The government has increased the annual stipend to BISP beneficiaries from Rs.18,000 to Rs.18,800 per annum in accordance to the increase in Consumer Price Index during the last year.
A decision in this regard has been taken by Finance Minister Ishaq Dar after consultation with Prime Minister Nawaz Sharif.
The minister hoped the decision would help coping with the effect of inflation on the BISP beneficiaries.
The stipend at the enhanced rate of Rs.4,700 per beneficiary per quarter would be payable with effect from first of July last year.
