[caption id="attachment_6154" align="aligncenter" width="1014"]
File photo[/caption]
A tripartite agreement was signed between Adorsho PraniSheba Limited, BRAC Bank Limited and Phoenix Insurance Company Limited on Wednesday (December 30, 2020) on the occasion of the inauguration of 'Khamari', a working capital subsidy for livestock and livestock farmers.
The agreement ceremony was arranged over social media and it was simultaneously aired over Facebook Live, says a press release.
As per the agreement, BRAC Bank will offer hassle free working capital support to the farmers who want loans for livestock and cattle for commercial and personal purposes. Phoenix Insurance will provide insurance coverage for cattle and livestock and on the other hand PraniSheba will provide the Radio Frequency Identification (RFID) tracking system and facial recognition by artificial intelligence for livestock.
Planning minister MA Mannan MP was present as the chief guest at the inaugural function.
In his speech, the minister expressed his full support for such an initiative on behalf of the government. He also mentioned that the platform is a necessity and that he will provide full support as a constitutional regulator.
He hoped that the efforts of Adorsho PraniSheba Limited, BRAC Bank Limited and Phoenix Insurance Company Limited in the form of “Khamari” achieves further progress and success for the betterment of agriculture and the economy. Find more...
Source: Online/SZK
Comment Now