Published on 12:00 AM, August 08, 2010

Sanchay Patra

At a time the rate of interest on Sanchay Patra was 16-22%, the monthly expenditure of a moderate family was Tk.15,000/-. Now the rate is 10.35-11.25%, when the monthly expenditures of an old individual is over Tk.20,000/-. If the sale of Sanchay Patra is limited only to old ones ( 58 years and above), females, disabled, orphans, the rush of purchase will come down. Then the idle and the ill earned money shall go to share market and private enterprises.
Every living person will get old and helpless. Also, every sane person shall have old parents and kin to look after. So, to save the old, disabled, minors, and orphans from humiliation and begging, it is suggested that the present govt. give attention to increasing the rate to 20% at least, without any tax.