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Chapter 279 - Chapter 211: Attempting Improvement_3

The officials in charge of the new law quickly exceeded the upper limit by changing the annual interest rate of 20% to 20% per season, which equates to a staggering 40% per year. Many officials even set the rate higher, reaching up to 100% interest like those in private lending.

As for the "voluntary participation without suppression," it was basically not implemented. It was impossible to determine which were voluntary and which were enforced contributions.

After enforcing the contributions, the officials could easily claim that the households were lying about being unable to repay their debts, alleging that they were forced to contribute.

Moreover, to ensure the effectiveness of the new law, Wenchuan would inevitably need to set targets for these officials.

How much was accomplished under the Green Seed Law would become one component of the officials' evaluations.

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