Dhaka, Sept. 19 -- Although Bangladesh Bank has introduced low-interest loan schemes for farmers, only a very small number of them are benefiting from it, alleged Consumers Association of Bangladesh (CAB) President AHM Shafiquzzaman on Friday.

He said farmers are being forced to borrow money at high interest rates due to the influence of syndicates.

Shafiquzzaman made the allegation while addressing a press conference, titled 'CAB's Activity Briefing', at Dhaka Reporters Unity (DRU).

"This year, Tk 30,000 crore has been allocated as low-interest loans for farmers. But whether marginal farmers are actually receiving the benefit remains a big question. Large syndicates have emerged around this loan, forcing farmers to borrow at high inte...