1.37cr primary students to get stipends thru’ digital service
The Ministry of Primary and Mass Education is going to distribute stipend to over 1.37 crore primary students through digital financial service Nagad.
Yusuf Ali, project director of Primary Education Stipend Project (third phase), said they have received a ministry order and are now working on the issue.
Nagad is a venture of Bangladesh Post Office.
The government sends the money directly to a student's mother through mobile banking services four times a year -- in April, July, October and January.
To qualify for the stipend, selected students must have 85 percent monthly attendance. They also need to take all school examinations and attain a minimum of 33 percent marks in each subject.
Each student fulfilling these criteria gets Tk 150 per month, as a single beneficiary of a family. Similarly, two children from the same family receive Tk 300 per month, whereas in case of three and four children, the stipend is Tk 400 and Tk 500 per month, respectively.
Yousuf said Nagad will receive 0.70 percent money as service charge.
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