The government is working to undertake some additional reintegration initiatives alongside the existing ones for the returnee migrant workers, said Expatriates' Welfare Minister Imran Ahmad yesterday.
He said this during an agreement signing ceremony between Probashi Kalyan Bank and Wage Earners' Welfare Board (WEWB) at the ministry, according to a press release.
Probashi Kalyan Bank Managing Director Mahtab Zabin and WEWB Director General Hamidur Rahman signed the agreement on behalf of their respective organisations, the release added.
Addressing as the chief guest, the minister said the ministry has already created a Tk 200 crore fund which will be disbursed as soft loan among returnee migrants who were affected by the coronavirus pandemic, for their sustainable reintegration.
Later, broader reintegration programme will be undertaken with the stimulus of Tk 500 crore announced by the prime minister, he said, adding, they were working for undertaking additional programmes for the reintegration.
He stressed for disbursing loan among migrants in group so that they can be benefited through cooperative.
Under the agreement, WEWB will provide the Tk 200 crore to the Probashi Kalyan Bank while the bank will disburse the money as soft loan at four percent interest rate among eligible applicants, said the release.
Returnee migrants who went overseas in regular way or sent remittance through authorised channel and family members of migrants who died with coronavirus infection will be eligible for the loan, it said.
They will have to use the loan as investment for small business, it added. Disbursement and management of the loan scheme will be implemented as per the rules formulated to this end.