• Latest
Ministry of Agriculture offers technical support in irrigation to farmers under CATS Project

Ministry of Agriculture encourages financial management by young farmers

7 years ago
Beacon Insurance vacancy: Manager — Grenada Operations

Beacon Insurance vacancy: Manager — Grenada Operations

18 hours ago
EC$1 Million paid in Crop Insurance to CORP-EFF

Grenada invests millions in disaster protection

19 hours ago
$30,000 In Cash and Prizes Up for Grabs With Flow!

Flow announced as Official Partner of the Republic Bank CPL

19 hours ago

Visa-free access for Nigerian passport holders

23 hours ago
Rotary Club of Grenada: Brunch for a cause at Rhythm & Spice

Rotary Club of Grenada: Brunch for a cause at Rhythm & Spice

23 hours ago
The criminality of suicide

The criminality of suicide

23 hours ago
Commonwealth Day: 13 March 2023

Weathering the storm

2 days ago
The poetics of loss in Lucy’s Straw Hat

The poetics of loss in Lucy’s Straw Hat

2 days ago
Grenadians leave their mark at 2026 NCAA Division I Championships

Grenadians leave their mark at 2026 NCAA Division I Championships

2 days ago
Grenada’s electoral system: Integrity, transparency and accountability

Grenada’s electoral system: Integrity, transparency and accountability

2 days ago
Hydro-Comp Enterprises Ltd vacancy: Systems/Support Engineer

Hydro-Comp Enterprises Ltd vacancy: Systems/Support Engineer

2 days ago

Executors, administrators and AML risk in estate administration

2 days ago
NOW Grenada
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us
No Result
View All Result
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us
No Result
View All Result
NOW Grenada
No Result
View All Result

Ministry of Agriculture encourages financial management by young farmers

This story was posted 7 years ago
7 June 2019
in Agriculture/Fisheries, Business, PRESS RELEASE, Youth
3 min. read
Participants of Youth Symposium held at Sam’s Inn in St Andrew
0
VIEWS
Share

The last of 3 symposia was concluded by the Ministry of Agriculture on Thursday, as it continues to invest in young farmers, highlighting the importance of youth in agriculture.

The Eastern Agricultural District session on Financial Management, which was held at Sam’s Inn at Dunfermline, St Andrew, was engaged with presentations from Ariza Credit Union as the official sponsor for the series of events, the National Insurance Scheme (NIS), which highlighted the importance of a retirement plan for a sustainable future, and Guyana and Trinidad Mutual (GTM) Insurance, which advised the young farmers on an insurance policy as financial security.

It was held under the theme “Securing Your Future through Financial Empowerment.”

After first being held at Plains, St. Patrick, on 4 April, Ariza Credit Union Building in St George’s on 21 May, the Ministry of Agriculture is confident that information disseminated will augur well for the future of young farmers, and will aid in job efficiency for its staff members.

The working sessions under the symposiums were a step away from the customary ‘Training in Production’ practices put on by the ministry, and it was in this regard that Chief Extension Officer in the Ministry of Agriculture, Randolph Shears, said the management of finances by farmers is of  importance.

“… I didn’t say how to spend your finances,” he said, “because your finances have to be managed.” There is a lot of negative stigma attached to agriculture, because we see a lot of farmers and they reach a stage where sometimes they can’t help themselves; they have to depend on the state, on family or so on. You as young farmers, we don’t want you to end up in the same situation.”

Shears also highlighted the benefits it can have on staff members, who engaged with farmers on a daily basis. “It will equip you, so when you go and interact with our farmers, you will not only be telling them about production practices and marketing, but you will also be able to advise them on how to manage their income or manage their finances,” he said.

The Ministry of Agriculture’s District Supervisor for St Andrew, Lincoln Mark, in his welcome remarks to the young farmers, explained that their sustainability in agriculture is important to the Ministry. “A lot of young farmers, and older farmers too, get into farming, make money, and at the end of the day, there is nothing to show for it. This session would sort of alleviate some of the problems; making money is one thing, but how you manage money is a different thing,” he said.

Knowing that farming can be as sustainable as farmers would want it to be, District Supervisor for the North, Maximus Lazarus, encouraged young farmers to look towards self-investment if they are to have a viable future. “There are a lot of farmers – not only in extension, but on a general basis – a lot of farmers who during their lifetime, they are making money, but they are not managing their money properly. So, at the end of their career, because they haven’t got a pension; because they haven’t got a gratuity, you see them struggling on the street, and  people ask the question, ‘what happen to these people, what happen to the money that they made,” he said.

He continued, “What I am asking you to do today is sow a seed; sow a seed today, take some critical analysis. Fundamentally, I believe that everybody could succeed, take some time and examine your life. Ask yourself, what would life be for me by 2030, and you set your goals. But goal setting is not all, when you set your goal, you have to have a strong desire to achieve your goal; without a strong desire, you’re not going to make it. Evaluate yourselves – am I making progress, have I seen changes in my life, work on yourself.”

A total of 79 farmers together with staff members from each district benefitted from the series of symposia facilitated by the Ministry of Agriculture. The ministry is committed to the success of young farmers and viability of the agricultural sector in Grenada.

Ministry of Agriculture

NOW Grenada is not responsible for the opinions, statements or media content presented by contributors. In case of abuse, click here to report.
Tags: ariza credit unionfarmersfinancial securityguyana and trinidad mutual insuranceinsuranceministry of agriculturenational insurance schemeretirementsam’s inn

Comments 1

  1. Zola says:
    7 years ago

    Farming is a business so if you are into farming register your business , get a bank account for your business, specialise in one product for example seasoning peppers , look around your country see who uses this product or even your region , then market your products. If you are growing everything then go to the hotels and restaurants and market your products , put the money you received for your products in the bank and watch it grow. Remember farming is a business you have to get serious with your future. Good luck and God richest blessings to all of you. Be wise.

© NOW Grenada Ltd. All Rights Reserved. Terms of Use | Privacy Policy

No Result
View All Result
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us

Copyright NOW Grenada

We are using cookies to give you the best experience on our website.

You can find out more about which cookies we are using or switch them off in . Visit our Privacy Policy | Terms of Use.

No Result
View All Result
  • Front Page
  • Categories
    • General News
      • All
      • Agriculture & Fisheries
      • Arts & Culture
      • Business
      • Education
      • Environment
      • Health
      • History
      • Lifestyle
      • Law
      • Politics
      • Technology
      • Travel & Tourism
      • Weather
      • Youth
    • Sports
      • All
      • Athletics
      • Cricket
      • Football
      • Watersports
    • Community
      • All
      • Tribute
    • Crime
    • Features
      • All
      • Today in History
    • Opinion/Commentary
    • Press Releases
      • All
      • Advertisements
      • Notices
  • Video
  • Notices & Vacancies
  • Advertise
  • Contact Us

Copyright NOW Grenada

Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Visit our Privacy Policy | Terms of Use.

Strictly Necessary Cookies

Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.