Tk 10cr fund allocated for rehabilitated floating people
Unb, Dhaka
The government has allocated Tk 10 crore as revolving fund for floating people rehabilitated under the land ministry's Adarsha Gram Project-2 for financing income-generating schemes for them.An official announcement yesterday said the money will be disbursed among the poor people through Bangladesh Rural Development Board (BRDB) as micro-credit. The decision was disclosed at a meeting arranged for review of progress of the projects being implemented under the Annual Development Programme (ADP) of the fiscal year 2006-2007. Land, Information and Law Adviser Mainul Hosein presided over the meeting, which noted that a total of Tk 25.68 crore was allocated for seven ADP projects. Out of the total, Tk 23.02 crore was released until June 2007 and Tk 20.73 crore of the released money has been spent. The progress rate of the projects is 81 percent. The Adviser directed the officials concerned to complete the projects within the timeline.
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