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New payment model to pay cash thru bank accounts for BISP beneficiaries

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The Board of Benazir Income Support Programme in its 58th Board meeting gave approval to pilot a new Payment model under which the Benazir Kafaalat beneficiaries would be able to receive funds through bank accounts.

The cash assistance will be transferred directly to them through their bank accounts. The pilot of this new payment model will be introduced in four selected districts of the country. After the success of pilot, beneficiaries all over the country would be able to open-up their accounts in banks of their choice.

The Board meeting chaired by Ms. Shazia Marri, Federal Minister for Poverty Alleviation & Social Safety and Chairperson Benazir Income Support Programme was held in the committee room of Sindh Assembly Building in Karachi on Monday. BISP Board also approved the proposal of indexation committee to increase the stipend given to BISP beneficiaries by 25 percent. After the increase, the quarterly stipend will increase from 7000 to 8750 rupees.

The Board also gave approval to a proposal of using mobile units for registration of people in Balochistan and other remote areas where it was difficult for people to reach BISP centres. Members were of the view that Balochistan needed special attention given the geographical aspect of the province. Chairman NADRA, who was also attending the meeting, was asked to take extra efforts to help people make CNIC cards in remote areas of Balochistan.

BISP Board was informed that under the new process of dynamic registration of National Social Economic Registry (NSER), 575 centers has already been working in the BISP Tehsil offices throughout the country.

 

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