Quarterly Kafaalat Cash Increased For Marginalized Households!
The BISP Program is now supporting over 9.3 Million households across Pakistan and soon this value will expand to 10 Million who will get the financial support of Rs 13,500 from the government. This new increased payment of Rs 13,500 will be given to beneficiaries from the starting month of 2025, and all the newly eligible registrants will receive this new Kafalat Quarterly installment.
The Government of Pakistan has now made a big announcement for the poor people in which they claimed that quarterly Kafaalat cash increased for marginalized people.
BISP Quarterly Payment Increased By Rs 3000
The Kafaalat initiative’s recipients will get higher quarterly payments from the Benazir Income Support Programme (BISP). The payout will increase by Rs 3,000, from the previous figure of Rs 10,500 every quarter to Rs 13,500, according to Chairman Rubina Khalid.
کفالت اقدام کے وصول کنندگان کو بے نظیر انکم سپورٹ پروگرام سے زیادہ سہ ماہی ادائیگیاں ملیں گی۔ چیئرمین روبینہ خالد کے مطابق ادائیگی میں تین ہزار روپے کا اضافہ ہو گا، جو کہ ہر سہ ماہی میں دس ہزار پانچ سو روپے کے پچھلے اعداد و شمار سے تیرہ ہزار پانچ سو روپے ہو جائے گا۔ بے نظیر کفالت پروگرام پاکستان کا سب سے بڑا کیش ٹرانسفر اقدام ہے جو ملک کی لاکھوں آبادی کو سپورٹ کر رہا ہے اور یہ سپورٹ صرف ان اہل گھرانوں تک پہنچائی گئی ہے جنہوں نے متحرک ڈائنامک سروے کے ذریعے اس میں رجسٹریشن کرائی ہے۔
Benazir Kafalat Program is Pakistan’s biggest cash transfer initiative that is supporting the millions of the country’s population and this support is only extended to eligible households who have registered in it via the NSER Dynamic Survey.
BISP New Kafalat Payment 13500 Starting From Jan
The 8171 has decided to increase its monthly stipend by 3000 Rupees for all 9.3 million beneficiaries in light of the Government of Pakistan’s announcement of the new Budget Package for the BISP Program. This increase is not one-time; starting in January 2025, all eligible and registered households will receive a new installment of Rs 13,500 after two months.
BISP Aims To Uplift Poor People Across Pakistan
The program’s long-term objectives of lowering extreme poverty and empowering women in accordance with the Sustainable Development Goals (SDGs) of the UN are to shield underprivileged households from the effects of inflation and growing food prices.
Over 9.3 million people are currently receiving assistance under the BISP Kafaalat program, and by the following year, 10 million families are expected to receive aid. The higher payment amount will be distributed to all registered households beginning in January 2025.
Government To Improve Accessibility For Beneficiaries
The government has also increased the number of banks from which recipients can withdraw their aid to increase accessibility. All recipients will be able to receive their monthly installments without any delays or deductions because they will be entering into contracts with six banks this time around rather than just one.
According to Rubina Khalid, the BISP has implemented a new financial structure that enables funds to be distributed to worthy women while leveraging the assets of up to six different institutions.
List Of New Eligible Banks For Kafalat Payment
The list of banks that have been contracted to handle payment distributions includes:
Conclusion
The increase in the BISP Kafaalat payment to Rs 13,500 per quarter is a significant step towards providing better financial support to marginalized households across Pakistan. Starting January 2025, this new installment will help over 9.3 million beneficiaries, with plans to expand to 10 million families. By partnering with multiple banks and implementing a streamlined payment system, the government aims to ensure ease and accessibility for all recipients.