Nagad has been entrusted with the responsibility for disbursing financial assistance among the fire affected traders in Gopalganj's Kotalipara from the Prime Minister's Relief and Welfare Fund.
In the early hours of April 23, a fire, originating from a short circuit, burnt down several shops at Ghaghor Bazar in Kotalipara in to ashes.
Prime Minister Sheikh Hasina has already decided to help the fire victims from her own relief and welfare fund. Each of the affected businesses will receive a financial grant of Taka 25,000 from the Prime Minister. All preparations for aid disbursements have already been completed, said a press release.
Talking about the responsibility for distributing cash assistance among the fire victims, Muhammad Zahidul Islam, head of Public Communications of Nagad said, "Whenever we get any responsibility from the government, we carry out that flawlessly. We think that we're making great strides in establishing a cashless society in Bangladesh through digital disbursements of allowances and stipends."
During the pandemic times, the disbursements of Prime Minister Sheikh Hasina's Eid gifts among poor families started using Nagad. In its continuation, the MFS operator later successfully distributed primary stipends and social safety net allowances among the real beneficiaries.
Such flawless and transparent disbursements have been possible, thanks to the government's adoption of digital transaction process offered by Nagad, Zahidul noted.
Nagad has already become a role model in disbursing government allowances and other financial assistance. Its successful journey of reaching cash aid out to poor and helpless people began with the disbursement of PM's pandemic-time Eid gifts.
After that, the MFS carrier has continued to disburse stipends among 1.5 crore primary school students and social safety net allowances, such as old-age allowance, widow allowance, allowance for the underprivileged with special needs and students with special needs among 50 lakh beneficiaries.
