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Allocated Budget Of BISP
The Allocated Budget Of BISP for the current financial year has been kept very wide. Quarterly funds will provided through this program, to the poor and deserving families for their economic assistance. According to the details, a budget of around 598 billion rupees has been allocated for the Benazir Income Support Program this financial year. Assistance is being provided to people so that they can live their better lives. After the start of this program, there has been a significant reduction in the level of poverty in Pakistan.
Out of its total budget, approximately one billion six crore 40 lakh rupees have been allocated for the purchase of assets. About six billion 235 million rupees were allocated for employees and other admin expenses. About 22.5 crore rupees have been kept for the media communication of BISP.
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More Beneficiaries Included In BISP
BISP Chairperson Rubina Khalid said that through this program, about 10 lakh people have to get out of poverty and lead a better life. When the economic condition improves, these people will be included in the program. Another 7 lakh beneficiaries living in poverty will be included in the program. Dynamic registration has been started to add more candidates. Offices have been established at the tehsil level for registration.
Apart from this, NADRA Mobile Registration Man has also been launched which provides a registration service to the people of cities, towns, and villages. After registration, their eligibility will be assessed and assistance funds will be released to those with a poverty score below 40. Ms. Rubina Khalid said that the budget of BISP can be increased if necessary.
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Budget Of BISP Dynamic Registration
A budget of around 2 billion 74 lakh 40 lakh rupees has been allocated for dynamic registration in BISP. Under this, the expenses incurred in the process of registration of people will met. The highest expenditure for registration has been recorded for Nadra mobile vans. Since it is providing registration services to the people at their doorsteps the cost has been seen to be excessive.
Apart from this, 4 billion 8.3 million rupees have been set aside for providing funds directly to the beneficiaries. 461 billion 60 crore 30 lakh rupees have been allocated for the provision of funds to the women of the sponsorship program.
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A budget of around 77 billion 18 crore rupees has been allocated for Benazir educational scholarships. So that scholarships can be provided to the students to meet the educational expenses. Scholarships are provided to lakhs of students every quarter under this program, who can benefit from this and get easy access to quality education. A developmental program has been launched to address malnutrition among pregnant women and infants.
A budget of around 42 billion 14 crore rupees has been allocated for this program. Through this program, stipends are provided from the beginning of pregnancy to the age of two years of the child. Apart from this, one billion 70 crore 60 lakh rupees have been allocated for the program for disabled persons
Skill development programs have also been started to bring down the level of poverty in the country. One billion rupees for the skill development program, 79 crore 90 lakh rupees for hybrid social protection, and 44 crore 30 lakh rupees for payment of services have been allocated.