Finance Minister Amir Khosru Mahmud Chowdhury today assured farmers of all-out government support to facilitate their agricultural activities. Speaking in the Jatiya Sangsad (JS), the minister emphasized the government's commitment to providing loans and other necessary support to enable farmers to continue their cultivation efforts. 'We are giving priority to farmers in determining our agricultural policy and making every effort from the government side to create opportunities for them to continue cultivation,' he stated.
One of the significant measures announced by the minister is the waiver of agricultural loans of up to Taka 10,000. 'A huge amount of agricultural loans has been waived for those who borrowed up to Taka 10,000,' he said. This initiative aims to alleviate the financial burden on small-scale farmers, allowing them to invest more in their farming activities without the stress of debt.
The government's support extends beyond loan waivers. Finance Minister Khosru highlighted ongoing efforts to provide loans to farmers and facilitate their farming activities. 'The government continues its efforts to provide loans to farmers and facilitate their farming activities,' he noted. This commitment underscores the government's dedication to bolstering the agricultural sector, which is a cornerstone of Bangladesh's economy.
In response to a question from ruling party lawmaker Anisur Rahman, the Finance Minister clarified that while there are no plans to distribute interest-free loans, agricultural and rural credit is being provided on soft terms and at low interest rates. This approach ensures that farmers have access to affordable credit, enabling them to purchase necessary inputs and equipment for their farms.
The announcements made in the Jatiya Sangsad reflect the government's broader strategy to support the agricultural sector. By providing financial relief and accessible credit, the government aims to enhance farmers' productivity and resilience. This support is crucial for ensuring food security and sustaining the livelihoods of millions of farmers across Bangladesh.
