Bisp Budget 2023 450 billion
The Benazir Income Support Program (BISP) budget has been increased by 25% to Rs 450 billion compared to the government’s budget of Rs 360 billion.
The federal government had earlier increased the budget allocated for the project by 12.5 percent, bringing the amount to Rs 400 billion.
The flagship program of the government, BISP, administers several programs for the welfare of oppressed groups.
Table of Contents
Kafalat Scheme 2023-2024:
Under Benazir Kafalat Scheme Program, for which RS, (364) billion has been allocated, (9.3) million families will be given quarterly assistance of Rs (8,750) during the financial year 2023-2024. Due to the pace of inflation, the money is likely to increase further.
With a grant of RS, (55) billion, the target population of Benazir Education Scholarship has increased from 6 million beneficiaries (52% women) to (8.3) million.
With the help of RS, 6 billion, 92,000 students will get unique undergraduate scholarships, and support of RS, 32 billion, up to 1.5 million more people will now benefit from the Benazir Nashunoma initiative.
Ehsaas program budget :
In the Ehsaas Ration Program, RS, 35 billion has been earmarked for giving specific subsidies to deserving people on rice, sugar, pulses and ghee. Which will be given to the public in the new financial year.
Related: 8171 web portal 25000 program
From July 1, 2023, a new micro-deposit program for low-income families will be launched by the National Savings Centers (NSC) with a higher rate of return.
In this program, users will be given the opportunity to create digital accounts.
The Last Word:
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