Latest Updates Regarding Benazir Kafalat Program 2024-25

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For underprivileged and needy families in Pakistan, the Benazir Kafaalat program is a vital source of financial assistance. Because about 9 million women from low-income and meritorious families currently receive financial aid through this program. The ladies participating in this program receive financial help from the Pakistani government in the amount of 10,500 every three months. The good news is that, starting in 2025, this amount will be enhanced to 13,500.When discussing the significance and background of the Kafaalat program, it is important to note that Benazir Bhutto, the former prime minister of Pakistan, launched it in 2008. And when the program was first started, its only goal was to give widows financial support. But as time went on, the government made adjustments to this program, and it is currently Pakistan’s biggest source of financial assistance. The primary aim of this initiative is to offer widows and other women from deserving families both short-term and long-term support to help them get through difficult financial times.

Increased Financial Aid, And New Goals

Currently, the Kafaalat program recipients receive quarterly financial assistance of Rs 10,500 from the Benazir Income Support Program. Additionally, this financial support will increase to $13,500 starting in 2025 due to the recent increase in the BISP budget. Similarly, as you are all aware, about 9 million women from low-income and worthy households are receiving benefits under the Benazir Kafalat program. By the following year, the Pakistani government hopes to raise the figure to 10 million. It is a really commendable effort that the Pakistani government is working to broaden the project’s reach in order to help an increasing number of women from worthy but impoverished homes.

Increase In Number Of Banks To Provide Kafalat Tranche

In the past, Habib Bank Limited handled payments to Kafalat program participants on behalf of the Benazir Income Support Program. Those who visited BISP camp sites frequently had to deal with significant challenges in order to obtain money during this time. But in light of this circumstance, BISP has already expanded the list of banks for prompt beneficiary payment. in order to ensure that the recipients of the funds do not encounter any obstacles and can receive their funds without having to wait around for a long time. The following banks will now receive timely payments from the Benazir Income Support Program on behalf of its beneficiaries. Bank Al Falah Bank of Punjab JazzCash/Mobilink Microfinance The Telenor Microloans

HABIB BANK LIMITED,HBL Microfinance.

Benazir Kafaalat Program New Registration

Aside from this, let me to inform you that a fresh Kafalat program registration has been initiated to broaden the scope of the Benazir Income Support Program, per the specific directives of Pakistani President Asif Ali Zardari. Women who are widows or who come from deserving but impoverished families and whose uncertain financial situation forces them to live below the poverty line should finish the registration process. Now that the registration procedure has been streamlined, interested women can visit the BISP office closest to them to finish the registration process. The ladies need to have an identity card, a children’s bay form, and a registered cellphone number in their name in order to finish the registration process.In addition, the BISP has launched a mobile van service to make it easier for these women who are unable to travel from far-off places to BISP offices in order to finish their registration.

Conclusion

For underprivileged and worthy women in Pakistan, the Benazir Kafaalat program is a vital source of financial assistance. This program guarantees the development of women’s lives by offering more resources through other initiatives, in addition to helping those who are struggling financially. Based on current information, the Pakistani government is attempting to broaden the program’s reach in order to assist an increasing number of women from low-income and worthy households. It’s a positive step that the beneficiaries can now more easily obtain financial aid thanks to the revised targets and more banks.

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