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Mango farmers to get loans at 4pc interest rate

Published Time: May 23, 2020, 12:21 am

Updated Time: May 23, 2020 at 12:21 am

Rubaiya Tripty of DOT
[2] ‘There is no way to give disbursement to the farmers but arrangements will be made to sell their produce. Besides, mango farmers affected by cyclone Ampan will get agricultural loans at 4 percent interest, Agriculture Secretary Nasiruzzaman told Sarabangla yesterday when asked what action would be taken against the affected mango and litchi farmers.
[3] According to the Department of Agricultural Extension, Ampan has hit 43 districts of the country except Sylhet and Mymensingh. Out of 1 lakh 25 thousand 794 hectares of land, 48 thousand 621 hectares of mango orchards have been affected. Initially, the damage was estimated of 7,384 hectares, which is 10 percent of total Mango Orchards. However, data on Friday said that about half of the country’s mango orchards have been affected by the storm. Agriculture Secretary Nasiruzzaman told that half of the mangoes were not damaged. In Satkhira, 80 percent mangoes have been damaged.

In case of Rajshahi it is 12 to 13 percent. Besides, Chapainawabganj lost 5 to 6 percent of Mangoes, Dinajpur lost 5 to 6 percent and Naogaon lost 3 to 5 percent. The amount of damage to litchi will not be more than 5 to 6 percent.
The litchi of Dinajpur has not matured yet so the amount of damage is less, the secretary said.

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