Tk 63.51b agri credit will be disbursed
Friday, 8 June 2007
FE Report
The government has proposed a target to disburse Tk 63.51 billion as agriculture credit through eight state-owned banks and financial institutions in fiscal 2007-08.
"Agricultural credit as an input to the rural socio-economic development as well the productivity increase of agro-sector has a special significance," the finance adviser said while announcing the budget Thursday.
He said investment in agriculture plays a direct role in poverty reduction.
The loans have been given to agro-based eight sub-sectors like crops, irrigation equipment, livestock, agricultural products marketing, fisheries and poverty alleviation, sources in the central bank said.
The banks and financial institutions are: Sonali Bank, Janata Bank, Agrani Bank, Rupali Bank, Bangladesh Krishi Bank (BKB), Rajshahi Krishi Unnayan Bank (RAKUB), Bangladesh Rural Development Board (BRDB) and Bangladesh Samobaya Bank Limited (BSBL).
The government has proposed a target to disburse Tk 63.51 billion as agriculture credit through eight state-owned banks and financial institutions in fiscal 2007-08.
"Agricultural credit as an input to the rural socio-economic development as well the productivity increase of agro-sector has a special significance," the finance adviser said while announcing the budget Thursday.
He said investment in agriculture plays a direct role in poverty reduction.
The loans have been given to agro-based eight sub-sectors like crops, irrigation equipment, livestock, agricultural products marketing, fisheries and poverty alleviation, sources in the central bank said.
The banks and financial institutions are: Sonali Bank, Janata Bank, Agrani Bank, Rupali Bank, Bangladesh Krishi Bank (BKB), Rajshahi Krishi Unnayan Bank (RAKUB), Bangladesh Rural Development Board (BRDB) and Bangladesh Samobaya Bank Limited (BSBL).