Teachers’ Demands Fair, But 20% Hike Unaffordable: Adviser

Date:

Post View:

Teachers’ Demands Fair, But 20% Hike Unaffordable: Adviser

Chief Adviser of the interim government, Dr. Muhammad Yunus, has stated that the demands of MPO-listed teachers and staff of non-government educational institutions are justified.

However, he emphasized that due to the devastating impact of 15 years of rampant corruption and looting, the country’s economy, although showing signs of recovery under the interim administration, is not yet strong enough to accommodate a 20% increase in house rent allowance based on basic salary.

As a result, the government had to take a decision on the matter considering the current economic reality, according to a statement from the Chief Adviser’s Press Wing issued on Tuesday (October 21).

The statement announced that starting November 1 of this year, the house rent allowance for MPO-listed teachers and employees in private educational institutions will be increased by 7.5% of their basic salary. Additionally, another 7.5% increase will be implemented starting July next year.

Over the past few days, Dr. Yunus has held a series of meetings with various advisers to discuss the demands of these teachers. Among those involved were Education Adviser Professor Dr. C. R. Abrar, Finance Adviser Dr. Salehuddin Ahmed, and Planning Adviser Wahiduddin Mahmud.

The Chief Adviser extended special thanks to all involved, particularly to Education Adviser Dr. C. R. Abrar, for their tireless efforts in resolving the issue. He also expressed hope that the protesting teachers would return to their classrooms with renewed energy and continue contributing to the development of the next generation.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

AIBL Joins BB’s Refinance Scheme for Export Diversification

Al-Arafah Islami Bank PLC has signed a participation agreement...

Sonali Bank to collect Shahidullah College fees online

Sonali Bank PLC will collect students’ tuition, admission, examination...

Reliance one investment breaches regulatory limit

An investment by Reliance Insurance Mutual Fund’s first scheme,...

DSE may launch derivatives trading in January 2028

The process of introducing derivatives as a new financial...