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New Electricity Subsidy proposal on cards as Pakistani govt, BISP collaborate for Lifeline Support

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BISP Electricity Relief – Electricity prices in Pakistan are all-time high as people with inflated power bills are bearing brunt of aggressive taxation amid tax reforms.

Amid record-high power bills, the federal government is working on a subsidy plan for millions of low-income power consumers through Benazir Income Support Program (BISP).

Sources claimed that the proposal will soon be submitted to Federal Cabinet for changes. Power Division, working with BISP, proposed new Electricity Subsidy Program to shift from broad, untargeted subsidy to a more focused one for disadvantaged households across Pakistan.

Under the initiative, Benazir Income Support Programme will help identify and select eligible families.

Benazir Income Support Programme, in consultation with Power Division, is setting eligibility criteria for the subsidy. Power Division will also determine number of subsidies available.

Families are being registered with BISP database. Power Division will work with central bank to engage financial institutions and banks for the implementation and payment processing of the subsidy, including managing bill collection through Pakistan Post, commercial banks, and mobile banking.

A risk assessment of the subsidy design will be conducted by the Power Division to ensure proper safeguards. BISP will use the National Socio Economic Registry (NSER) database to identify potential beneficiaries and share this information with the Power Division. APIs will facilitate system-level data integration.

National Socio-Economic Registry (NSER) database will be encouraged to register through 647 Dynamic Registration Centres (DRCs) set up in each Tehsil across the country.

After the complete process, those who are eligible will get SMS about their inclusion in the subsidy program.

Benazir Kafalat Program 2024; Check Latest Update with CNIC Online

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