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PM declares 5pc increment, Boishakhi allowance for MPO teachers

Published : Friday, 9 November, 2018 at 12:00 AM  Count : 121

Prime Minister Sheikh Hasina on Thursday announced Boishakhi festival allowance and five percent increment for teachers and employees of MPO-listed non-government educational institutions.
The prime minister made the announcement while distributing cheques for seed money of Taka 100 crore among nine organisations and trust funds at Ganabhaban here this evening.
Nearly five lakh teachers and employees of the non-government educational institutions like schools, colleges and madrasas under the MPO will get the increment and Boishakhi allowance.
About Tk 532 crore will be spent annually for meeting the expenses of the increment, while over Tk 177 crore will be required for providing the Boaishakhi allowance for them, officials concerned said.
They said the Finance Division has allocated necessary funds for 2018-19 fiscal years in this regard.
Meanwhile, Sheikh Hasina handed over the cheques for the seed money amounting to Tk 100 crore to the trust funds and organisations.
She donated Taka 10 crore each as seed money to Non-government Educational Institution Teachers-Employees Welfare Trust and the Non-government Educational Institution Teachers-Employees Retirement Benefit Board.    -BSS

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