The Benazir Income Support Programme (BISP) has been a cornerstone of Pakistan’s social welfare system, aimed at providing financial assistance to the most vulnerable segments of society. In a recent development, the government of Pakistan has taken significant steps to further expand the reach of this program.
Expansion of BISP Program
- Target Beneficiaries: The expansion aims to benefit the Nadra community, including beneficiaries of the Benazir Income Support Programme and the 8171 program.
- Meeting and Implementation: The government is actively conducting meetings to ensure the smooth implementation of this program.
- Agreement Details: Under this agreement, one crore new accounts will be opened for women beneficiaries across Pakistan.
New BISP Account Opening Details
- Number of Accounts: 1 crore new accounts will be opened.
- Bank Branches: Accounts will be opened in 70,000 branches across Pakistan.
- Bank Partners: Six major banks will be involved in this initiative.
Also Read: Date of 10500 BISP Kafaalat and Taleemi May Payment
Purpose of New Benazir Kafaalat Accounts
- Target Group: Accounts will be opened for women who have not yet registered with the Beneficial Dynamic Registry for Benazir Kafaalat.
- Financial Inclusion: This initiative aims to ensure financial inclusion for the most vulnerable segments of society.
- Previous Cases: This expansion is crucial, especially considering past instances where beneficiaries missed out due to not having their accounts registered.
BISP Payment Details
- Blocked Cards: Beneficiaries with blocked cards will be able to access their funds.
- Payment Schedule: BISP payments will continue from Monday to Saturday.
- Update Mobile Numbers: Women beneficiaries in Punjab can update their mobile numbers in the Bank of Punjab.
- May Payment: The 10500 rupees payment for the May translation is expected in the first week of May.
- Delay in Payment: There’s a slight delay, and the payment is now expected in the first week of July.
Who are the beneficiaries of this expansion?
The expansion aims to benefit the Nadra community, including beneficiaries of the Benazir Income Support Programme and the 8171 program.
How many new BISP accounts will be opened?
One crore new accounts will be opened.
When can beneficiaries expect their May payment?
The April payment of 10500 rupees is expected in the first week of May.
Conclusion
The expansion of the Benazir Income Support Programme is a significant step towards ensuring financial inclusion for the most vulnerable segments of society. With one crore new accounts being opened and payments scheduled to continue, this initiative will undoubtedly have a positive impact on the lives of countless beneficiaries across Pakistan.