10.4 Million New Beneficiaries Added to BISP Program in 2024: Registration and Budget Increase Announced

10.4 Million New Beneficiaries Added to BISP Program in 2024: Registration and Budget Increase Announced

The Government of Pakistan has announced significant news for applicants of the Benazir Income Support Program (BISP). This year, BISP will add 10.4 million new beneficiaries, providing essential support to eligible women across the country. Those interested in receiving the monthly payment of Rs. 10,500, which may increase soon, should check their status online and register at their local BISP Tehsil Office.

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BISP Budget Increase: 27% Boost

In the 2024-25 budget speech, the Finance Minister, Muhammad Aurangzeb, highlighted a substantial 27% increase in the BISP budget, raising it to 593 billion rupees. This increase will significantly enhance the program’s capacity to support more beneficiaries and provide additional educational grants.

Key Announcements in the 2024-25 Budget

  • Budget Increase: The BISP budget has been increased by 27%, reaching 593 billion rupees to support underprivileged families.
  • Beneficiary Expansion: An additional 10.4 million beneficiaries will be included in the program this year, bringing the total number of women receiving payments through the Benazir Kafalat Program to 10 million.
  • Educational Grants: 100,000 more students will be added to the Benazir Taleemi Wazaif, providing financial aid for education.
  • New Initiatives: Introduction of the “Poverty Graduation and Skills Development” scheme alongside the extended BISP Kafalat program.

10.4 Million New Beneficiaries Added to BISP Program

Currently, beneficiaries receive Rs. 10,500, and this amount is expected to increase with the new budget. After allocating the Rs. 593 billion, the BISP team will finalize the new payment plan, ensuring that more money is available for deserving women.

Educational Support Expansion: Benazir Taleemi Wazaif

The Finance Minister announced that 100,000 additional children will be enrolled in the Benazir Taleemi Wazaif program. This initiative targets children who cannot attend school due to financial constraints, offering Rs. 4,500 every three months to support their education.

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Ongoing Registration Through Dynamic Survey

BISP Chairperson Rubina Khalid has emphasized the proper distribution of payments. The program is currently distributing April to June payments, ensuring beneficiaries receive funds respectfully and efficiently through BISP Campsites instead of retail outlets. Dynamic surveys are ongoing at these campsites, allowing recipients to complete their registration.

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Conclusion

The expansion of the Benazir Income Support Program (BISP) to include 10.4 million new beneficiaries in 2024 is a pivotal move in the government’s effort to support underprivileged families. With a 27% budget increase, bringing the total to 593 billion rupees, the program will provide enhanced financial assistance and educational opportunities. Eligible individuals should check their status online and register to take advantage of the increased support and resources. This initiative reflects the government’s commitment to alleviating poverty and improving citizens’ lives.

FAQs

How Many New Beneficiaries Will Be Added to BISP This Year?

10.4 million new beneficiaries will be added to the BISP program in 2024-25.

How Can I Check My Eligibility for BISP?

You can check your eligibility online through the BISP website.

Quick Details

AspectDetails
Budget Increase27% (593 billion rupees)
New Beneficiaries10.4 million
Total Beneficiaries10 million women
Educational Grants100,000 more students (Benazir Taleemi Wazaif)
New InitiativesPoverty Graduation and Skills Development

By enhancing the financial and educational support, the BISP program aims to improve the lives of millions, highlighting the government’s dedication to reducing poverty and fostering development.

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