ISLAMABAD: The government announced a substantial increase in the allocations for poverty alleviation measures under its ongoing Ehsaas Programme, the Poverty Alleviation Fund and Baitul Maal under which 12 million households all over the country will be covered.
The budgetary allocations under this programme for the year 2020-21 were Rs210 billion, which have been enhanced to Rs260 billion for the financial year 2021-22. Out of this Rs260 billion, Rs150 billion will be for the Benazir Income Support Programme (BISP) while the rest will be for the Ehsaas Programme, the Poverty Alleviation Fund and Baitul Maal.
Finance Minister Shaukat Tarin in his budget speech said that this one is the largest ever cash transfer programme for second consecutive year through Ehsaas to 12 million households covering more than 40 percent of population to mitigate the adverse effects of the COVID pandemic. “For the Ehsaas programme, Rs260 billion are being proposed in the budget 2021-22. This by far is the largest allocation and reflects the vision of the prime minister to help the extreme poor segments of our society,” the finance minister said in his budget speech.
Nisar Ahmed Khan, an officer of Police Service in Grade 20, has been transferred from FIA to KP government
Formal office order has been issued with approval of federal secretary Science and Technology
Punjab Charities Commission has organized an open discussion between NGOs and students of various universities
Significant change is reduction of KE’s US dollar-based ROE from 15% to 14% in line with other IPPs
This growth is anticipated to have a positive impact on the unemployment rate, albeit a slight one