Ex-enclave citizens to get farm loans, CSR funds

The new Bangladeshi citizens from the former enclaves will get farm loans and corporate social responsibility (CSR) budgets from the scheduled banks operating in the country.

The central bank today issued two separate circulars in this regard, two days after the exchange of enclaves between Bangladesh and India.

The decision regarding the farm loans was made to expand agricultural activities in these areas, says one of the circulars.

In another circular, the Bangladesh Bank asked the banks to spend money from their corporate social responsibility (CSR) budgets for the new citizens.

“Banks can show this expenditure (CSR) under their Social Projects/Community Investments head,” the BB said.

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