Home / World / Khaqan Abbasi chaired a briefing on graduation plan for BISP beneficiaries at PM House.

Khaqan Abbasi chaired a briefing on graduation plan for BISP beneficiaries at PM House.

Islamabad/thedemocrate.com;

Prime Minister Shahid Khaqan Abbasi chaired a briefing on graduation plan for BISP beneficiaries at Prime Minister’s Office.

Chairperson BISP Ms. Marvi Memon, Secretary BISP Mr. Omer Hameed Khan and senior officers were present during the meeting. The Prime Minister was briefed about the graduation strategy that is being formulated with an aim to permanently extract BISP beneficiaries from poverty trap through increasing their household income, enhancement of skills and human capital and promote long term welfare. The Prime Minister was informed that international best practices and working solutions were being followed for enabling the cash grant recipients to eventually transform into income earning individuals through self-employment and wage employment.

www.thedemocrate.com – Prime Minister of Pakistan Mr. Shahid Khaqan Abbasi

Secretary BISP gave a detailed briefing on various models that would be followed including Business Incubation and Assets transfer for self-employment (BISE), Direct Cash for start-up business with business coaching (DC) and Public Work Programs for creating income and addressing environmental poverty. He also briefed the Prime Minister about over all coverage and financial assistance that would provided to the beneficiaries during various phases of the program.

The Prime Minister appreciated the effort of the BISP team and observed that a comprehensive plan, taking into account all factors, should be put in place for ensuring sustainability and impact. He said that international best practices and past exp

 Prime Minister Shahid Khaqan Abbasi today chaired a briefing on graduation plan for BISP beneficiaries at Prime Minister’s Office.

Chairperson BISP Ms. Marvi Memon, Secretary BISP Mr. Omer Hameed Khan and senior officers were present during the meeting. The Prime Minister was briefed about the graduation strategy that is being formulated with an aim to permanently extract BISP beneficiaries from poverty trap through increasing their household income, enhancement of skills and human capital and promote long term welfare. The Prime Minister was informed that international best practices and working solutions were being followed for enabling the cash grant recipients to eventually transform into income earning individuals through self-employment and wage employment.

Secretary BISP gave a detailed briefing on various models that would be followed including Business Incubation and Assets transfer for self-employment (BISE), Direct Cash for start-up business with business coaching (DC) and Public Work Programs for creating income and addressing environmental poverty. He also briefed the Prime Minister about over all coverage and financial assistance that would provided to the beneficiaries during various phases of the program.

The Prime Minister appreciated the effort of the BISP team and observed that a comprehensive plan, taking into account all factors, should be put in place for ensuring sustainability and impact. He said that international best practices and past experiences should be utilized while formulating indigenous solutions for the graduation program.

experiences should be utilized while formulating indigenous solutions for the graduation program.

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