Business
Good News! BISP beneficiaries To Get Rs9,000 From Today
The good news is… The Benazir Income Support Program’s regular monthly payment of nine thousand rupees began today. This payment is now 25% higher than the original. The original amount of 8750 rupees was increased to 9000 rupees for this payment.
As of today, Monday, June 19, 2023, you will begin receiving this episode. The HBL ATM network makes it simple to obtain this installment. In this section, you will find information about where to register and whether or not you qualify to get the funding.
A lot of people have gotten 8171 messages informing them that their funds are ready for collection. If you are receiving funds from the Benazir Income Support Program and have not received this notification, you can verify your eligibility through the program’s website.
Where Can I Find Out If I am Eligible?
The process for qualification is straightforward.
- Provide your National ID card number in the designated online form.
- And Type in the Code Displayed on the Image
- You can pick up your cash at the nearest cash center if you qualify.
Instructions for Registering:
The good news is that new registration has begun by the Benazir Income Support Program, so if you are unemployed and not enrolled in the program, you can now contact the Benazir Taseel office in your area. and it is required that you sign up for an account from which all of your data will be collected.
Verification Check 8171:
You will need to re-verify your qualifications after registering.
- Simply text your National ID number to 8171.
- Since the instruction to receive funds is an SMS, you’ll need to do this from your SIM.
- Your eligibility status will be communicated to you promptly.
Budget for 2023/2024:
According to Shazia, the recipients are entitled to the full sum set aside for them, and they should make a claim for its receipt.
She added that the funds for the academic scholarships’ January-March distribution were also made available. She also mentioned that mothers whose children have an attendance rate of over 70% are eligible for this payment.
The BISP is the government’s flagship program, and it’s responsible for a wide range of social welfare initiatives.
Early this month, the federal government bumped the program’s budget from the previous year’s Rs360 billion to this year’s Rs450 billion, a 25 percent increase.
During the previous fiscal year, the government boosted the money allocated for the initiative to Rs400 billion, an increase of 12.5 percent.
9.3 million Families would receive aid each quarter during the 2023-24 fiscal year. With an additional grant of Rs55 billion, the number of children eligible to receive Benazir Education Stipends has grown from 6 million (52% of whom are females) to 8.3 million.
With an allocation of Rs6 billion, the Benazir Undergraduate Scholarship program could reach 92,000 students, and with an allocation of Rs32 billion, the Benazir Nashonuma program could reach 1.5 million people.
A total of Rs35 billion was set aside to subsidize the purchase of staples including rice, sugar, lentils, and ghee for those in need.
The government also removed a 10% regulatory fee on the import of used clothing, which is typically purchased by persons with lower incomes.
Starting on July 1, 2023, the National Savings Centers (NSC) will implement a new micro deposits system targeted at low-income people. Users will also have the option to create digital accounts.
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