Benazir Income Support Programme News

Introduction

Indeed, poverty and vulnerable citizens are some factors that really impacts the growth of a country. Indeed, same is the case with the country of Pakistan. According to resources, poverty has hit this country of Pakistan very hard. For the same reason, one of the political parties within Pakistan took an initiative. And, this initiative happened to be a giant leap in aspects of efforts. This refers to the “Benazir Income Support Programme”. In simple words, it can be described as a federal unconditional cash transfer poverty reduction program in Pakistan. It is one of the most crucial programmes currently active in Pakistan. This blog is going to be a complete guide on Benazir Income Support Programme. For the same reason, you will understand it in-depth. Whereas, the latest “Benazir Income Support Programme News” are also going to be included here.

“Benazir Income Support Programme” – All you need to know

As has been noted, Benazir Income Support Programme is poverty reduction program in the country of Pakistan. Evidently, it got launched and came into existence back in July of 2008. Hence, more than 16 years ago. An interesting fact to know here is that it was the largest single social safety net program to exist in Pakistan at the moment. And, in 2016 around 90 billion Pakistani Rupees which is equivalent to $900 million got distributed to a total of 5.4 million beneficiaries. Benazir Income Support Programme certainly often gets abbreviated as BISP. Evidently, this Pakistani programme is named after Benazir Bhutto, a prominent politician from Pakistan.

Latest Benazir Income Support Programme News Bulletins

• 23^rdSeptember 2024 – The BISP IFAD going to find and explore more livelihood opportunities for the beneficiaries of BISP.
• 20^thSeptember 2024 – The BISP and SBP are going to collaborate. Consequently, improved payment systems.
• 2^ndSeptember 2024 – A team-up between JazzCash and BISP. This is certainly done for their beneficiaries’ digital empowerment.
• 28^thAugust 2024 – In the newly merged tribal districts and areas of KP, BISP GIZ is going to boost social protection services.

Benazir Income Support Programme – More facts and information [Benazir Income Support Programme News]

• Evidently, this poverty reduction programme is a ‘Social Safety Net” to be specific. Without a doubt, this programme is known to focus on many aspects of society. This surely includes health, education, social Protection, reduce poverty and also enhancing financial capacity of poor people.
• Currently, the headquarters of Benazir Income Support Programme are situated in Islamabad, Pakistan. To be more specific, F-Block, Pakistan Secretariat, Islamabad, Pakistan.
• This programme has got its own ways of helping needy individuals of Pakistan in different aspects. One of them is certainly donations. Another example can certainly be ow they provide scholarships at different levels of education.
• Undeniably, the Government of Pakistan owns as well as controls the Benazir Income Support Programme. The post of ‘Chairperson of BISP’ is currently vacant for an unspecified reason.
• According to latest data, they have more than 2300 individual employees working for this programme. Lastly, their latest budget was reported to be USD 1.15 billion according to Benazir Income Support Programme News.

Benazir Income Support Programme – A social safety net for empowerment of Pakistan’s vulnerable population

As has been noted, the main purpose of this social safety net and poverty reduction program is to help the needy of Pakistan. BISP aims to reduce poverty by employing certain practices and some charity work. So far they have already helped so much with scholarships and donations. These are not stopping for sure. Whereas, the employees at BISP are constantly searching for new ways to help the people. This programme also wishes to support vulnerable families across the nation in different aspects of life. Evidently, Benazir Income Support Programme even puts a lot emphasis on empowerment of women in the country.

Eligibility criteria for becoming a part of Benazir Income Support Programme

• To receive cash payments under the Benazir Income Support Programme, a family should certainly earn less than PKR 6000 (USD 67) monthly.
• The presence of a female applicant who has a valid ID card is necessary.
• The individual who is applying to become a part of the BISP, the female should surely be a widow or divorced. And, should not have any male family members.
• Those families which have physically disabled or mentally disabled individuals are eligible.

Benazir Income Support Programme News – Who is not eligible for BISP?

• Employees of the Pakistani government, army, or any other government-affiliated agency are not eligible indeed.
• Individuals who have a regular pension or any other kind of post-retirement benefits coming from the government. They are not eligible as well.
• Family members should not have ownership of more than 3 acres of farmland. Also, those who own more than 80 square yards of residential land are also not eligible.
• Anyone who receives a regular income from any other sources can’t apply as well.
• Anyone owning a machine readable passport cannot be eligible.
• People with National Identity Card for Overseas citizens cannot apply surely.

Benazir Income Support Programme News – The Benefits

Families which are eligible receive a quarterly payment of PKR 8500. Surely, helping them in increasing their purchasing power of resources. However, there is also the option of receiving PKR 2833 every month. Indeed, most families with low income spend more than 50 percent of their income on food. For the same reason, this amount can surely help them. In fact, flour which can last for more than 20 days can be bought using this cash money received from BISP.

Conclusion

If you are a citizen of Pakistan. And, you meet the eligibility criteria of Benazir Income Support Programme. Then, you should surely take advantage of the benefits given by this programme. Consequently, you will have access to more resources than usual. In conclusion, this programmes are only for your benefit. And, lack of awareness causes people to not take advantage of it. Well, you got a lot of information and knowledge about it here. Hence, get started now.

FAQs

Q – Who is BISP named after?

Benazir Bhutto

Q – Where are the headquarters of BISP?

F-Block, Pakistan Secretariat, Islamabad, Pakistan

Q – Why are Benazir Income Support Programme News crucial?

It keeps the people of Pakistan updated with upcoming BISP schemes and latest developments.

[AUTHOR – PIYUSH CHAUHAN]