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Krishi Bank sues 723 cyclone victim farmers for Tk19.2m in Bagerhat

  • Published at 08:54 am May 5th, 2013
Krishi Bank sues 723 cyclone victim farmers for Tk19.2m in Bagerhat

Miran Kanti Pal of Fatepur village of Sadar upazila said he had taken loan of Tk150,000 in 2006 from BKB Bagerhat rail road branch for agriculture and fish farming.

On November 15, 2007, Sidr and later Aila caused harm to his agriculture and fish farms extensively.

However, he repaid Tk51,000 but still he owes the bank Tk258,000.

Although the government exempted the farmers from paying the loan interest considering Sidar and Aila, the bank authorities did not do that.

Humayun Kabir Howlader of Chitalmari village of sadar upazila has a similar story. He had taken bank loan of Tk 150,000 six years ago but he suffered loss in paddy cultivation due to salinity and shrimp cultivation due to virus and he could not repay the loan.

As he could not repay the loan in time, certificate case was filed against him.

Certificate cases have been filed against 723 farmers in Bagerhat for failing to repay agricultural loan to Bangladesh Krishi Bank (BKB), reports UNB.

The BKB authorities in Bagerhat filed the cases against the farmers in nine upazilas of the district for non-payment of the outstanding loan of Tk 19.2m ( one crore 92 lakh and 20,000) from 1990 to 2013.

A total of Tk 1.94bn (194.29 crore) remains unpaid with 51,780 farmers of the district.

Farmers said they could not repay the loan due to cyclonic storms Sidar and Aila that damaged their fishery and agriculture farms.

Sources at the BKB regional office said Tk668 million loan was distributed among 11,197 farmers during the current fiscal year (2012-2013) through the bank’s 21 branches.

Of the amount, Tk647m was realised till February this year.

In Bagerhat sadar upazila, 226 certificate cases were filed against farmers for outstanding loan of Tk8.94m,  in Fakirhat upazila 22 cases for Tk0.56m, in Mollarhat upazila 57 cases for Tk1m, in Chitalmari upazila 104 cases for Tk 2.6m, in Kachua upazila 44 cases for Tk0.67m, in Morelganj upazila 169 cases for Tk3.7m, in Sharankhola upazila 39 cases for Tk2m, in Mongla upazila 39 cases for Tk0.64m and in Rampal upazila 23 cases for Tk0.99m.

The loans were distributed among the farmers for buying agriculture inputs, livestock, irrigation equipment and running agriculture based industry and socio-economic activities.

The money was supposed to be repaid by installment within two to four years.

Krishi Bank officials said despite repeated reminders, the farmers did not repay the loans.

The cases are now pending with Bagerhat court.