Landscape report on existing financial and logistic services in the agricultural sector in Bangladesh

The economy of Bangladesh is largely defined by the agricultural sector, which is reflected in its yearly GDP contribution of approximately 11% in the past few years (World Bank, 2022). The sector holds po tential for even higher contributions to the economy, provided effective initiatives related t...

Full description

Bibliographic Details
Main Authors: Bakhtiar, M. Mehrab, Uddin, Mohammad Riad, Shamma, Raisa
Format: Informe técnico
Language:Inglés
Published: International Food Policy Research Institute 2022
Subjects:
Online Access:https://hdl.handle.net/10568/128027
_version_ 1855541562967064576
author Bakhtiar, M. Mehrab
Uddin, Mohammad Riad
Shamma, Raisa
author_browse Bakhtiar, M. Mehrab
Shamma, Raisa
Uddin, Mohammad Riad
author_facet Bakhtiar, M. Mehrab
Uddin, Mohammad Riad
Shamma, Raisa
author_sort Bakhtiar, M. Mehrab
collection Repository of Agricultural Research Outputs (CGSpace)
description The economy of Bangladesh is largely defined by the agricultural sector, which is reflected in its yearly GDP contribution of approximately 11% in the past few years (World Bank, 2022). The sector holds po tential for even higher contributions to the economy, provided effective initiatives related to financial inclusion and logistical innovations are implemented. Even during the immense global challenges during to the Covid-19 pandemic, the country’s agricultural sector persisted. Improving on traditional initiatives and practices to address constraints faced by farmers and other agricultural value chain actors will ena ble the sector to expand and benefit new sections of the population, including those most vulnerable such as the poor, women, and youth. Many of the recent innovations in the agricultural sector in Bangladesh have been initiated by ‘AgriTech’ companies/start-ups in the space of financial and logistical services. Financial services are available for both small and large-scale agriculture operations in the country. Besides innovations in fi nancial services, there has been a burgeoning list of logistical services as well. Utilizing this wave of innovations appropriately can help the agricultural sector reach its full potential for success. This report is arranged in the following manner. First section 1 discusses the traditional services in financial and logistic sectors, and then section 2 discusses the existing constraints in both sectors. Sections 3 and 4 go into detail on financial and logistical innovations respectively that aim at addressing the discussed constraints. Both sections 3 and 4 have subsections giving a brief description of organiza tions that are behind these innovations.
format Informe técnico
id CGSpace128027
institution CGIAR Consortium
language Inglés
publishDate 2022
publishDateRange 2022
publishDateSort 2022
publisher International Food Policy Research Institute
publisherStr International Food Policy Research Institute
record_format dspace
spelling CGSpace1280272025-11-06T07:41:40Z Landscape report on existing financial and logistic services in the agricultural sector in Bangladesh Bakhtiar, M. Mehrab Uddin, Mohammad Riad Shamma, Raisa agricultural sector economy finances innovation farmers agricultural value chains agricultural technologies logistics supply chains economic situation agritech finance The economy of Bangladesh is largely defined by the agricultural sector, which is reflected in its yearly GDP contribution of approximately 11% in the past few years (World Bank, 2022). The sector holds po tential for even higher contributions to the economy, provided effective initiatives related to financial inclusion and logistical innovations are implemented. Even during the immense global challenges during to the Covid-19 pandemic, the country’s agricultural sector persisted. Improving on traditional initiatives and practices to address constraints faced by farmers and other agricultural value chain actors will ena ble the sector to expand and benefit new sections of the population, including those most vulnerable such as the poor, women, and youth. Many of the recent innovations in the agricultural sector in Bangladesh have been initiated by ‘AgriTech’ companies/start-ups in the space of financial and logistical services. Financial services are available for both small and large-scale agriculture operations in the country. Besides innovations in fi nancial services, there has been a burgeoning list of logistical services as well. Utilizing this wave of innovations appropriately can help the agricultural sector reach its full potential for success. This report is arranged in the following manner. First section 1 discusses the traditional services in financial and logistic sectors, and then section 2 discusses the existing constraints in both sectors. Sections 3 and 4 go into detail on financial and logistical innovations respectively that aim at addressing the discussed constraints. Both sections 3 and 4 have subsections giving a brief description of organiza tions that are behind these innovations. 2022-12-31 2023-01-24T12:25:43Z 2023-01-24T12:25:43Z Report https://hdl.handle.net/10568/128027 en Open Access application/pdf International Food Policy Research Institute Bakhtiar, M. Mehrab; Uddin, Riad; and Shamma, Raisa. 2022. Landscape report on existing financial and logistic services in the agricultural sector in Bangladesh. Scoping Study 1. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/128027
spellingShingle agricultural sector
economy
finances
innovation
farmers
agricultural value chains
agricultural technologies
logistics
supply chains
economic situation
agritech
finance
Bakhtiar, M. Mehrab
Uddin, Mohammad Riad
Shamma, Raisa
Landscape report on existing financial and logistic services in the agricultural sector in Bangladesh
title Landscape report on existing financial and logistic services in the agricultural sector in Bangladesh
title_full Landscape report on existing financial and logistic services in the agricultural sector in Bangladesh
title_fullStr Landscape report on existing financial and logistic services in the agricultural sector in Bangladesh
title_full_unstemmed Landscape report on existing financial and logistic services in the agricultural sector in Bangladesh
title_short Landscape report on existing financial and logistic services in the agricultural sector in Bangladesh
title_sort landscape report on existing financial and logistic services in the agricultural sector in bangladesh
topic agricultural sector
economy
finances
innovation
farmers
agricultural value chains
agricultural technologies
logistics
supply chains
economic situation
agritech
finance
url https://hdl.handle.net/10568/128027
work_keys_str_mv AT bakhtiarmmehrab landscapereportonexistingfinancialandlogisticservicesintheagriculturalsectorinbangladesh
AT uddinmohammadriad landscapereportonexistingfinancialandlogisticservicesintheagriculturalsectorinbangladesh
AT shammaraisa landscapereportonexistingfinancialandlogisticservicesintheagriculturalsectorinbangladesh