Distribution of Rs 3.82 among IDPs to start from December
UDBKL | Quote | Chart | News | PowerRating -- The distribution of Rs 3.82 Billion under Benazir Income Support Programme among the Internally Displaced Persons (IDPs) of Swat and Malakand would start from first week of December.
Official sources told here that an agreement with United Bank Limited (UBL) to facilitate over 318,000 families of Swat and Malakand through visa cards had already been signed.
The process for issuance of visa cards to the IDPs of Swat and Malakand will be initiated in the first week of December, the sources said.
The UBL visa cards, he said will be distributed through the five service centres established each at Timergara, Mingora, Shangla, Batakhel and Peshawar besides imparting proper guidelines for effective use of these cards.
In addition to these, 100 franchises will also be established in the Malakand division to get payment by the visa card. An initial payment of Rs 6,000 will be made from the franchise and then each of the families will get payment of Rs 1,000 through these cards on monthly basis.
Approximately, Rs 3.82 billion will be distributed amongst the IDP families.
National Poverty Survey under BISP will be started by the end of December to ascertain the percentage of poor in the country and enhance living standard of poor alleviating poverty.
The pilot project of the poverty survey has already been completed in 15 poorest districts of all the provinces including Azad Jammu and Kashmir and Northern Areas.
The districts where survey has been complete include Musakhel,Kila Saifullah and Kech/Turbat of Balochistan, Lakky Marwat, Karak and Batgram of NWFP, Layyah, Mianwali, Multan, and Pakpattan of Punjab, Sanghar, Mirpurkhas, and Tharparkar of Sindh, Poonch of AJK, Ghanchae and Diamir districts of Northern Areas.
The method of Poverty Scorecard approved by World Bank was used to identify poor families while some US $ 60 million were financed by the World Bank for the test phase.
Under BISP emergency relief package, certain measures have been taken to benefit FATA/Swat IDPs, Balochistan earthquake affectees and victims of bomb blasts.
A total of Rs. 28 million have been paid to 3965 families from FATA and Bajaur. However, Rs. 26 million were distributed among 3729 earthquake affected families in Balochistan.
Data of the bomb blast victims have been obtained and benefits will be paid to the next of kin in case of a deceased person and to the victim in case of injury.
So far, 266 victim families have been registered and approximately Rs. 540,000 have been paid. The registration of the remaining families is in process and will be completed by end of this month.
For full details on (UDBKL) UDBKL. (UDBKL) has Short Term PowerRatings at TradingMarkets. Details on (UDBKL) Short Term PowerRatings is available at This Link.
- BRIEF: Pony Express buys Kansas bank - 02/04/10
- BISP distributes over 34,000 Benazir Smart Cards among IDPs - 02/01/10
- Ahli United Bank increases ownership stake to 79.6% in Ahli United Bank (Egypt) - 01/31/10
- SECP (SECP Appoints Administrator for Innovative Investment Bank Limited) - 01/30/10
- SECP appoints administrator for Innovative Investment Bank Limited - 01/30/10
- More News >>


