Ensure that besides stipends, loan assistance also reaches small entrepreneurs: Dr Fahmida Khatun

Published in The Daily Star on Sunday 29 August 2020

Future of G2P in Bangladesh: The case of social protection system

The Daily Star in association with Policy Research Institute (PRI) of Bangladesh organised an online discussion titled “Future of G2P in Bangladesh: The case of social protection system” on August 06, 2020. Here we publish a summary of the discussion.

Dr Fahmida Khatun, Executive Director, Centre for Policy Dialogue (CPD)

Those who need aid from social safety net programmes are excluded from the list whereas those who do not need this aid are in the list. We can do need assessment if we can prepare lists by utilising technology from the very beginning, to fix this exclusion and inclusion error.

We should ensure that besides stipends, loan assistance also reaches the small entrepreneurs, especially women, in both urban and rural areas, and farmers and other people in such occupations, through MFS. We can utilise e-KYC for providing these services as well. The effectiveness, efficiency, and transparency of all these services, including data preparation and selection, must be ensured from the beginning. BBS can help in this regard. Inclusive lists can be prepared by involving the local administration and the local NGOs. The overall efficiency will increase if we can bring everyone under MFS.