Thu. Nov 21st, 2024
BISP to Begin Fund Disbursement for Quarter Sep-Dec 2024

BISP to Begin Fund Disbursement

So, the Benazir Income Support Program has formally announced the beginning of its fund disbursement for the quarter of September to December 2024. In this program, the country’s needy families are supposed to be provided with economic support of which women would be the focal point. In Sargodha district, over 73,000 registered women will receive Rs 10,500 each so these payments also reflect the poverty alleviation and Social Protection strategy of the government.

یہ پروگرام پاکستان کے زیادہ تر خاندانوں کے لیے ضروری ہے، خاص طور پر دیہی علاقوں میں جہاں مالی وسائل محدود ہیں۔ بی آئی ایس پی کا خواتین کے لیے ہدف خواتین کو معاشی طور پر بااختیار بنانے کی کوشش کرتا ہے، جبکہ یہ مالی آزادی کے حوالے سے صنفی مساوات کو بھی فروغ دیتا ہے۔ اس پروگرام نے غریب ترین گھرانوں کو خوراک، تعلیم اور صحت کی دیکھ بھال جیسے بنیادی اخراجات کو پورا کرنے کے لیے کافی حفاظتی جال فراہم کرنے کا انتظام کیا ہے۔

Also Read:  Benazir Kafalat New Payment-How to Access the Rs 10,500 Assistance

Details of Fund Disbursement

Beneficiaries are being sent to the nearest camp site for realization of their amount. For this reason, in Sargodha district 14 campsites have been developed. Five camps have been established in Sargodha city, while two camps have been developed each in Silanwali and Sahiwal, two camps are also present in Kotmoman and one each is available at Bhera, Shahpur, and Bhalwal. Multiple campsites have been a step to ensure that all eligible women receive their fund conveniently and without much delay.

The BISP has developed a joint effort with the State Bank of Pakistan (SBP) to regularize stipend payment. This collaboration will make the stipend disbursement process transparent and effective, so the stipend receivers will be paid honorably. Consultation between BISP and the State Bank would, the SBP Governor said, create a simple, effective stipend disbursal procedure that would further enhance the integrity of the program.

Also Read: Eligibility Criteria For Registration In BISP Has Been Changed in October

Handling of Fraudulent Activities

The latest fraud cases, however, have brought a tarnishing cloud over this newly introduced BISP. Just very recently, three people-mostly the husband and wife duo-were arrested for bogus activities at BISP Center. It has been reported that this retailer was reportedly disbursing funds mainly to female nominees suggested by his wife, thus skipping quite a number of the deserving candidates.

These fraudulent activities demanded a quick response from the local agencies. As Assistant Director Zafar received numerous complaints and after verifying its authenticity, he visited the center. The law enforcing agencies reacted towards the accused in this scenario, which shows BISP maintains transparency and fairness in the fund distribution process.

Also Read: How to Check BISP 8171 Results by CNIC for13,500 Payment

Importance of BISP

This program is essential for most families in Pakistan, particularly in the rural regions where financial resources are limited. BISP’s targeting towards women attempts to empower the woman economically, while it also fosters gender equality in terms of financial independence. This program has managed to provide a considerable safety net for the poorest households to be able to meet basic expenses such as food, education, and healthcare.

Also Read: Benazir Income Support Programme (BISP) Latest Update 2024

Future Projections

The BISP shall be improving service delivery and ensuring the aid reaches exactly the targeted beneficiaries in the September-December 2024 fund distribution. Continuous improvement within the distribution system is also essential to prevent misuse of funds as well as to use them effectively. Collaboration with the State Bank of Pakistan has been one big step toward achieving those ends.

This is one of the most crucial programs going on presently in the fight against poverty in Pakistan as the distribution of BISP funds has started for the period between September to December 2024. The program not only softens economic hardship but also strengthens social obligations within a community by allowing smooth and transparent delivery of financial support to registered beneficiaries. BISP has been a cornerstone of the current social welfare strategy in Pakistan, as it continues to transform and learn.

For more updates on the Benazir Income Support Program and how it impacts communities, keep an eye out in local news and the official BISP website.

By Ali

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