Description:
"1. For the current year 2000, agricultural loans at the rate of Kyats 1000/- per acre is
obtainable in Kauk-hmu township (Rangoon division). The limit is Kyats 10,000/- for 10
acres. However those who have connections with the powers can get Kyats 15,000/-
(special production loan)...farmers who cannot fulfil the duty paddy quota are prosecuted under
Section 406 of the Penal Code, and they suffer persecution. But the worst predicament is
for defaulters of the previous year. Even though the rate is fixed at Kyats 30,000/- , the
repayment rate applied is Kyats 65000/- which is more than double the debt. The farmer
indeed suffers great hardship..."
Source/publisher:
National League for Democracy (NLD)
Date of Publication:
2000-08-07
Date of entry:
2009-05-19
Grouping:
- Individual Documents
Category:
Language:
English
Local URL:
Format:
pdf
Size:
37.76 KB