BISP Takes Action Against Corruption Allegations: Franchise System Abolished

The Benazir Income Support Programme (BISP) has recently made a significant decision in response to mounting corruption complaints. Concerns raised by female beneficiaries prompted Chairperson Rubina Khalid to announce the discontinuation of the franchise system. The primary objective here is to revamp the distribution of financial assistance to underprivileged individuals in a transparent and fair manner.

Breaking Down the BISP Franchise System Update

• Franchise System: Abolished due to corruption complaints
• New System: Online wallet accounts for money transfer
• Banks Involved: Six banks assigned for monetary distribution
• Chairperson Role: Oversight by Rubina Khalid

Reasons Behind the Discontinuation of the Franchise System

The franchise system, previously employed by BISP for financial aid disbursement, faced a barrage of complaints during surprise visits by Rubina Khalid at franchise centers. Multiple female beneficiaries alleged corruption, citing instances where they did not receive their entitled assistance funds in full. Extensive investigations concluded that eliminating the franchise system was necessary to curb further malpractice.

Introducing the New Distribution Mechanism

To address these concerns, BISP will now transition to an online wallet system for monetary support disbursal. Six designated banks will manage these transactions, ensuring direct payments into beneficiaries’ bank accounts. This revamped strategy aims to enhance security and guarantee that beneficiaries receive their rightful support without delays or interference.

Key Highlights of the Fresh Distribution System

• End of the franchise system due to corruption complaints
• Monetary aid distribution via online wallet accounts
• Involvement of six banks in managing the new payment system
• Emphasis on transparency and efficiency in the new process

Chairperson’s Secret Inspections and Discoveries

Through covert inspections at franchise centers, Rubina Khalid unearthed pervasive corruption. Beneficiaries reported instances where franchise agents either withheld funds or demanded bribes. In response, Khalid swiftly implemented the online wallet system to uphold transparency. This proactive measure underscores the government’s commitment to offering impartial and effective aid to the marginalized population.

The Role of Banks in The Overhauled System

The revised payment approach involves collaboration with six banks to facilitate seamless and secure fund transfers. Beneficiaries will now directly access their allocated funds through bank accounts, bypassing intermediaries and minimizing corruption risks.

In Conclusion

The decision to discontinue the BISP franchise system stems from genuine concerns of corruption and mismanagement. The innovative online wallet payment system, overseen by six banks, signifies a more transparent and secure avenue for beneficiaries to receive their financial aid. With Chairperson Rubina Khalid leading the charge towards system enhancement, these changes are poised to enhance the program’s efficacy in assisting the deserving individuals.

Also Read: Latest Updates on Ehsaas Program

Frequently Asked Questions

• Why was the BISP franchise system abolished?
  The decision followed numerous corruption complaints from beneficiaries regarding incomplete payments.
• How does the new payment system function?
  Monetary support will be distributed through online wallets, managed by six designated banks, with direct transfers to beneficiaries’ accounts.
• Who initiated the abolition of the franchise system?
  Chairperson Rubina Khalid made the call post multiple corruption complaints during her unannounced visits.
• What are the advantages of the new system?
  Enhanced transparency and security, elimination of middlemen, and a reduced likelihood of corruption in fund distribution.