New Updates on BISP
The Benazir Income Support Program (BISP) has always been a lifeline for millions of women across Pakistan. As we head into 2024 and 2025, the Government of Pakistan has announced several major updates and Programs aimed at expanding the program’s reach, increasing financial assistance, and ensuring a smoother Payment Process.
These changes bring new opportunities for both existing beneficiaries and those who are newly eligible. Let’s break down these Important updates to help you stay informed and make the most of the benefits.
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BISP 10500 Payment December
Good news for all regular BISP beneficiaries! A new installment of Rs. 10,500 will be issued to all eligible Women, starting in December 2024. This installment is part of the government’s ongoing efforts to support low-income families across Pakistan. Be sure to check your eligibility and make sure your account is active to receive your payment without any delays.
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Extension of BISP Nashonuma Program for Two More Years
In an exciting move, the Government of Pakistan has extended the BISP Nashonuma program for an additional two years. This extension means that the program will continue to provide financial aid to deserving pregnant women and their families until 2025. With this extension, more families will benefit from the initiatives aimed at alleviating malnutration in Pakistan.
Double Payment of Benazir Taleemi Wazaif Starting from 15 October
Increase in PMT Score from 32 to 34 for Eligibility
One of the significant updates under consideration is the increase in the Poverty Means Test (PMT) score from 32 to 34. This change will impact the eligibility of new applicants, allowing more women to qualify for the program. The PMT score is used to assess the financial situation of applicants, and a higher score means more families may now be eligible for BISP’s financial assistance.
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7 Lakh New Women Added to BISP
The government has made a Good move by including 7 lakh new women in the BISP program. These women will now have access to financial support, which will help improve their household income and stability. Banks across the country have been instructed to open regular accounts for all eligible women, ensuring seamless transactions and quick access to funds.
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New Withdrawal Rule: 9-Month Grace Period for Beneficiaries
For beneficiaries who cannot get their BISP funds for any reason, the government has introduced a new withdrawal rule. If you are unable to withdraw your installment for up to 9 months, your account will no longer be blocked. This decision ensures that women facing challenges can still access their funds without fear of losing their benefits. Make sure to withdraw your funds regularly, but rest assured knowing that there is now a grace period in place.
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BISP Payment Increase from Rs. 10,500 to Rs. 13,500 Starting January 2025
In another positive development, the government has announced a substantial increase in the payment amount for all regular BISP beneficiaries. Starting in January 2025, the payment will be raised from Rs. 10,500 to Rs. 13,500. This increase will provide greater financial support to eligible women and their families, helping them cope with rising expenses and economic challenges.
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Restoration of ATM Facilities for Six Banks
To further enhance convenience, the Pakistan government has decided to restore ATM services for six major banks from January 2025. Beneficiaries will now have the option to withdraw their quarterly installments directly from these ATMs, making it easier for women to access their funds without visiting bank branches or retailers.
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Extension of NSER Dynamic Survey and Notification for Beneficiaries
The dynamic survey, an important part of the BISP program to assess the eligibility of beneficiaries, has been extended by one month until January 2025. A notification has also been issued to all regular beneficiaries to ensure they register in the dynamic survey, which will be conducted in October. The survey is essential for maintaining up-to-date records and ensuring that only eligible families continue to receive financial aid.
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Decision to Make BISP Offices in Union Councils
In a move to eliminate corruption and improve the distribution of funds, the government is considering transferring payments through Union Councils (UCs) instead of distributing money via bank retailers at campsites. This change will impact 4,000 Union Councils across Pakistan and ensure that women receive their payments in a transparent and corruption-free manner.
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17 Million Excluded, 7 Million Added by January 2025
The BISP program is set to undergo a major reshuffle by January 2025. Approximately 17 million women will be excluded from the program, while 7 million new families will be included. This update is part of the government’s effort to ensure that only eligible and deserving families continue to benefit from the program. If you are excluded, you will have the right to appeal the decision.
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Rejoining Opportunity for Ineligible Women
Ineligible women who are removed from the program will have the opportunity to rejoin through the dynamic survey. However, this opportunity will only come around every three years. It’s important to ensure that your household’s details are accurate and up-to-date during the dynamic survey to avoid being excluded.
BISP Beneficiaries with PMT Score Above 31.99 ineligible After Dynamic Survey
Mandatory Dynamic Survey Every Three Years
Going forward, every regular beneficiary will be required to undergo a dynamic survey every three years. This measure will help the government keep track of the financial status of each beneficiary and ensure that the assistance is reaching those who need it most. Stay informed about the survey schedule to avoid missing out on future benefits.
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Issuance of ATM Cards to 22 Lakh Women in 2025
Lastly, the BISP chairperson, Rubina Khalid, is considering issuing ATM cards to all regular beneficiaries under the program. In the first phase, 22 lakh women will receive ATM cards, making it easier for them to access their funds. This will eliminate the need for women to rely on bank retailers or campsites, offering greater convenience and security in accessing their financial assistance.
Benazir Kafaalat October To December Installment of Rs 10500 Will Be Released By October 15
Conclusion
Benazir Income Support Program is always bringing good initiatives to provide financial assistance to poor people in Pakistan. With these major updates for 2024 and 2025, beneficiaries can look forward to increased payments, easier access to funds, and more opportunities for those newly eligible.
Stay updated on these changes and make sure to participate in the dynamic survey to maintain your eligibility. If you’re a new applicant, check your eligibility, register, and take advantage of the upcoming benefits to improve your family’s financial stability.
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