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BISP marks remarkable progress in alleviating poverty: Shazia

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Federal Minister for Poverty Alleviation and Social Safety (PA&SS) and Chairperson Benazir Income Support Programme (BISP), Shazia Marri Monday said that BISP has marked remarkable progress in alleviating poverty through achieving key milestones during the present government’s tenure.

In a statement issued here, the minister highlighted that Benazir Kafaalat programme, which provides essential financial support to deserving families, witnessed an impressive increase in coverage from 7.6 million to nine million families and this expansion reflects the programme’s commitment to inclusivity and reaching those most in need.

In a significant boost to the welfare of beneficiary families, the cash transfer stipend amount was increased by 25 percent, raising it from Rs 7000 to Rs 8750 per quarter per family.

This increase has provided much-needed relief and support to vulnerable households.

The government’s commitment to social welfare was evident as the budgetary allocation for BISP was significantly increased from Rs 235 billion in FY 2021-22 to Rs 404.2 billion in FY 2022-23, representing a remarkable 72% increase.

This financial commitment underscores the government’s dedication to uplifting the less privileged.—APP

 

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