Sewing thread manufacturer Amann Bangladesh Limited has contributed BDT 6 lakh to the workers’ welfare fund of Bangladesh, which has been built by the Government as a safeguard source of reserve to assist workers injured in workplace accidents.
Md Rokonuzzaman, managing director of the Germany-based firm, handed over the cheque of BDT 6.23 lakh to State Minister for Labour and Employment Md Mujibul Haque at the latter’s Secretariat office on November 7, 2018. The minister accepted the sum with gratitude.
Among others who were present in the programme were Secretary for the Ministry of Labour and Employment Afroza Khan, Workers’ Welfare Foundation’s Director General Dr Anisul Awal, and Finance Director for Amman Bangladesh Amzad Hossain.
WHAT IS THE FUND FOR?
Bangladesh Government has created the fund for workers, where companies deposit one tenth of their annual net profit, in line with the labour law. So far, 122 local, foreign and multinational companies have chipped in to create a fund of almost BDT 312 crore.
Junior Minister Haque said, the fund is being directed towards financial aid and benefit of workers engaged with the professional and non-professional sectors of the country.
HOW IS THE MONEY BEING USED?
Bangladesh is giving BDT 2 lakh financial assistance to any worker who has died at the workplace, BDT 1 lakh for any worker who sustained incurable ailment, BDT 3 lakh for education of their children in state-run engineering, textiles or agricultural universities.
Recently BDT 30,000 was handed over to a carpenter Shyamal Kumar in Sirajganj after reports were published in newspapers that his meritorious son Shuvo Kumar could not pay the admission fees for Dhaka University due to financial disability.
The money was disbursed from the workers’ welfare fund, according to ministry sources.