Benazir Income Support Money 2023

The Benazir Income Support Programme (BISP) was established by the Pakistan People’s Party (PPP) government in 2008. It has two major components: a social safety net for the poor and a financial aid scheme to help those who can’t make ends meet. As of the end of 2016, the scheme was operating in the federal and provincial capitals of the country, providing support to over 230,000 people.

BISP is a social safety net program in Pakistan

The Benazir Income Support Programme (BISP) is one of the leading cash transfer programs in Pakistan. In addition to monetary assistance, it aims to enhance the lives of poor women through education, health and support in the labor market.

The program was initially launched by the government of Pakistan in 2008. It was designed to help mitigate the negative impact of food crises. After its initial launch, the program grew to include other benefits to poor families. Eventually, it became the country’s largest cash transfer program.

Before the program’s implementation, a majority of households had no TV, washing machine or motorcycle. However, in the months following the program’s implementation, the number of beneficiaries with TVs increased from 12.2% to 21.2%, while the percentage of households with motorcycles increased from 0.6% to 2.6%.

It was launched by the PPP government in 2008

The Benazir Income Support Program (BISP) was launched by the PPP government in 2008. It is named after former Pakistani prime minister Benazir Bhutto and is intended to help the country’s poorest citizens. In the years that followed, BISP has expanded, with over 5.4 million women now receiving direct cash grants.

A key component of the program is a debit card called the Benazir Debit Card. The card was distributed to nearly 700,000 households across the country. This will be the primary payment mechanism for BISP. Several private banks have signed agreements with the programme.

The program also includes a pilot health insurance scheme and an expansion of the skills development program. During the past year, 5.4 million women have received a total of Rs90 billion in cash grants.

There are only 230,000 beneficiaries in Balochistan

The Benazir Income Supplement Programme is a philanthropic initiative of the government of Pakistan to help a select group of eligible families achieve financial independence. The aforementioned program entitles nearly 2.4 million households to a monthly payout of about RS3000. Aside from a hefty monthly grant, recipients can expect their local governments to cover the cost of health insurance and child care services. In short, BISP enables thousands of vulnerable citizens to take their first steps into the world of work. Sadly, many beneficiaries end up stuck in the lurch.

However, there is still a silver lining to the cloudy skies. Among the countless microfinance institutions that dot the landscape, there is a select few that are doing the heavy lifting.

It is a conditional cash transfer program in Latin America with greater degrees of success

The Benazir Income Support Program (BISP) in Pakistan is one of the first conditional cash transfer programs to be implemented in a country with a high proportion of impoverished families. A cash payment of RS 3000 bi-monthly is paid to poor households under the program.

The cash payments are given in exchange for the completion of a number of obligations, such as regular visits to healthcare facilities. This program was designed to improve health outcomes for children and increase household income.

However, the program has faced criticism. Critics point to several flaws in the program’s design. Some of the criticisms are based on the lack of conditionality. While these criticisms may be valid, there are other aspects to the program that have also been found to be effective.


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