بینظیر انکم سپورٹ پروگرام | |
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Abbreviation | BISP |
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Named after | Benazir Bhutto |
Formation | July 2008 |
Type | Social safety net |
Focus | Health, Education, Social Protection, Reduce poverty, Enhance financial capacity of poor people |
Headquarters | F-Block, Pakistan Secretariat, Islamabad, Pakistan |
Methods | Donations, Scholarship |
Owner | Government of Pakistan |
Chairperson of BISP | Vacant |
Affiliations | Government of Pakistan |
Budget | US$ 1.15 Billion [1] |
Employees | 2,381 [2] |
Website | bisp |
The Benazir Income Support Programme (BISP) is a federal unconditional cash transfer poverty reduction program in Pakistan. Launched in July 2008, it was the largest single social safety net program in the country with nearly Rs. 90 billion ($900 million) distributed to 5.4 million beneficiaries in 2016.[3]
The program distributed Rs.19,338 (or approx. $195) per annum distributed per month in the year 2016.[4] The stipend is linked to the Consumer Price Index and is paid through a smart card.[5] The Department for International Development of the United Kingdom is the largest foreign backer of the program, providing $244 million (or 27%) of the total funds in 2016 with the Pakistani Government providing the rest.[6][7]
A separate ministry, Ministry of Poverty Alleviation and Social Safety (PASS), was established[8] and BISP was made part of the Poverty Alleviation and Social Security Division.[9]