The primary stipend will be distributed in cash. Mobile Financial Service Nagad will distribute stipends to the primary students. Satisfied with the success of Nagad, the Directorate of Primary Education is going to sign an agreement with this organization again for the distribution of stipends for the financial year 2022-23. This is known in a letter sent by the Department.
Since 2021, Nagad has been distributing stipends to the Government’s Department of Primary Education at a low cost. Apart from this, various allowances including widow-husband abuse allowance, disability allowance, old age allowance, and disabled child allowance of the Department of Social Services are distributed in cash.
The Parliamentary Committee on the Ministry of Posts, Telecommunications, and Information Technology has recommended the distribution of all allowances of the government through Nagar. In continuation of that, this time the Department of Primary Education is going to sign an agreement with Nagad for the distribution of education stipends again.
Not only the stipend of primary school students, nagad is going to get more responsibilities this time. In the 2022-23 fiscal year, the government is also going to bring the PTI experimental school and the primary school run by the Child Welfare Trust under the stipend. According to the letter of the Directorate of Primary Education, the work that needs to be done to bring these educational institutions under the stipend will be done.
On December 13, 2020, the Department of Primary Education signed the first agreement with Nagad regarding stipend. The agreement was signed as a result of a directive from Hon’ble Prime Minister Sheikh Hasina. He also issued a directive in this regard. Earlier, while in charge of another financial institution, the disbursement of this stipend was stopped for about a year due to irregularities in the distribution of stipends.
The government saved a huge amount of money in the last financial year due to the agreement with Nagad. Since Cash distributes the stipend at a very nominal cost, including the cash-out charge, the students get the entire amount of the scholarship in their hands immediately.
Mohammad Zahidul Islam Sajal, Head of Public Communications of Nagad, said that Nagad has been able to distribute the government’s stipend very successfully and if given the responsibility, it will maintain the same transparency again. “If we are trusted, we will continue to provide the same quality of service in this financial year as well,” he said.
In order to get the stipend in cash, every student has to register with his mobile number and birth certificate as well as the guardian’s national identity card. As a result, the parents of the students get the stipend money along with the cash out charge on the mobile as soon as the allowance is distributed.