In name of providing loan india actually setting debt trap in Bangladesh and Awami regime acting subsurviently pushing Bangladesh to that trap. This $ 1 billion will be used for facilitate indian transit facilitites throgh Bangladesh yet Bangladeshi tax payers has pay for indian benefit. What kind of claimed to be "elected" govt will do such a subsurvient act against its own people?
Highlight on how this is indian robbery rather than loan and how Bangladesh paying for indian development.
1) 1.75 per cent annual interest and 0.50 per cent commitment (penalty if Indian transit facility implementation is delayed) fee
2) Bangladesh government has to repay the loan within a period of 20 years with five years grace period would be provided for the credit
3) Bangladesh would have to procure goods and services at the rate of atleast 85 per cent of the total funds from India.
4) Loan would be spent for upgrading Bangladesh's infrastructure designed to set up for Indian transit facilities
$1b Indian credit spending modalities finalized
Highlight on how this is indian robbery rather than loan and how Bangladesh paying for indian development.
1) 1.75 per cent annual interest and 0.50 per cent commitment (penalty if Indian transit facility implementation is delayed) fee
2) Bangladesh government has to repay the loan within a period of 20 years with five years grace period would be provided for the credit
3) Bangladesh would have to procure goods and services at the rate of atleast 85 per cent of the total funds from India.
4) Loan would be spent for upgrading Bangladesh's infrastructure designed to set up for Indian transit facilities
$1b Indian credit spending modalities finalized
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