BB to give BKB Tk 2b for repatriating slum dwellers

kngladesh Bank (BB) will give Bangladesh Krishi Bank (BKB) Tk 2.0 billion for its "Ghore Fera Kormo Suchi" (go back home project).

The project aims at rehabilitating slum dwellers to the rural areas from cities and towns.

In this connection, the central bank will sign an agreement with BKB today (Sunday) for disbursing the loan under the programme, designed to reduce the pressure of huge population on cities especially on the capital city of Dhaka.

"The central bank is offering the fund to take back the urban poor to their homes under the "Ghore Fera Kormo Suchi" of the government," BB Executive Director told BSS.

He said the central bank is providing the money from its housing fund at 2.0 per cent rate of interest when the borrowers would pay only 6.0 per cent annually.

Under the programme, the eligible borrowers can get Tk 20,000-40,000 loan for income generating projects besides Tk 50,000 for housing.