The federal government has approved an increase of Rs5,000 in the quarterly stipend under the Benazir Income Support Programme (BISP) Kafalat initiative, according to the reports on Thursday.
The move is expected to support the low income families across the country. Reports say the increase will benefit about 10.2 million BISP recipients.
Govt raises BISP Kafalat amount by Rs5,000
The government has raised the stipend from Rs14,500 to Rs19,500. The new amount will take effect from January 2027.
Officials have also said that the decision is meant to strengthen the social safety net and provide better financial support to vulnerable people.
BISP Kafalat initiative
Recently, the government announced an increase in payments under the Benazir Income Support Programme educational stipends.
BISP said on its official Facebook page that the quarterly assistance for women registered under the Benazir Kafalat Programme has gone up from Rs13,500 to Rs14,500.
Stipends under the Benazir Nashonuma Programme have increased by Rs500 per child.
Payments under the Benazir Taleemi Wazaif programme have also gone up by Rs500 per student.
BISP said these steps aim to support poor families and improve children’s education and health across the country.
The programme was launched in 2008. It is the largest cash transfer programme in Pakistan’s history. It has both short-term and long-term goals.
The short term goal of BISP is to protect poor people from the effects of inflation, food shortages and slow economic growth.
The long term goal of the program is to reduce extreme poverty. And support women’s empowerment in line with the Sustainable Development Goals.
Earlier, chairperson of the BISP, Rubina Khalid, shared good news with beneficiaries. She said that from the next quarter, payments will be made under a new “digital wallet” system.
