Budget 2024
31% Budget Increase for BISP A few days ago, the government of Pakistan presented the annual budget for 2024. Various measures have been taken to improve Pakistan in this Budget 2024. So that the economic condition of Pakistan can be improved and Pakistan can be taken out of the economic crisis. The main objective of presenting this budget is to eradicate poverty in Pakistan.
To provide employment to the unemployed, To expand the use of IT technology, To increase agricultural production in Pakistan through the use of new technology in the agriculture sector, To strengthen the defense sector of Pakistan, In this budget, measures have been taken to improve health, such as lower taxes on medicines and providing treatment to the poor. In Budget FY 2024, better measures have been taken for SMEs to make it easier for us to do small businesses.
Good steps have also been taken to develop the industrial sector further so that Pakistan’s exports can increase. The salaries of government employees have been increased, and the pensions of retired employees have also been increased. In this budget, many steps have been taken to improve education. The amount given to poor and unemployed people under the BISP program has also been increased to 400 billion.
Budget- BISP scheme
Benazir Income Support Program is a flagship program of the Government of Pakistan to combat poverty in Pakistan. Under the BISP 8171 Program, many schemes are running in Pakistan. The aim of which is to reduce poverty in Pakistan and to end unemployment in Pakistan. In the annual budget for 2024, the Benazir Income Support Program has been increased in its budget amount to expand it further.
So that more and more poor people in Pakistan can benefit from this program. The amount allocated for the BISP program has been significantly increased by 40 billion (almost 25% Budget Increase for BISP) in this year’s budget 2024 as compared to the previous year’s budget 2024. Which is the best step taken by the present government for the poor people of Pakistan.
BISP Ehsaas 8171 Program – Budget 2024
Benazir Income Support 8171 Program is a flagship program issued by the Government of Pakistan to tackle poverty and its problems in Pakistan. A considerable amount of money is allocated from the budget of Pakistan every year for this program. The BISP online program has significantly reduced the poverty rate in Pakistan.
Last year, 360 billion rupees were allocated for the Benazir Income Support Program in the budget of 2024. During the current financial year, in the budget, 2024 presented by the current government of Pakistan, the amount of Benazir Income Support Program 8171 has been increased by 40 billion rupees(almost), and 400 billion rupees have been allocated for this program. During the next financial year, the government of Pakistan has proposed to increase the amount of the Benazir Income Support Program by Rs 450 billion.
The money has started coming from BISP
Yes, with the departure of BISP, money has started to be received, which was stopped some time ago. BISP only gives this assistance to poor and deserving people. They were getting this help from BISP now they can go and get this amount easily if you want to register yourself online easily with BISP then you can register yourself easily now. BISP has introduced an official web portal you can now register yourself online through our portal and you can also know all your information like when you will get money, how to get it, and where.
25% Budget Increase for BISP The BISP office and get this money or go to any nearby bank and you can also get money from BISP. The aim of BISP is that more people are being added and this aid is being given only to the poor and deserving people. And it is being given to the deserving people so that they can better themselves in the coming times and the purpose of this aid is to eradicate poverty from Pakistan and control the rising inflation.
BISP – Old Budget 2024
The allocation of the Benazir Income Support Program was substantially increased in the 2024 budget. In the 2021-22 budget, 250 billion rupees were allocated for the Benazir Income Support Program, but in the 2024 budget, this amount was increased to 264 billion rupees.
- In addition, 12 billion rupees has been allocated from the Utility Store Corporation to subsidize the purchase of household rations for poor people.
- 5 billion rupees were kept as additional Ramadan packages.
- Under the BISP8171 program, 226 billion rupees were distributed to 9 million families through the Benazir Kafalat Cash Program.
- About 1 crore children were provided assistance of Rs. 35 billion under the Benazir Taleemi Wazaif Program.
- 21.5 billion rupees were distributed in all the districts under the Benazir Nishunma program.
- Apart from this, 6 billion rupees have been kept in the Pakistan Baitul-Mal for the treatment and assistance of deserving people so that free treatment can be provided to the poor people.
Budget for BISP Schemes:
Benazir Income Support Program says that many facilities are being provided to poor people in many sectors of Pakistan. Following are some of the important schemes running under the BISP program.
- BISP kafalat program:
In the financial year 2024, 9300000 families of Pakistan will be provided with Benazir kafalat cash at the rate of 8750 rupees per quarter under the Benazir kafalat program. That means that the eligible people in the BISP 8171 program will be able to get 8750 rupees every three months. In the budget 2024, 346 billion rupees have been allocated for the Benazir program.
The government has also announced that this amount may increase further in the coming time. If you are not yet registered in the Benazir Kafalat program, you can register yourself now by texting your ID card number to 8171 SMS. If you are eligible for this program, you will start receiving this amount from BISP every 3 months. You can also check your eligibility in the BISP Check Online program by SMSing your CNIC number to 8171.
- Benazir Taleemi Wazaif Program
25% Budget Increase for BISP Under the Benazir Education Scholarship Program, where earlier 6 million children were getting scholarships, now 83 lakh children will be provided with education scholarships. Out of which 52% quota has been fixed for girls. An amount of more than 55 billion rupees has been allocated in the budget 2024 for Benazir Taleemi Wazaif.
The purpose of Benazir Taleemi Wazaif scholarships is to raise the morale of poor and hardworking students. So that they do not lag behind anyone in the field of education and can brighten the future of themselves and Pakistan.
- Benazir Undergraduate Scholarship
About 92,000 students of universities should be given Benazir undergraduate scholarships. For which 6 billion rupees have been allocated in the budget 2024.
- Benazir Nashonuma Program
25% Budget Increase for BISP The Benazir Nashonuma Program which is running in all the districts of Pakistan will continue.
Now under this program about fifteen lakh children of Pakistan can benefit. In the annual budget 2024, an amount of 32 billion rupees has been allocated for the Benazir Nashonuma Program. Pregnant women and children under two years of age can benefit from the BISP Nashonuma Program.
How To Register in BISP Ehsaas 8171 Program-2024?
- The Government of Pakistan has started a new screening and registration process through NADRA in an Ehsaas Kafalat program.
- Families who are not yet registered under the Benazir Income Support Program can now register themselves under the Benazir Ehsaas 8171 Program.
- To qualify for the social and economic security programs of the Government of Pakistan and to receive the money received under these programs, first, register yourself in the survey.
- In order to register at the Benazir Social and Economic Service Center, the head of the household, who can be either male or female, should take his National Identity Card to the 8171 centers.
- For those families who have not yet registered in the prosperity survey if there is any mistake in their information or they need to update their home visit information, they will receive a message to visit the 8171 center.
- Remember that all messages are sent from 8171 only. Do not trust the message received by any other number other than this number.
- The survey at 8171 center is free of charge, if anyone charges you for it, file a complaint at 8171.
Final Words
Benazir Income Support 8171 Program is a program issued by the Government of Pakistan to eradicate poverty and its problems in Pakistan. A considerable amount of money is allocated from the budget of Pakistan every year for this program. The BISP program has significantly reduced the poverty rate in Pakistan by providing financial aid to the poor and deserving people.
Last year, 360 billion rupees were allocated for the Benazir Income Support Program in the budget of 2024. During the current financial year 400 billion rupees have been allocated for this program. In the budget 2024 presented by the current government of Pakistan, the amount of Benazir Income Support Program 8171 has been increased by 40 billion rupees(almost).
FAQs
What is the Benazir Income Support Program (BISP)?
The Benazir Income Support Program (BISP) is a government initiative aimed at combating poverty in Pakistan. It provides financial assistance to deserving and low-income families, helping them improve their living standards.
How much has the BISP budget been increased in 2024?
In the 2024 budget, the BISP allocation has been increased by 40 billion rupees, bringing the total funding to 400 billion rupees.
How can I register for the BISP Ehsaas 8171 Program?
To register for the BISP Ehsaas 8171 Program, you can visit the 8171 Registration Centers or text your CNIC number to 8171 to check your eligibility. If eligible, you will start receiving assistance from BISP.
How can I receive financial assistance through BISP?
After registering and being verified, eligible individuals can receive financial assistance through direct bank transfers, mobile payments, or by visiting the nearest BISP office or affiliated bank.
How can I check my eligibility for BISP assistance?
To check your eligibility for BISP, you can text your CNIC number to 8171. You will receive a message regarding your eligibility status and the amount you may qualify for.