BB to give BKB Tk 200cr for repatriating slum dwellers

Posted by BankInfo on Sun, Sep 07 2014 10:02 am

Bangladesh Bank (BB) will give Bangladesh Krishi Bank (BKB) Taka 200 crore 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. 

The central bank will sign an agreement Sunday with BKB 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 percent rate of interest when the borrowers would pay only 6.0 percent annually.

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

Introduced in 2010, the government so far allocated Taka 10 crore for the project to help slum-dwellers to go back home and employ themselves. BSS 

News:Daily Sun/7-Sep-2014
Posted in Banking, News

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