Some 33-lakh underprivileged and meritorious students in the secondary, and higher secondary level and 1,17,000 students of graduate level will receive stipends from PM’s Education Assistance Trust through bKash, one of the country’s largest mobile financial service providers.
Prime Minister Sheikh Hasina inaugurated the stipend disbursement program at PMO office in the city on Sunday, read a press release.
Dr Dipu Moni, Minister of Education; Mohibul Hasan Chowdhury, Deputy Minister of Education and other senior officials of the Prime Minister’s Office and the Education Ministry were present at the event.
The students and guardians have opted their bKash accounts for receiving stipends. Following their decision, their accounts have been registered with the system of Prime Minister’s Education Assistance Trust (PMEAT).
Later, stipends and tuition fees are directly being transferred to the beneficiaries’ bKash accounts through G2P system.
At the event, the prime minister said, “There are no middlemen in the process of stipends distribution now. We are disbursing stipends and tuition fees directly to the beneficiaries through G2P system. Even, we are using digital disbursement in every sector including social safety net.”
Stipends of PMET has been distributing successfully to the secondary and higher secondary, graduate and its equivalent level students through G2P system for several years. Students can cash out the stipend received in their account at any agent point across the country without additional cost.
Aiming to build smart citizens through quality education towards the journey of Smart Bangladesh by 2041, everyone concerned in the process expressed their sincere thanks and gratitude to the prime minister for initiating digital disbursement system. bKash also feels proud to be part of this journey.