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Nagad to Disburse Stipends to 54 Lakh Students in Bangladesh

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The Prime Minister’s Education Assistance Trust has announced its initiative to provide stipends to around 54 lakh underprivileged and meritorious students at the secondary level in Bangladesh through Nagad, a prominent mobile financial service provider. The aim is to ensure their enrollment in schools.

As part of the stipend disbursement program, students from classes six to ten will receive Taka 5,000 each as one-time assistance. Online applications for the stipends have already been submitted by disadvantaged students, with disbursements set to commence shortly.

Previously, this stipend was distributed through various channels, but concerns about alleged irregularities prompted the government to reconsider. To enhance transparency and efficiency, it has been decided to distribute this assistance solely through Nagad, according to a recent decision by the Directorate of Secondary and Higher Education under the Education Ministry.

Officials familiar with the matter reveal that stipends for secondary level students under the PM’s Education Assistance Trust were previously disbursed through multiple mobile banking services, including Nagad, and even through banks. However, various problems arose during these disbursements, making it challenging to ensure that the stipends reached the intended beneficiaries.

To address these issues, the decision was made to streamline the process through a single platform. Nagad was chosen due to its proven track record in successfully distributing primary education stipends to 1.5 crore students.

Moreover, Nagad is currently the largest mobile banking company in Bangladesh, with over nine crore registered customers and three lakh agent points nationwide, facilitating convenient money withdrawals.

Government agencies favor Nagad’s services due to its successful track record in disbursing government allowances and stipends. Additionally, Nagad’s lower costs make it a preferred choice for such initiatives.

In late January, the Prime Minister’s Education Assistance Trust issued a notification stating its intention to provide admission assistance to poor and meritorious students enrolled in secondary and equivalent levels in various educational institutions. Eligibility criteria include an annual parental income of less than Taka two lakh and considerations for children of employees in certain government sectors.

Since 2013, a fund of Taka 1,000 crore has been allocated under the PM’s Education Assistance Trust to provide one-time assistance to underprivileged and meritorious students at different educational levels. The assistance amounts have been fixed at Taka 5,000 for secondary level, Taka 6,000 for higher-secondary level, and Taka 10,000 for graduate and equivalent levels, as per government decisions.

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Russia Aims to Increase Foreign Student Enrollment to 500K by 2030

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Russian President Vladimir Putin aims to bolster the count of foreign students in the nation’s universities to at least 500,000 by 2030, as outlined in a decree setting forth national development objectives.

The decree stipulates, “The number of foreign students pursuing higher education in Russian higher learning institutions and scientific organizations should rise to at least 500,000 by 2030.”

As per the Russian Education and Science Ministry, the current tally exceeds 355,000 foreign students studying in Russian universities. Acting Minister Valery Falkov previously highlighted Russia’s position as the world’s sixth-largest host of foreign students.

TASS calculations reveal a notable surge of over 20% in foreign student enrollment across Russian universities over the past five years. Predominantly, foreign applicants admitted to Russian universities hail from China, Vietnam, former Soviet republics, as well as various Asian and Middle Eastern countries.

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Bangladesh losing top Buet engineers to employment abroad

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Bangladesh losing top Buet engineers to employment abroad

Calgary, a vibrant metropolis in Canada’s oil province of Alberta, is an unexpected home to over 1,000 Bangladeshi graduate engineers.

Remarkably, around 250 of them are from the prestigious Bangladesh University of Engineering and Technology (Buet). Living a vast distance away from their homeland, these engineers have built a strong community finding solace and support amongst classmates, alumni, and fellow Bangladeshis.

This phenomenon in Calgary reflects a larger trend unfolding across North America. The United States, a preferred destination for many educated Bangladeshi youths, likely houses significant numbers of these talented engineers seeking opportunities abroad.

This migration of talents begs this question: Why have these skilled professionals, after a privileged period of subsidised education that is funded with public money, embarked on journeys to be far from home shortly after graduation?

What does a life abroad offer?

What compels these engineers to seek greener pastures overseas? Is it a yearning for better career prospects, better lives, or a combination of factors?

“Bangladesh offers limited opportunities for research and advanced studies. Job prospects are restricted, with low salaries and a lack of social security,” a mechanical graduate from Buet remarked, requesting not to disclose his name. After initially moving to Denmark, this engineer eventually settled in Calgary, Canada.

Despite securing a managerial position at Titas, Bangladesh’s leading state-owned gas distribution company, following his graduation from Buet, this person chose to leave the role.

While the job offered lucrative prospects in Bangladesh, he explained his decision, saying, “Without engaging in corruption, it’s challenging to sustain a family solely on the salary provided in Bangladesh.”

More than 50% of Buet grads work abroad

According to the Buet Alumni Association, more than 50,000 have graduated from the university till 2023. Alarmingly, 50% to 60% of them are now working abroad.

Faculty and alumni of the university agree that the trend of leaving after graduation or post-graduation is growing. While there is no reliable data on the exact number of graduates leaving the country each year, the trend is undeniable.

Mahtabuddin, secretary general of the Buet Alumni Association, told the news reporter, “Graduates opt to go abroad because they don’t get the respect they deserve after studying at top institutions in the country.

“Engineers, for instance, don’t enjoy the same opportunities, facilities, or respect as those in the police or administrative cadres. They feel the country doesn’t value them, prompting many talented individuals to seek opportunities overseas.”

He added, “Although they excel in foreign companies, their talents remain underutilised at home.”

Md Jakaria Jalal, a Buet mechanical engineering graduate, now heads Strategy, Planning, and PR at the Basundhara Group. He explained, “Many are leaving for better prospects abroad due to poor job prospects here.”

Referring to his peers, he added, “Most of my 2002 mechanical engineering batchmates are working overseas as there are few jobs matching our qualifications here despite our large industrial sector.”

Highlighting the situation for Buet graduates, he said, ” After graduating abroad, they struggle to find jobs matching their skills back home. The salaries and quality of life abroad are far superior to what’s available here, making returning less appealing.”

How much is spent on a Buet grad

In 2022, the government spent Tk3.14 lakh on a Buet student, as reported by the University Grants Commission. However, when contacted, Buet’s examination controller officers could not provide consolidated data.

Nevertheless, an official from the examination controller office mentioned from past experience that the trend of pursuing higher education abroad is on the rise. After receiving their four-year honours results, students obtain provisional certificates to apply to foreign universities.

Teachers, and former, and current students see a recent surge in the trend of studying abroad, with roughly half of each session’s students opting for this path. Buet currently offers approximately 1,300 seats across 18 departments and 4 institutes spread across six faculties.

They attribute the primary reasons for leaving the country to the lack of a good work opportunity, inadequate pay for engineers, and, most importantly, the desire for a better life.

A special newsletter published by Buet Alumni in December 2023 offers a recent example of the status of graduates from each session employed abroad.

This newsletter specifically provides a professional summary of the 1987 batch of graduates. According to the statistics presented, over 60% of the 488 graduates from that batch are currently employed overseas, while the remaining are working in government and private institutions within the country.

Former Buet alumni currently working in Bangladesh note that historically, Buet graduates tend to pursue higher education abroad. Upon completion of their studies, many choose not to return because of highly paid jobs abroad.

Despite recent economic growth, challenges such as the Covid-19 pandemic and the Russia-Ukraine conflict have slowed down industrial sector growth, impacting the job market. This, coupled with economic instability, may further encourage graduates to seek opportunities abroad.

Though many graduates find employment abroad, some compete in the civil service exams at home and opt for the foreign service cadres or join the police, administration, or other departments. Additionally, they get hired as engineers by specialised government agencies.

Moreover, a considerable portion of graduates pursue careers as engineers in the private sector.

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‘Genuine’ SSC, HSC certificates for sale!

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Over the last couple of years, if one with ill intentions knew who to pay, he or she could obtain a “genuine” SSC or HSC certificate from the Bangladesh Technical Education Board (BTEB), regardless of his or her student status.

Be it to turn failing grades into passing ones, improve GPA, and obtain a certificate without even having to take the exams — all was made possible by one man on the inside: AKM Shamsuzzaman, a system analyst at the BTEB who charged between Tk 15,000 and Tk 50,000 to deliver each certificate.

The Detective Branch of police revealed how he operated after arresting him along with his accomplice, Faisal, from his Agargaon home early today.

According to Mashiur Rahman, deputy commissioner of Lalbagh Division DB, Shamsuzzaman sold over 5,000 forged certificates over the last couple of years

He began his operation by first stealing a substantial amount of the papers on which the BTEB printed genuine certificates.

He then printed fake certificates on genuine papers on his own initiative and sold them to clients.

As a final flourish of legitimacy, these certificates were uploaded to the board’s server database, allowing the clients to show verification if they were ever challenged.

Detectives are now trying to determine if he had more accomplices, the DB official said.

Speaking to reporters during the drive, Shamsuzzaman said he learned how to prepare the certificates from another system analyst who was also involved in the forgery.

He said he has so far produced and sold around 5,000 forged certificates and shared the profit with others involved in the operation.

DB chief Harun Or Rashid said, after receiving complaints, a DB official, using a false identity, contacted Shamsuzzaman for a fake certificate. He later delivered a certificate in exchange for Tk 35,000.

“One would pay depending on their requirement,” he said.

Many got successfully enrolled at colleges or universities with these forged certificates, the DB official said.

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