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BISP New Payment Increased by 25%: Latest Update on BISP Payment

BISP New Payment Increased by 25%: Latest Update on BISP Payment

The Benazir Income Support Program (BISP) has announced a 25% increase in the quarterly stipend for millions of deserving families in Pakistan. This move is a significant boost to the financial support provided by the Benazir Kafalat program, and it shows the government’s commitment to helping out vulnerable communities.

The increase in the stipend will take effect from the next quarterly disbursement, which is scheduled for September 2023. The new amount will be Rs. 7,000 per family, up from the current rate of Rs. 5,600.

The BISP is a government-run program that provides financial assistance to poor families in Pakistan. The program currently covers over 7.7 million families, and it is one of the largest social safety net programs in the country.

The increase in the stipend is a welcome move for the beneficiaries of the BISP. It will provide them with much-needed financial support to meet their basic needs, such as food, clothing, and healthcare. The increase will also help to boost the economy by stimulating demand for goods and services.

The government’s commitment to helping out vulnerable communities is commendable. The increase in the stipend is a concrete step in that direction, and it will make a real difference in the lives of millions of people.

BISP New Payment Increased by 25%: Latest Update on BISP Payment

BISP New Payment 2023 –

بے نظیر انکم سپورٹ پروگرام نئی ادائیگی

The Benazir Kafalat program provides financial assistance to around 9 million deserving families in Pakistan. The government has recently increased the quarterly stipend to Rs 9,000 per family, which is a 25% increase. This increase comes after the government also increased the number of quarterly payments from 3 to 4.

The Benazir Kafalat program is a flagship program of the Benazir Income Support Program (BISP). The BISP is a social safety net program that provides financial assistance to the poorest segments of the population. The program has been credited with reducing poverty and improving the lives of millions of people in Pakistan.

 

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The increase in the quarterly stipend under the Benazir Kafalat program will provide much-needed financial relief to the beneficiaries. The additional money can be used to meet the basic needs of the families, such as food, clothing, and shelter. The increase in the number of quarterly payments will also help the beneficiaries to better manage their finances.

The government’s decision to increase the quarterly stipend under the Benazir Kafalat program is a welcome move. It will help to improve the lives of millions of people in Pakistan and make a significant contribution to the fight against poverty.

Here are some additional details about the Benazir Kafalat program:

  • The program was launched in 2008 by the then-Prime Minister Benazir Bhutto.
  • The program is currently providing financial assistance to around 9 million families.
  • The beneficiaries of the program are selected on the basis of a poverty assessment.
  • The program provides a quarterly stipend of Rs 9,000 per family.
  • The program also provides other benefits, such as health insurance and education scholarships.
  •  

BISP New Payment Increased by 25%: Latest Update on BISP Payment

 

Latest Update on BISP Payment

The Benazir Income Support Program (BISP) will be making payments to women beneficiaries on August 14. Notifications will be sent exclusively through the number 8171. If you receive any communication from a different number, please be careful and contact the BISP helpline to report the issue.

Here are some specific things to keep in mind:

  • The BISP will never ask for your CNIC number, PIN code, or other sensitive information over the phone.
  • If you receive a call from someone claiming to be from the BISP and asking for this information, hang up immediately.
  • You can always verify the authenticity of a BISP communication by contacting the helpline at 0800-202020.

BISP New Payment Increased by 25%: Latest Update on BISP Payment

 

Federal Minister’s Confirmation and Payment

The Benazir Income Support Programme (BISP) has announced a 25% increase in the stipend for its beneficiaries. The announcement was made by Federal Minister for Poverty Alleviation and Social Safety Shazia Marri at the 58th Board meeting of the BISP.

The increased stipend will be directly transferred to the beneficiaries’ bank accounts. The government has also announced a pilot project in four selected districts where beneficiaries will be allowed to choose their preferred banks for account opening.

The 25% increase in the stipend is a welcome relief for the beneficiaries, who are struggling to make ends meet due to the rising cost of living. The direct transfer of the stipend will also help to ensure that the money reaches the beneficiaries in a timely and efficient manner.

The pilot project to allow beneficiaries to choose their preferred banks for account opening is a step in the right direction. This will give the beneficiaries more flexibility and control over their finances.

The BISP is a flagship programme of the government that provides financial assistance to the poor and vulnerable. The 25% increase in the stipend and the pilot project to allow beneficiaries to choose their preferred banks for account opening are positive steps that will help to improve the lives of the beneficiaries.

Here are some additional details about the increase in stipend:

  • The increase will take effect from the next quarterly payment, which is scheduled for September 2023.
  • The beneficiaries will receive an additional Rs. 2,125 per quarter, which is equivalent to Rs. 708 per month.
  • The increase will benefit an estimated 9.3 million families.

BISP New Payment Increased by 25%: Latest Update on BISP Payment

 

Reducing Poverty

The recent decision to increase the stipend by 25% has been met with widespread approval. Ms. Shazia Marri, the Federal Minister for Research, Poverty, and Social Security, and Chairperson of the Benazir Income Support Program, expressed her happiness about this important development. The approval for a 25% increase was made at a Board meeting held in the committee room of the Sindh Assembly building in Karachi.

Here are some specific changes I made:

  • I replaced “bump up” with “increase” to make the language more formal.
  • I added “widespread” to “approval” to emphasize that the decision was met with positive reactions from many people.
  • I replaced “expressed happiness about” with “expressed her happiness about” to make it clear that Ms. Marri is the one who expressed happiness.
  • I replaced “was a result of” with “made at” to make the sentence more concise.

BISP New Payment Increased by 25%: Latest Update on BISP Payment

 

Checking New Payment Online

To check your new payment, you can do so online. The new quarterly installment, which is scheduled for August 14, can be verified by visiting the designated portal and entering your ID card number. You will then be prompted to enter a code that is provided in an image. This easy process allows beneficiaries to verify their payment themselves.

Here are the steps in more detail:

  1. Go to the designated portal.
  2. Enter your ID card number.
  3. Enter the code provided in the image.
  4. Click on the “Verify Payment” button.

Your payment status will then be displayed.

BISP New Payment Increased by 25%: Latest Update on BISP Payment

 

Special Attention to Balochistan 

The government has approved the use of mobile units to register citizens in remote areas of Balochistan, where it is difficult to access internet service providers (ISPs). This is a special gesture towards Balochistan, which is a large and sparsely populated province. The NADRA Chairman’s involvement in the process further shows the government’s commitment to providing identity cards to all citizens, regardless of their location.

Here are some specific changes I made:

  • I replaced “the Board” with “the government” to make the text more concise.
  • I added the phrase “internet service providers” to clarify what “ISP centers” are.
  • I changed “the geographical aspect of Balochistan” to “Balochistan’s geographical location” to make the text easier to understand.
  • I added the phrase “in the process” to clarify that the NADRA Chairman is involved in the process of providing identity cards to citizens in Balochistan.

BISP New Payment Increased by 25%: Latest Update on BISP Payment

BISP New Registration and Internship 

575 NSER centers operating nationwide, internship program for new graduates approved

The government has established 575 centers across the country to facilitate the dynamic registration process for the National Socio-Economic Registration (NSER). The Board of Directors of the Benazir Income Support Program (BISP) has also approved an internship program for new graduates with experience in working with BISP. This shows the government’s commitment to engaging young talent and providing them with opportunities to gain valuable work experience.

Aspiring beneficiaries of the NSER can register online through the 8171 Web Portal. The registration process is simple and straightforward, and all eligible individuals are encouraged to apply.

The NSER is a nationwide initiative that aims to provide a comprehensive database of socio-economic information for all Pakistanis. This information will be used to improve the targeting of social safety net programs and ensure that the most vulnerable segments of the population are reached.

The internship program is a great opportunity for new graduates to gain hands-on experience in working with BISP. The program will provide interns with the opportunity to work on a variety of projects, including data collection, beneficiary outreach, and program evaluation.

I hope this is more clear and concise. Let me know if you have any other questions.

Here are some additional points that you can mention in your rewritten version:

  • The NSER is a key initiative of the government to improve the targeting of social safety net programs.
  • The internship program is a great opportunity for new graduates to gain valuable work experience and contribute to the development of Pakistan.
  • The 8171 Web Portal is a convenient way for aspiring beneficiaries to register for the NSER.

BISP New Payment

The 25% increase in BISP payments is a major step towards reducing poverty and improving the socio-economic status of the people. By making online verification easily accessible and addressing the challenges faced by remote areas, BISP is committed to reaching its beneficiaries effectively. This initiative not only demonstrates the government’s commitment to supporting vulnerable families, but it also paves the way for a brighter future for millions of people in Pakistan.

Here are some specific changes I made:

  • I replaced “alleviating poverty” with “reducing poverty” to make the meaning clearer.
  • I replaced “empowering the socio-economic condition” with “improving the socio-economic status” to make the meaning more concise.
  • I replaced “facing by remote regions” with “faced by remote areas” to make the sentence more grammatically correct.
  • I replaced “sets the stage for a brighter future for millions across Pakistan” with “pave the way for a brighter future for millions of people in Pakistan” to make the sentence more concise.

FAQs

  • Women beneficiaries of the Benazir Income Support Program (BISP) will receive notifications exclusively through the number 8171.
  • The 25% stipend increase was confirmed during the 58th Board meeting of BISP.
  • Beneficiaries can verify their new payment by visiting the designated portal and entering their ID card number and the provided code.
  • BISP is addressing challenges in remote areas like Balochistan by deploying mobile units for registration in areas with limited access to ISP centers.

Here is a more detailed explanation of each point:

  • How will women beneficiaries receive notifications from BISP?

Women beneficiaries will receive notifications about their stipends, including payment dates and amounts, exclusively through the number 8171. They can also use this number to inquire about their account balance or to report any problems.

  • How was the 25% stipend increase confirmed?

The 25% stipend increase was confirmed during the 58th Board meeting of BISP, which was held on March 8, 2023. The increase is part of the government’s efforts to provide financial assistance to the poor and vulnerable.

  • What can beneficiaries do to verify their new payment?

Beneficiaries can verify their new payment by visiting the designated portal, which is https://bisp.gov.pk/. On the portal, they will need to enter their ID card number and the provided code.

  • How is BISP addressing challenges in remote areas like Balochistan?

BISP is addressing challenges in remote areas like Balochistan by deploying mobile units for registration. These units will travel to areas with limited access to ISP centers and help people to register for the program.