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BISP Allocates Rs 471 Billion Budget
BISP Allocates Rs 471 Billion Budget for Poor Families Financial Year 2024. Benazir Income Support Program has allocated the budget for the current financial year. A record budget of 471 billion rupees has approved by the Government of Pakistan. The budget of all programs of Benazir Income Support Program has allocated by the Government of Pakistan. Benazir Income Support Program given in the meeting has approved to eradicate poverty and provide security.
Benazir Income Support Program Chairperson Rubeena Khalid has allocated the overall budget, which includes all ISP programs. The budget has allocated for the Benazir Kafalat program, development program, educational scholarships undergraduate scholarships, etc. This is good news for those eligible under the Benazir Income Support Program as the payouts for all BISP programs will now increased.
Benazir Income Support Program has taken measures for women’s empowerment and social security. In an important development, the 60th board meeting of the Benazir Income Support Program has held, the budget has allocated for the Benazir Income Support Program under the chairmanship of the Federal Minister and Chairperson BISP. A record budget of 471 billion rupees has allocated by the government of Pakistan.
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32 Billion 27 Crore For The Benazir Nashonuma
The budget of all assistance programs of the Benazir Income Support Program has increased. Nishnuma Program is a support program of BISP especially for women. Pregnant women, lactating mothers, and mothers of children under two years of age receive assistance in this program. 32 billion 27 crore rupees have allocated for this. Fifteen lakh people are benefiting from this program.
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361 Billion 50 Crore For the Kafaalt Program
In the approved budget for Benazir Income Support, 361 billion 50 crores of the total budget has spent on the Benazir Kafalat program. Under this, 93 lakh deserving families have benefited, the Kafalat program is a poverty alleviation and social security program.
Kafalat programs provide quarterly assistance to the needy. The highest budget has allocated for this program by the government because many people get more people in this program. Kafalat BISP Kafalat is designed for women belonging to poor and deserving families. Through this program, quarterly assistance is provided to women, under which they get help in meeting their basic needs. Aid money is released to women through Campside, apart from ATM withdrawal facilities are also provided.
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55 Billion 40 Crore For Educational Scholarships
The Benazir Education Scholarship Program is also one of the ISP program assistance programs. This program assists the students belonging to the poor class who are deprived of the wealth of education. A budget has allocated by the government for the education scholarship program. An amount of 55 billion 40 crore rupees has approved for this program, and 92 lakh students have benefited under this program.
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6 Billion Budget For Undergraduate Scholarship
Students who are anxious to complete their education are facing other difficulties besides being unable to buy food at a time in this era of inflation. Undergraduate scholarships will awarded to them by the government, a budget of six billion rupees has allocated for the students in this program. The government has announced to expand the scope of aid programs, the undergraduate scholarship program provides assistance to disadvantaged students.