The agriculture sector in Bangladesh is crucial for reducing poverty, but declining productivity is a risk. There are opportunities for growth and value addition in the agri-food sector. The Covid-19 crisis has impacted the sector. The report aims to suggest policies and investments to diversify agriculture and improve the business environment. This will help increase farm incomes, create jobs, and ensure nutrition security in the country. The report will also guide the Government of Bangladesh and the World Bank in their efforts to modernize the agri-food sector.