BISP Payment Release Date:
BISP 8171 Beneficiaries – Great news! Starting today, the monthly installment of the Benazir Income Support Program has begun, providing 9,000 rupees to eligible recipients. This represents a 25% increase compared to the previous installment, which was 8,750 rupees.
In a recent announcement, Shazia Marri, Federal Minister for Poverty Alleviation and Social Safety, shared that the Benazir Income Support Programme (BISP) has raised the monthly stipend to Rs9,000 for its beneficiaries. This increase of 25% will take effect from the fourth quarter of the current fiscal year.
To receive your installment, you can easily access it through HBL ATMs. Allow me to provide you with all the necessary details on how to register and determine your eligibility for receiving these funds.
Many individuals have already received a message prompting them to collect their money, with the funds being transferred to their respective accounts. For those who have not yet received this message but were previously receiving funds from the Benazir Income Support Program, you can check your eligibility through the 8171 Check online portal.
Educational Scholarships and Targeted Subsidies Introduced
To further support individuals and families, the BISP 8171 has introduced additional initiatives. Educational scholarships for the January to March installment have been released, enabling mothers of children with over 70% attendance to apply for this stipend. Moreover, the program’s budget has been increased to Rs450 billion, allowing for expanded coverage and support. This increase reflects the government’s commitment to improving the welfare of disadvantaged segments of society.
Under the expanded program, the Benazir Education Stipends now cover 8.3 million children, with a budget of Rs55 billion. Previously, the program covered six million children, with an emphasis on promoting girls’ education. Additionally, Rs6 billion has been allocated for 92,000 Benazir Undergraduate Scholarships, while Rs32 billion is designated for the Benazir Nashonuma program, benefiting 1.5 million individuals. Furthermore, a targeted subsidy of Rs35 billion has been allocated for essential commodities such as rice, sugar, pulses, and ghee.
New Micro Deposits Scheme and Digital Account Opening Facilities
The government is taking steps to enhance financial inclusion for low-income groups. Firstly, the removal of the 10% regulatory duty on the import of second-hand clothes, commonly purchased by low-income individuals, aims to alleviate their financial burden. Moreover, digital account opening facilities will be made available, making it easier for individuals to access financial services.
The increased support from the BISP 8171 aims to uplift marginalized communities and promote socio-economic development across the country. By expanding assistance and implementing inclusive financial initiatives, the program seeks to improve the lives of those in need.
How To Check Eligibility?
Checking your eligibility for the Benazir Income Support Program is a straightforward process. Here’s a step-by-step guide:
- Go to the designated web portal.
- Enter your National Identity Card (NIC) number in the provided space.
- Type in the code displayed in the image to verify that you are a real person.
- Click on the submit button to send your information.
Once you’ve completed these steps, the system will determine if you are eligible to receive the funds. If you are eligible, you can then go to the nearest cash center to collect your money. If you still have any confusion or need more detailed instructions, visit 8171 Check Online 2023. It will help you understand the steps more clearly.
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