BISP Program

Today News: BISP Program Payment Increase 13000 In June Budget

Today Great news is that BISP Program Payment Increase 13000 In June Budget by 27% increase, the Benazir Income Support Programme (BISP) is a vital social security measure for millions of families in Pakistan.

In the latest budget announcement BISP Program Payment Increased, The government has introduced significant updates and increases to the BISP, showing its dedication to supporting vulnerable populations. Here’s a closer look at the new budget allocations, expected benefits, and impact on BISP beneficiaries.

Read Also: Today Update: 10500 BISP Taleemi Wazaif Payment Date Released

Key Updates from the BISP June Budget

  • Increase in Allocation: The BISP June budget has increased by 27%, from Rs 466 billion to Rs 593 billion.
  • Beneficiary Expansion: The number of beneficiaries in the Benazir Kafaalat program will rise from 9.3 million to 10 million.
  • Education Program: An additional 1 million children will join the Benazir Taleemi Wazaif education program, bringing the total to 10.4 million children.
Today News is that BISP Program Payment Increase 13000

Breakdown of Financial Assistance

With the increased BISP June budget, financial assistance to beneficiaries will see a significant boost in ehsaas kafalat 13000 payment. The new quarterly installment will be Rs 13,335, up from the previous Rs 10,500. This increase provides essential financial relief to beneficiaries.

Increase PercentagePrevious Amount (Rs.)New Amount (Rs.)Increase (Rs.)
25%10,50013,1252,625
27%10,50013,3352,835

New Update Impact BISP Program Payment Increase 13000

To support disadvantaged segments of society, the government has increased the budget for the Benazir Income Support Programme (BISP) to Rs 593 billion, a 29% rise from the previous year and now BISP Program Payment Increase 13000. This announcement was made by Federal Minister for Finance and Revenue Muhammad Aurangzeb during the budget speech in the National Assembly on Wednesday.

Key Highlights:

  • Increased Budget: The BISP June budget has been raised to Rs 593 billion, a 29% increase from the previous year.
  • More Beneficiaries: The number of people receiving quarterly stipends under the Benazir Kafaalat scheme has been increased from 9.3 million to 10 million.
  • Higher Stipends: The stipend amount will be increased to address the impact of prevailing inflation.

These changes in ehsaas program aim to provide more substantial financial support to vulnerable populations, helping them cope with rising costs of living.

The enhanced financial assistance and expansion of the BISP program will greatly improve the lives of millions of families by:

  • Increased Financial Stability: Higher quarterly installments will better support basic needs.
  • Education Support: More children in the Ehsaas Taleemi Wazaif program will improve educational outcomes, leading to better economic prospects for families.
  • Wider Coverage: More families in need will receive support with the increased number of beneficiaries.

FAQ

How much has the BISP budget increased?

The BISP budget has increased by 27%, from Rs 466 billion to Rs 593 billion.

How many new students will be added to the BISP?

The number of beneficiaries will increase from 9.3 million to 10 million under the Benazir Kafaalat program.

Conclusion

The increase in the BISP budget and the expansion of its beneficiary base highlight the government’s commitment to supporting its most vulnerable citizens. With higher financial assistance and more children benefiting from educational support, the BISP program continues to play a crucial role in reducing poverty and promoting social welfare in Pakistan. These changes will provide significant relief and improved opportunities for millions of families across the country.

Fahad Ali

"Meet Fahad Ali, founder of Top Trend PK, a leading online platform for government schemes, current affairs, and local news. With 8 years of experience in content writing, Fahad has established himself as a trusted voice in the industry. Fahad's expertise lies in government initiatives like Ehsaas Program and BISP Program. He stays up-to-date with the latest developments in current affairs and local news, ensuring his readers are well-informed. Follow Fahad Ali on Top Trend PK for expert insights and analysis on government schemes, current affairs, and local news. Fahad's passion for writing and commitment to quality have earned him a reputation as a go-to source for authoritative content."

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