioned funding is provided, the Agricultural Mechanization Development Center will be able to increase the total number of facilities provided to farmers for the purchase of agricultural machinery by 25 percent.

EF/MA

Lana T. Arthur