The Benazir Income Support Programme (BISP) has decided to end the franchise system due to reports of widespread corruption. This decision came after several complaints from women beneficiaries of the BISP were brought to the attention of the program’s Chairperson, Rubina Khalid. The aim of the decision is to improve the distribution of monetary support to the poor and needy people in a fair and transparent manner.
| BISP Franchise System Update | Details |
| Franchise System | Abolished due to corruption complaints |
| New System | Online wallet accounts for money transfer |
| Banks Involved | Six banks to handle monetary distribution |
| Chairperson Involved | Rubina Khalid |
Table of Content
Reasons for Ending the Franchise System
The franchise system had been a method used by the BISP to distribute financial support to beneficiaries. However, during her secret visits to franchise centers, Rubina Khalid received numerous complaints from women who were part of the program. These complaints mostly revolved around corruption, where women were not receiving the full amount of financial aid. After investigating these issues, it was decided that the franchise system would be abolished to prevent further abuse.
The New Distribution System
To address these issues, BISP will now distribute monetary support through an online wallet system. Six banks have already been selected to handle the transfers. With this new system, BISP beneficiaries will have their payments transferred directly to a bank account. This new method is expected to make the process more secure, ensuring that the rightful amount reaches the intended recipients without any delays or corruption.
Key Changes in the New System
- Franchise system abolished due to corruption complaints.
- Monetary support will now be distributed through an online wallet account.
- Six banks will manage the new payment system.
- The new system is aimed at making the process transparent and efficient.
Chairperson’s Secret Visits and Findings
During her secret visits to various franchise centers, Rubina Khalid discovered the severity of the corruption. Many women had reported that the franchise agents were withholding their money or asking for bribes. As a result of these findings, Khalid decided to implement the new online wallet system to ensure transparency. The chairperson’s involvement and swift action demonstrate the government’s commitment to providing fair and efficient support to the poor.
The Role of Banks in the New System
The new payment method involves six banks that will work closely with the BISP to ensure smooth and secure money transfers. Beneficiaries will now receive their payments directly into their bank accounts, making it easier for them to access their funds. This change is expected to eliminate the middlemen who were previously involved in the process, reducing the chances of corruption.
Conclusion
The decision to abolish the franchise system within the BISP comes as a direct response to complaints of corruption and mismanagement. The new system of online wallet payments, managed by six banks, will provide a more transparent and secure way for beneficiaries to receive their financial aid. With the involvement of Chairperson Rubina Khalid and the efforts to improve the system, this move is expected to help the program better serve its intended audience and ensure that the poor and needy get the support they deserve.
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FAQs
Why did BISP abolish the franchise system?
The franchise system was abolished due to numerous complaints of corruption from beneficiaries, where they were not receiving their full payments.
How will the new payment system work?
The new system will use online wallet accounts, with six banks handling the monetary distribution. Payments will be transferred directly to the beneficiaries’ bank accounts.
Who decided to abolish the franchise system?
BISP Chairperson Rubina Khalid made the decision after receiving several complaints about corruption during her secret visits to franchise centers.
What is the benefit of the new system?
The new system will provide a more transparent and secure way for beneficiaries to receive their payments, eliminating middlemen and reducing the chances of corruption.