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

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

Millions of deserving families in Pakistan are set to receive uplifting news from the Benazir Income Support Program (BISP). In a momentous development, the government has decided to enhance the quarterly stipend by 25% under the Benazir Kafalat program. This substantial raise reflects the government’s dedication to assisting vulnerable communities and further emphasizes their commitment to providing increased financial aid.

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

BISP New Payment 2023    

The Benazir Kafalat program has provided financial aid to approximately 9 million deserving families. In a recent update, the government has raised the quarterly stipend for each family to Rs 9,000, marking a 25% increase. This adjustment follows an increase in the frequency of quarterly payments.

بے نظیر کفالت پروگرام نے تقریباً 9 ملین مستحق خاندانوں کو مالی امداد فراہم کی ہے۔ ایک حالیہ اپ ڈیٹ میں، حکومت نے ہر خاندان کے لیے سہ ماہی وظیفہ بڑھا کر 9,000 روپے کر دیا ہے، جس میں 25 فیصد اضافہ ہوا ہے۔ یہ ایڈجسٹمنٹ سہ ماہی ادائیگیوں کی تعدد میں اضافے کے بعد ہے۔

Latest Update on BISP Payment

The most recent update from BISP announces the upcoming payment on August 14. To simplify the process, only the number 8171 will be used to send notifications to female beneficiaries of the Benazir Income Support Program. It’s crucial to be aware that any communication from a different number should be approached cautiously. In such instances, beneficiaries are advised to reach out to the BISP helpline to report the matter.

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

Federal Minister’s Confirmation and Payment

During the 58th Board meeting of Benazir Income, Federal Minister Shazia Marri officially announced a 25% increase in the stipend amount. This approval guarantees the improved financial support for account beneficiaries. The raised cash assistance will now be directly deposited into the recipients’ bank accounts. Furthermore, a pilot program for a new payment model will be implemented in four specific districts. If this pilot proves successful, it will give beneficiaries across the country the option to select their preferred banks for opening their accounts.

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

Reducing Poverty

The recent announcement to increase the stipend by 25% has been received with great enthusiasm. Ms. Shazia Marri, the Federal Minister for Research, Poverty, and Social Security, as well as the Chairperson of the Benazir Income Support Program, expressed their satisfaction with this significant progress. The decision to approve the 25% raise was made during the Board meeting held in the committee room of the Sindh Assembly building located in Karachi.

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

Checking New Payment Online

For individuals wishing to confirm their new payment, the procedure is quite straightforward. The upcoming quarterly installment, scheduled for August 14th, can be authenticated through online means. Recipients can access the assigned platform and input their identification card number. Subsequently, they will be prompted to enter the code displayed in the image. This simple process enables recipients to independently validate their payment.

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

Special Attention to Balochistan 

Acknowledging the challenges experienced by remote regions such as Balochistan, the Board has sanctioned the utilization of mobile units to carry out registration processes. These units will be dispatched to locations where it is difficult to access ISP centers. The particular focus on Balochistan’s geographical characteristics underscores the government’s dedication to ensuring equal participation. The participation of the NADRA Chairman additionally reinforces endeavors to distribute identity cards in the distant areas of Balochistan.

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

BISP New Registration and Internship 

A total of 575 centers are currently functioning nationwide as part of the National Socio-Economic Registration (NSER) dynamic registration process. The approval from the Board for an Internship Program targeting recent graduates with experience in BISP demonstrates a dedication to involving youthful talent. Moreover, individuals looking to become beneficiaries can register through the 8171 Web Portal.

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

 

BISP New Payment

The 25% rise in BISP payments marks a noteworthy stride in reducing poverty and enhancing socio-economic circumstances. Through the implementation of user-friendly online verification and tackling obstacles in distant areas, BISP is firmly devoted to efficiently reaching its recipients. This endeavor not only demonstrates the government’s commitment to uplifting disadvantaged households but also paves the way for a more promising outlook for countless individuals throughout Pakistan.

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

FAQs.

How will women beneficiaries receive notifications from BISP?

Notifications will be sent solely to female beneficiaries via the number 8171.

How was the 25% stipend increase confirmed?

During the 58th session of the Board meeting for the Benazir Income Support Program, it was officially verified.

What can beneficiaries do to verify their new payment?

Individuals have the option to access the specified portal, where they can input their ID card number along with the provided code.

How is BISP addressing challenges in remote areas like Balochistan?

Mobile registration units will be deployed to reach areas that have limited accessibility to ISP centers.