Last Updated on: 9th September 2024, 08:02 am
The Benazir Income Support Programme (BISP) has decided to discontinue its franchise system following reports of widespread corruption. Chairperson Rubina Khalid received various complaints from women beneficiaries. The change is intended to make the distribution of financial assistance more transparent and fairer to needy people.
Why was the BISP franchise system discontinued?
Initially, the franchise system was used to distribute payments, but Senator Rubina Khalid faced many problems during her unannounced visits to the franchise centers. Women claimed not to have received the complete benefits and faced demands for bribes. These complaints led to the decision to discontinue the system to prevent further exploitation. BenazirKafaalat.pk
BISP Introduced New Payment System
BISP will now distribute installments through an online wallet system. Payments will be transferred directly to the beneficiaries’ accounts, which six designated banks will manage. This approach is intended to make the process safer and ensure that the intended amount reaches the beneficiaries without disruption.
Key Changes of the 8171 BISP Payment System
- The franchise system has been discontinued due to corruption issues.
- Cash assistance will now be distributed through online wallet accounts.
- Six banks are designated to handle the new payment process.
- This new approach emphasizes transparency and efficiency.
Also Read: 9.3 Million Beneficiaries to Benefit from BISP Sahulat Accounts Under SBP Payment Framework
Rubina Khalid Visit to Various Franchise Centers and Corruption
During her visits to various franchise centers, Rubina Khalid discovered extensive corruption. Many women reported that agents were withholding their money or demanding bribes. In response, Khalid introduced the new online wallet system to ensure a more transparent distribution process and demonstrate the government’s commitment to providing equitable assistance to poor people.
Banking System Role in the New Payment Processing
Under the new payment system, six banks will work closely with BISP to facilitate safe and easy money transfers. Payments are deposited directly into beneficiaries’ bank accounts, reducing reliance on intermediaries and minimizing the risk of corruption.
Also Read: BISP to Upgrade the Old Banking System for 12500 Kafalat Payment Disbursement
Last Words
This step of discontinuing the BISP franchise system directly responds to the identified problems of corruption and mismanagement. With the introduction of online wallet payments managed by six banks, the process is expected to become more transparent and secure. Senator Rubina Khalid’s swift response reflects her strong commitment to ensuring the program better serves its target audience and financially assists the poor and vulnerable people.