Sunday, November 29, 2009

Advances Agro-based SME Sector

Small and medium entrepreneurship(SME)sector can boost up agro-based economy, which have perpetual effect on decreasing food insecurity.Bangladesh Bank (BB) takes an initiative to rise SME sector and scheduled commercial banks also following to setup a SME branch, especially operating SME components.

Most notably, NCB's are not very efficient to spread SME loan; considering the new entrepreneurs and collateral obligations.But it should take a quick stand to explore the benefit of SME among all of Bangladeshi young people who have the next generation forces to rise our GDP growth.