Govt to set up 483 ‘Palli’ banks

The Daily Star, 30 July 2012

The government has a plan to set up 483 Palli (rural) banks across the country as part of its ‘Ekti Bari, Ekti Khamar’ (One Farm, One Homestead) project.

This was disclosed at the first meeting of the steering committee of the ‘Ekti Bari, Ekti Khamar’ (One Farm, One Homestead) project held with State Minister for LGRD and Cooperatives Jahangir Kabir Nanok in the chair on Monday.

The meeting was told that an initiative is underway to set up 483

Palli banks across the country — one in each upazila — to facilitate the transaction of the beneficiaries of ‘Ekti Bari, Ekti Khamar’ and thus cut the poverty rate by half by 2015.

Secretary of the Rural Development and Cooperatives Division Dr Mihir Kanti Majumder and members of the steering committee were present at the meeting.

Tags: Banking