Those who participate in the agricultural sector also need the loans as capital or investment for doing their businesses.
In this regard, farmers operate cultivation of crops while operators wish to give their services for farmlands with the use of agricultural machinery. Meanwhile, businesspersons are engaging in trading of crops, milling of rice, beans and other crops and processing of fruits. Producers emphasize manufacturing of value-added agricultural products, whereas exporters are eager to send out the agricultural products to domestic and international markets.
They all wish to seek loans for operating their businesses as well as extending their work establishments. That is why it can be said that the loan is of great importance for the persons who join the agricultural sector.
In successive government tenures, the authorities have managed the disbursement of agricultural loans not only for paddy but also for other crops. In fact, such an amount of loans could be spent only on the expenditure of land preparations and the purchase of a small number of agricultural inputs. Farmers could not spend the loan on effective work plans.
But we all need to seek the best way how to spend the loans on such an industry. Hence, all should not need to forget the best way for the best performances.
Moreover, businesspersons also wish to seek loans to operate their small-scale industries related to the production of agricultural products and expand their works. But they faced hindrances to seeking the loans.
We need to encourage the farmers and those related to the agricultural sector to improve their living standard and businesses. Only when they meet development will the agricultural sector improve.
Authorities need to analyze the root cause of somebody who was difficult to pay back the loans to the departments concerned, how to spend the loans and how to overcome the challenges in spending the loans. We should conduct the surveys on needs, difficulties and hindrances to the development of the agricultural sector.
All participants in the agricultural sector should seek the best answer for their respective works in seeking and spending the loans. The loans should be spent on the agricultural sector in a correct way. But we all need to seek the best way how to spend the loans on such an industry. Hence, all should not need to forget the best way for the best performances.