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pulses and maize cultivation in Chandpur

54 lakh taka allocated for pulses and maize cultivation in Chandpur

54 lakh taka has been allocated for pulses and maize cultivation in Chandpur this year.The state-owned banks in all the upazilas of Chandpur district have been allocated Tk. 54 lakh for the cultivation of pulses, oilseeds, maize and spices in the fiscal year 2020-21.

This information has been given in a report of the regional office of the state-owned banks in Chandpur. According to the information received, Sonali Bank has allocated Tk. 12 lakh, Agrani Bank Tk. 2 lakh, Janata Bank Tk. 5 lakh and Bangladesh Krishi Bank Tk. 35 lakh.

There is an instruction to distribute this loan at 4% simple interest in cultivation of pulses, oilseeds, spices and maize.

In addition, the state-owned and private bank branches in Chandpur district have been allocated Tk. 312.47 crore and 61 thousand in the fiscal year 2020-21 by Bangladesh Bank to all Chandpur-based banks for disbursement of agricultural loans and poverty alleviation.

In particular, the government has directed to provide loans at 4% interest for the production of low interest pulses,spices,oilseeds and maize.

Abdul Ghoni, Correspondent, Sep 5,2020