One-third CSR fund must be spent for education: Atiur


Bangladesh Bank (BB) governor Dr Atiur Rahman has said the financial institutions must spend one-third of their CSR funds for educational purposes. “Corporate social responsibility (CSR) fund must be spent for education purposes, including providing scholarship to students from disadvantaged families living in remote areas like chars and haors,” the central bank governor has said while addressing a programme at Nabab Nawab Ali Chowdhury Senate Bhaban on the Dhaka University campus.

BacBon Foundation, BacBon Ltd and Center on Budget and Policy of DU jointly organised the programme – the ‘First International Conference on Digital Education’. Dr M Abu Eusuf, director of the centre, presided over the programme. Dr Atiur said the educational CSR support was about Tk2340 million (Tk234 crore) in 2014 and first half of 2015. Besides, he said, the BB has provided regulatory space for developing e-commerce, outsourcing, and software development, which are enabling thousands of youths to get jobs and motivating some of them to emerge as successful entrepreneurs. Appreciating the conference organisers, he said it’s very heartening to see that alongside the government and private initiatives, the young generation is also taking many innovative initiatives to materialise the dream of ‘Digital Bangladesh. He also appreciated the BacBon Foundation for its support to the disadvantaged students and their teachers in distant rural areas in terms of providing quality education lessons through multimedia facilities under its ‘e-Education Project’, according to a news agency.