Upcoming budget for 2020-21 fiscal
Social Safety Net: Expanded coverage to include 17 lakh more under existing schemes
The government is going to expand the purview of schemes forming the social safety net, aiming to bring close to 10 million (1 crore) citizens overall under its coverage in the coming budget for 2020-21 fiscal that will most likely contain the aftermath of the coronavirus epidemic in Bangladesh.
According to the sources, the allocation in this sector would be increased by Tk 1633 crore while the number of the beneficiaries will increase to 98 lakh (9.8 million) from existing 81 lakh.
In the coming budget the allocation will be Tk 76,000 crore while the amount is Tk 74,367 crore in the outgoing budget.
Finance Ministry sources said that generally each year the government does expand the number of beneficiaries of various social safety net programmes at ten percent rate.
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