One-third of education institutions fake: Muhith

Finance Minister Abul Maal Abdul Muhith on Tuesday that one third of Monthly Pay Order (MPO) listed educational institutions were established without any motive.

Abul Maal came up with his allegation while he discussing on the supplementary budget in the parliament at noon.

He said, ‘In 1988, there were only nine thousand educational institutions. Now the number is around 28000. There are even some educational institutions where there are four teachers and one student.’

‘Our lawmakers raised voices on inclusion of educational institutions in MPO but did not raise voice against those institutions,’ he said.

The finance minister also said the educational institutions were once operated through personal initiatives and many individuals contributed in the expansion of education.

‘But it is the reality that many have been establishing educational institutions just because of the MPO,’ the minister added.