School students to get stipend money thru bkash

Dhaka,  Fri,  26 May 2017
Published : 16 Apr 2017, 22:16:05
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School students to get stipend money thru bkash

FE Report


Stipend for the students of secondary schools will be disbursed through mobile financial service provider bKash in partnership with state-owned Agrani Bank Ltd to bring transparency and swiftness in the process.

School students to get stipend money thru bkashEducation Minister Nurul Islam Nahid inaugurated on Sunday the scheme at a programme organised by bKash at International Mother Language Institute (IMLI) auditorium in the city.

The project was taken under Secondary Education Sector Investment Programme (SESIP) initiated by the Education Minister and funded by Asian Development Bank (ADB).

Secondary and Higher Education Division Secretary Sohorab Hossain attended the function as the special guest while it was also addressed by Agrani Bank acting Managing Director Mohammad Ismail Hossain, ADB acting Country Director in Bangladesh Resident Mission Chai Li, IMLI Director General Dr Jinat Imtiaz Ali, bKash Chief Executive Officer (CEO) Kamal Quadir with SESIP Programme Director Dr SM Wahiduzzaman in the chair.

Mentioning the government's commitment to make the country technologically advanced, he said stipend disbursement through mobile banking will save the time of the recipient and make the process more secure and transparent.

He said many of the students were deprived of their scholarship money in the past due to irregularities of the distribution authority concerned which will come to zero through initiation of electronic money transfer.

The Minister also said Education Ministry distributed technical education equipment to over 20,000 schools and colleges to attract more students in science group as the government has been emphasising on ICT based education in the country.

Initially, the stipend will be disbursed among the secondary students of 54 Upazilas of 17 districts. The SESIP project will finally cover around 300,000 students of 2916 secondary schools across the country.

The students will receive the stipend money in their bKash accounts twice a year.

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