Nagad to disburse wages to 1.5 lakh workers

The country’s one of the leading Mobile Financial Service(MFS) providers, Nagad will disburse the daily wages to 1.5 lakh workers under the Employment Generation Programme for the Poorest (EGPP) scheme of the Ministry of Disaster Management and Relief.

An agreement has been signed by the Directorate of Disaster Management, the Directorate of Bangladesh Post and Nagad limited in this regard, a media statement issued on Saturday.

The Director General of Disaster Management Directorate, Md Atiqul Haque, and the Chief Business Officer of Nagad, Sheikh Aminur Rahman, signed the agreement on behalf of their respective organizations.

Deputy General Manager of Nagad, Tanvir Chowdhury, along with other higher officials from both organizations, were present during the signing ceremony.

Under the initiative, the daily wages of almost 1.46 lakh workforces from 114 Upazilas of 18 districts and 3 divisions of the country will be deposited into their Nagad wallets. Each worker will receive a remuneration of Tk 400 per day.

In FY 2022-23, these unemployed hands will receive 80 days of salary in two installments into their Nagad accounts. Cash-out fees will be covered with this disbursed amount, allowing the beneficiaries to conveniently withdraw this money from the nearest Nagad ‘Uddokta’ point at no cost.

Employment Generation Programme for the Poorest (EGPP) is administered by the Ministry of Disaster Management and Relief’s Directorate of Disaster Management. The program is one of the government’s initiatives to guarantee social security, through which the impoverished and the functional workforces are provided with financial stability.

The program additionally contributes to rural infrastructure development, including construction, maintenance, renovations, roads, drainage system, maintaining market cleanliness, etc.

Speaking at the signing ceremony, Sheikh Aminur Rahman, Chief Business Officer of Nagad Limited said, “Nagad has disbursed several government social safety 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 has entrusted us because Nagad has excelled at the disbursement of all types of allowances.”