The National Resistance Movement (NRM) has revealed it’s plan for creating millions of jobs for Ugandans.
the plan is part of the NRM 2021- 2026 and it reads as follows;
NRM is committed to translating the economic growth and development so far registered into more jobs and wealth for all Ugandans. NRM will continue to help more people to take advantage of the existing socio-economic infrastructure — roads, electricity and ICT — to create jobs and wealth.
Jobs and wealth put money into people’s pockets, food on the table, ensure savings for the future and investment in income-generating activities.NRM has identified the following four sectors for jobs and wealth creation.
a. Commercial agriculture
b.Industrialization
c.Services
d. Information and Communications Technology (ICT).
NRM will promote commercial agriculture as opposed to the unprofitable subsistence farming. Small-scale and medium-scale farmers will be helped to select enterprises with higher returns per acre annually.
Through Operation Wealth Creation (OWC) and the National Agricultural Advisory Services (NAADS), NRM will continue supplying farm inputs to farmers as well as extension services in the area of modern agricultural practices.
Key sectors of Uganda’s economy, especially agriculture and ICT, have endured through the COVID-19 pandemic. For example, coffee exports grew despite the pandemic, which triggered a lockdown.
The April 2020 figures show growth compared to a year ago, confirming that agriculture is strong and essential.Uganda weathered the storm because of the Government’s appropriate actions, including the earlier promotion of private sector-led growth.
NRM will continue to prioritise industrialisation and its pace doubled with initiatives to attract more investments in agro-processing to add value to primary products.
In addition, the abundant deposits of different minerals will be harnessed to support mineral-led industrialisation, creating revenue and jobs.
NRM will advance the Buy Uganda Build Uganda (BUBU) policy in order to grow local manufacturing as opposed to the importation of foreign products.
The Government’s capitalisation of the Uganda Development Bank (UDB) will be increased to enable entrepreneurs engaged in the service sectors, ICT, industries and commercial agriculture to access low-interest loans.
Credit: dailynewsuganda.blogspot.com
