Ex-enclave people to get farm loans

Bangladesh Bank has directed all locally operational scheduled banks to extend farm loans to the citizens of the 111 enclaves that the government took over recently.

The decision will boost agricultural activities in these enclaves, the central bank said in a notice yesterday.

On Sunday, the central bank, in another notice, called upon banks to spend money from their corporate social responsibility (CSR) funds for the dwellers of these enclaves.

“Banks can show this spending (CSR) under social projects/community investments,” the BB said.

The central bank issued the notices two days after the historical exchange of enclaves between Bangladesh and India.

Bangladesh got 111 enclaves with 52,000 people who have been deprived of basic amenities such as education and healthcare for the last 68 years.