From now on, the Hindu Religious Welfare Trust does not have to distribute the allowance manually at a lesser cost
Bangladesh Postal Department’s mobile financial service Nagad has signed up an agreement with the Hindu Religious Welfare Trust, under the Ministry of Religious Affairs, for allowance disbursement.
According to a press release, under the agreement now Hindu Religious Welfare Trust stipend and other allowance beneficiaries can receive their money via Nagad.
Recently the agreement was signed between the two parties.
Nagad Executive Director Md Shafayet Alam and Ministry of Religious Affairs Deputy Secretary Dr Dilip Kumar Gosh signed the agreement of behalf of the respective parties.
The Hindu Religious Welfare Trust Deputy Director Proshanto Kumar Biswas; Nagad’s head of external affairs Lt Col Md Kousar Soukat Ali (retd) and Deputy general manager of external affairs, Asma Alamgir were present on the occasion among others.
From now on, the Hindu Religious Welfare Trust does not have to distribute the allowance manually.
At a lesser cost, the beneficiaries will get the allowance through Nagad.
“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 Md ShafayetAlam.
Ministry of Religious Affairs Deputy Secretary Dr Dilip Kumar Gosh said: “Hindu Religious Welfare Trust every year disburses around Tk5 crore to Tk8 crore for monastery, temple, priest, education stipend and social welfare allowance.”
He added: “This disbursement is a time-consuming process and with a partnership with Nagad we can minimize that time. Moreover, because of the reduced cost for Nagad, we can save money and add more beneficiaries.”