Benezir Income Support Program 2021 In July 200, as Pakistan’s highest protection net initiative, the Government of Pakistan initiated the Benazir Income Support Scheme (PISP) – National Money Transfer Program (NCDP).
For the first time, the BISP has achieved rapid food inflation, with food, grain and fuel prices rising for 30 years in 2008 and the global economic crisis already impacting the health of poor households in 2009. Program of Benzir Income Support
The Benazir Income Support Scheme (PISP), Pakistan’s Targeted Unconditional Money Laundering Initiative, has been introduced to reduce the costs of poor women and to focus on the negative effects of slow economic development.
Social safety net services help to reduce the global poverty gap by 15 percent, according to the World Bank (2015).
In this sense, the key goal of the program was to provide mattresses to fight demand decline and negative economic shocks.
Poor households, as well as the global financial crisis and rising food prices.
The long-term priorities include achieving the ultimate and long-term poverty alleviation and women’s empowerment Sustainable Development Goals (SDGs).
Benezir Income Support Program 2020
The framework was formed by an Act of Parliament and operates under the administrative assistance of the Prime Minister of the BISP, while the Chief Patron is the President of Pakistan.
The project’s priorities and targets are as follows:
- Improving the financial capability of vulnerable and dependent citizens. Penzir Income Support Scheme
- The formulation and execution of comprehensive strategies and central plans for the improvement of the disadvantaged and vulnerable.
- Poverty reduction and the promotion of an equitable distribution of wealth, especially among people with low incomes.
In order to achieve the sub-goal of empowering women, assistance is offered by the BISP only by women.
Beneficiaries belong, and live in poverty, to the most backward, downtrodden, oppressed and poorer parts of society.
Poor People’s Benzir Income Support Network
The only criterion for choosing BISP recipients, irrespective of political affiliation, racial identity, geographical position and religious affiliation, is economic loss.
Located in Islamabad, the federal capital has 6 regional offices in the provincial capitals, with AJK and G.P. It has 33 regional offices and 385 offices in the Tehsil district.
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The BISP has Pakistan’s largest database of disadvantaged households, showing the first and highest margins in the poverty survey.