EFT system eliminates inconvenience of MPO-enlisted teachers: Education adviser
This has been achieved through the introduction of the Electronic Fund Transfer [EFT] system, which directly transfers salaries, retirement and welfare benefits to their bank accounts, he says
The long-standing hassle and inconvenience faced by MPO-enlisted teachers and employees of private educational institutions under the Directorate of Secondary and Higher Education have been resolved, Education Adviser Wahiduddin Mahmud said today (1 January).
"This has been achieved through the introduction of the Electronic Fund Transfer [EFT] system, which directly transfers salaries, retirement and welfare benefits to their bank accounts," the adviser said at an event organised by the Directorate of Secondary and Higher Education at the International Mother Language Institute in Dhaka.
Earlier, he inaugurated the online EFT-based transfer of MPO funds for teachers and staff.
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He also unveiled the online version of textbooks for the 2025 academic year on the NCTB website.
The education adviser said, "Out of 523 books, we had to make corrections and additions to 431. Additionally, this year we opted to print the books domestically instead of outsourcing them abroad. As a result, it took some additional time."
"We hope to ensure that all educational institutions receive the books within January," he said.
Bilquis Jahan Rimi, additional secretary, Budget-1 and national programme director of the Strengthening Public Financial Management Programme to Enable Service Delivery (SPFMS), made a presentation of EFT, while the session was presided over by Professor A B M Rezaul Karim, Director General of DSHE.
"This initiative will eliminate delays, save time, and ensure financial transparency and accountability in the payment process," Bilquis Jahan Rimi said.
Future plans include integrating iBAS++ with the Madrasa and Technical Education Directorates and creating Personal Ledger (PL) accounts for public universities to facilitate salary payments via the EFT system.
For the 2024-25 fiscal year, a budget allocation of Tk13,495.16 crore has been made for the Directorate of Secondary and Higher Education. Of this, Tk4,329.97 crore has been allocated for private colleges and Tk9,165.19 crore for schools.
Additionally, Tk5,073.58 crore and Tk450 crore have been allocated to the Madrasa Education Directorate and the Technical Education Directorate, respectively.
Currently, there are 19,847 MPO-listed institutions in the country, with a total of 398,068 MPO-listed teachers and staff. These include: 2,828 colleges with 68,949 MPO-listed teachers and 28,257 staff; 17,478 schools with 2,11,443 MPO-listed teachers and 89,419 staff; 8,229 madrasas with 138,559 MPO-listed teachers and 42,134 staff; and 2,282 technical education institutions with 16,557 MPO-listed teachers and 5,564 staff.
