PM to launch disbursement of cash aid to 50 lakh families today
Prime Minister Sheikh Hasina is set to launch today the disbursement of Taka 1,250 crore cash assistance among 50 lakh poor families hit hard amid the novel coronavirus (COVID-19) crisis.
Prime Minister Sheikh Hasina will formally inaugurate the distribution of Taka 2,500 to each of the 50 lakh destitute families, affected badly due to COVID-19 outbreak, through mobile financial services (MFSs) from her official Ganabhaban residence.
The total fund of Taka 1,250 crore will be distributed among the 50 lakh families through the mobile financial services (MFSs) – bKash, Rocket, Nagad and SureCash.
The total fund will be disbursed between May 14 and 18, and 10 lakh people will get the cash support through the MFSs every day.
Earlier on Monday, Finance Division has released Taka 1,257 crore for the cash assistance to the 50 lakh families.