The government of Pakistan has taken a step towards improving the financial assistance process for the beneficiaries of Benazir Income Support Programme (BISP) by introducing a new mechanism of sending payments directly into the bank accounts of the beneficiaries. This was announced by Federal Minister for Poverty Alleviation and Social Safety, Shazia Marri, who is also the chairperson of BISP.
The new system will be launched as a pilot project in order to test its effectiveness and efficiency before it is expanded to the entire country. This new method of payment will not only help the beneficiaries to avoid standing in long queues for financial assistance but also enable them to save some of their amount in the banks.
The Federal Minister also announced that 25 mobile units of BISP will be established in Balochistan for the registration of beneficiaries. This move is in line with the government’s efforts to increase the outreach of BISP in the country, particularly in underprivileged areas.
Last year, Prime Minister Shehbaz Sharif had announced an increase in flood relief assistance under BISP from Rs 28 billion to Rs 70 billion. This new mechanism of direct bank transfers is another step towards fulfilling the government’s promise to improve the lives of the underprivileged population of Pakistan.
In conclusion, the government of Pakistan has introduced a new mechanism of direct bank transfers for the beneficiaries of Benazir Income Support Programme (BISP) to ease the process of financial assistance and increase the outreach of the program in underprivileged areas of the country.
