ZCZC
BSS – 22
FUND-LABOUR-FOUNDATION
BLWF’s fund deposit exceeds Taka 300 cr
DHAKA, Nov 11, 2018 (BSS) – The deposit of Bangladesh Labour Welfare
Foundation (BLWF) under the Labour and Employment Ministry has exceeded Taka
300 crore, said an official release here today.
State Minister for Labour and Employment M Mujibul Haq said this while
receiving a cheque, donated by the Singenta Bangladesh Limited at the BLWF’s
fund at the Secretariat here.
Of the deposited amount of Taka 350 crore, the state minister said Taka 323
crore is being deposited under FDR, adding that Taka 2 crore is deposited as
cash at the fund.
So far, Haq said Taka 25 crore has been spent for the welfare of the
labourers.
A three-member team led by Singenta Bangladesh Limited’s Managing Director
AMM Golam Towhid handed over a cheque for Taka 23,40,656, one-tenth of its
total benefit of the last one year, to the state minister.
The Singenta has been donating its benefit to the Bangladesh Labour Welfare
Foundation fund since 2013.
As per the labour law, there is a provision to deposit one-tenth of the
total deposit of a company to the labour welfare foundation fund.
A total of 122 local, foreign and multi-national companies so far have
donated financial aid at the fund.
Director General of Bangladesh Labour Welfare Foundation Dr Anisul Awal,
Company Secretary and Head of Finance of the Singenta Bangladesh Limited M
Moshiur Rahman were present at the function.
BSS/PR/OG/ARS/1753 hrs