Government Allocates Rs 600 Bn Budget For New BISP Installments
8171 Benazir Program has received its new Fiscal Year Budget from the Government of Pakistan, which increased by 27% this year. This time, the program will receive more than 600 billion rupees to unconditionally support more beneficiaries while increasing the amount given at each quarterly installment as well.
By the end of December, the BISP Program will add 700,000 More families to the program and increase its Kafalat Payment from 10,500 to 13500 for all 10 million beneficiaries.
New BISP Budget For FY 2024-25: Increasing New Installments
A 27% increase in funding for the Benazir Income Support Programme (BISP) has been announced by the Federal Government for the upcoming fiscal year 2024–2025.
وفاقی حکومت کی جانب سے آئندہ مالی سال 2024-2025 کے لیے بے نظیر انکم سپورٹ پروگرام کی فنڈنگ میں 27 فیصد اضافے کا اعلان کیا گیا ہے۔ کیونکہ بے نظیر انکم سپورٹ پروگرام کی چیئرپرسن نے جنوری 2025 میں اعلان کیا تھا کہ بی آئی ایس پی تحصیل آفس میں اپنا شناختی سروے مکمل کرنے والوں اور دسمبر 2024 کے آخر تک پروگرام میں دوبارہ سروے کرنے والوں کے لیے نئے کفالت کوئسٹ میں تین ہزار روپے کا اضافہ ہوگا۔ اس اضافے کا بی آئی ایس پی کفالت پروگرام کی طرف سے دی گئی نئی قسطوں پر بہت زیادہ اثر پڑتا ہے۔
The new installments given out by the BISP Kafalat Program because the Chairperson of the Benazir Income Support Program announced in January 2025 that the new Kafalat Quist will increase by Rs 3000 for those who complete their CNIC Survey in the BISP Tehsil Office and those who re-survey in the program by the end of December 2024, this increase has an enormous impact on the new installments given out by the BISP Kafalat Program.
In the new budget, the government provides a 27% increase in BISP
During Bugdet’s release, the Ministers emphasized the importance of continuing support through the BISP Program. Aurangzeb stated that the current coalition government aims to assist the weaker segments of Pakistani society to the greatest extent possible, while stating that financial assistance will continue under the BISP for these segments.
BISP funding will be increased by 27% in the upcoming fiscal year, up to a maximum of Rs. 593 billion.
In Pakistan, the BISP 13500 Kafalat payment will start soon
Benazir Income Support Program has announced a 20% increase in quarterly payments in response to President Asif Ali Zardari’s directive and the government’s decision. A brand new, open banking system will enable all qualifying women to receive Rs 13,500 starting in January 2025, as the government has allocated a larger budget to the program this time around.
They can obtain their 13,500 rupees by biometric verification at any ATM that has been designated, saving them time and energy.
In conclusion
As a result of the government’s 27% increase in BISP funding, beneficiaries across Pakistan will receive significant support. BISP is taking important steps to provide greater financial relief by adding 700,000 more families and increasing Kafalat payments from Rs 10,500 to Rs 13,500.
Beneficiaries are encouraged to complete the CNIC survey at BISP Tehsil offices before December 31 to ensure continued support for those in need. The changes will begin in January 2025.