DHAKA, Oct 4, 2021 (BSS) - Bangladesh Postal Department's mobile financial 
service Nagad has signed an agreement with the Hindu Religious Welfare Trust, 
under the Ministry of Religious Affairs, for allowance disbursement. 

   Under the agreement, Hindu Religious Welfare Trust's stipend and other 
allowance beneficiaries can now receive their money via Nagad.

   The agreement was signed recently between the two parties. Nagad Executive 
Director Md. Shafayet Alam and Ministry of Religious Affairs Deputy Secretary 
Dr. Dilip Kumar Gosh signed the agreement on behalf of their respective 
sides, said a press release today.

   The Hindu Religious Welfare Trust Deputy Director Proshanto Kumar Biswas, 
Nagad's Head of External Affairs Lt Col Md Kousar Soukat Ali (retd), Deputy 
General Manager of External Affairs Asma Alamgir were present, among others, 
on the occasion.

   From now on, because of the deal, the Hindu Religious Welfare Trust will 
not have to distribute the allowance manually. The beneficiaries will get the 
allowance through Nagad instantly with lesser cost.

   "Nagad, from the beginning has been working with different government 
agencies and authorities. As a government service, we are happy to partner 
with Hindu Religious Welfare Trust," said Nagad Executive Director Md. 
Shafayet Alam.

   Ministry of Religious Affairs Deputy Secretary Dr. Dilip Kumar Gosh said, 
"Hindu Religious Welfare Trust every year disburse around Taka 5 crore to 
Taka 8 crore for monastery, temple, priest, education stipend and social 
welfare allowance,"

   He added, "This disbursement is a time consuming process. In partnership 
with Nagad we can minimize that time. Moreover, because of the reduced cost 
for Nagad, we can save money and add more beneficiaries."