Thursday, January 2, 2014

Gov’t to boost agribusiness in ’14

Thursday, 02 January 2014 00:10 
THE NEWS


MEXICO CITY – The federal government said Wednesday it is hoping to pass a major agricultural reform that will “modify diverse normative and investment factors” in order to generate employment and increase productivity in the rural sector.

The reform, which was unveiled by President Enrique Peña Nieto last November, will reportedly look to move from subsidies to “productivity incentives” and implement “differentiated public policies” which will better support self-consumption farmers as well as commercial producers.

Several strategies to raise production have been proposed, such as increasing access to Mexican fertilizers, facilitating the use of enhanced seeds and ensuring healthiness of food. In addition to these, the government is also looking to increase irrigation, offer more rural credit and financial services, synchronize the supply and demand of agricultural products and update the agricultural legal structure in order to “invigorate the agricultural sector.”

In addition to the reform, several farmer organizations are hoping to sign a New Rural Pact, which will bring authorities, producers, companies and other members of the agroindustrial chain together.

National Confederation of Campesinos (CNC) President Gerardo Sánchez García said that 2014 will be a year of profound rural reform, with the objectives of re-attaining food sovereignty, fighting rural poverty, reducing migration and generating employment.



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