Nagad to pay stipends under government job creation program

The Mobile Financial Service of the Department of Posts, Nagad, will pay the daily wages of 1.5 lac workers under the Ministry of Disaster Management and Relief’s Job Creation for the Poorest Program (EGPP).

A tripartite agreement has recently been signed in this regard by the Directorate of Disaster Management, Bangladesh Post Management and Nagad Limited. Md. Atiqul Haque, Director General of the Disaster Management Directorate, and Sheikh Aminur Rahman, Commercial Director of Nagad, signed the agreement on behalf of their respective organizations.

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Tanvir Chowdhury, deputy chief executive of Nagad, along with other senior officials from both organizations, were present at the signing ceremony, a Nagad press release said.

Under this initiative, the daily wages of nearly 1.46 lake workers from 114 Upazilas from 18 districts and three divisions across the country will be deposited in their Nagad wallets. Each worker will receive a salary of BDT 400 per day under the program.

In 2022-2023, these otherwise unemployed hands will receive 80 days of salary in two installments into their Nagad accounts. Withdrawal fees will be covered by this disbursed amount, allowing recipients to easily withdraw this money at the nearest Nagad ‘Uddokta’ point free of charge.

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The CPMT is administered by the Directorate of Disaster Management. The program is one of the government’s initiatives to ensure social security, through which the working poor and functional enjoy financial stability. The program further contributes to the development of rural infrastructure, including construction, maintenance, renovations, roads, drainage system, keeping the market clean, etc.

Speaking at the signing ceremony, Sheikh Aminur Rahman, Chief Commercial Officer of Nagad Limited said, “Nagad has paid several government social security allowances since its inception. In this sense, we are unwavering in our commitment to maintaining openness. We believe the Ministry of Disaster Management and Relief trusted us because Nagad excelled in disbursing all types of grants.

Ryan H. Bowman