Agriculture Minister Ravi Ratiram has confirmed that the appointment of a new governing board for the Agriculture Development Bank (ADB) is progressing, though the process has encountered unexpected delays due to rigorous Cabinet-level vetting procedures. The minister made these statements following a ceremonial distribution of Brazilian green dwarf coconut seedlings at the Central Experiment Station in Centeno on December 1.
Minister Ratiram emphasized that multiple proposed board configurations have undergone Cabinet review in recent weeks, with each candidate subjected to comprehensive background verification and eligibility assessments. “The Cabinet, under the Prime Minister’s leadership, ensures all board appointees fully meet statutory requirements,” Ratiram stated, acknowledging the time-consuming nature of these mandatory checks.
The future board’s mandate will encompass establishing policy direction, strategic oversight, and addressing operational challenges including workforce management issues. While expressing urgency for the board’s installation, Ratiram declined to specify particular matters awaiting board attention, preferring to let the incoming directors address them upon formal appointment.
Regarding agricultural concerns beyond the banking sector, Minister Ratiram directly addressed circulating rumors about fertilizer shortages affecting rice cultivation. He categorically dismissed these claims, asserting that multiple fertilizer varieties remain commercially available and that ministry researchers are actively evaluating optimal formulations for current crops.
The minister revealed that the rice industry is currently in replanting phase following recent harvests, with seed distribution already completed. While acknowledging some concerns regarding germination rates, Ratiram confirmed ongoing collaboration between the ministry and relevant boards to address these agricultural challenges.
Ratiram concluded by reaffirming the government’s commitment to agricultural development, highlighting ongoing support programs ranging from genetic seed improvement to water management initiatives and extension services.