Food and Agribusiness

Experts welcome agri stimulus, stress on proper distribution

Prime Minister (PM) Sheikh Hasina on Sunday declared to form a Tk 50 billion scheme for small and medium scale farmers who could get loan at 5.0 per cent interest rate in Bangladesh. The decision came following an upcoming probable food crisis across the globe due to the virus pandemic. While declaring the scheme, she said the government will provide the incentives so that no land can remain uncultivated. Farmers will be able to continue their production to avoid any kind of food shortage in the country. Poultry, agricultural farm, spice, fruits and other food crop producers could get the loan facility. Appreciating the government’s move to provide Tk 50 billion loan to farmers at low interest rate, experts put emphasis on its proper distribution.

Read more at The Financial Express