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Human security in Pakistan
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Human Security in Pakistan The proposed size of BISP transfers is 1% of the GDP, equivalent to Rs 850 billion, with the 2022-23 GDP. This will represent an increase of over 112% in relation to the budget size of the BISP for 2022-23. Currently, the cash transfer is Rs 7500 per quarter for an eligible household, and seven million households are covered. With the increase in the size of the BISP, it will be possible to double the cash transfer to Rs 15,000 per quarter and cover the 13 million poor households. There will be some significant amount left for other-directed transfers. Chart 15.1: The Under-Privileged in Pakistan and Policies/Program/New Laws for Support Typed Number (million) Policies/Programs of Federal and Provincial Governments Annual Outlay (% of GDP) THE POOR 92.0 Enhanced cash transfers with wider coverage through BISP; Special Incentives for sending child to school and nutrition 1.000 SMALL FARMERS 7.4. Subsidized Credit, Lower Prices of Inputs through sales by USC stronger agricultural extension services 0.375 LESS SKILLED WORKERS 10.0 Minimum wage raised to Rs 35,000 per month with tax credit to employers; Changes in Collective Bargaining Law to Facilitate Trade Unionization; Participation in Pension Scheme of EOBI with Provincial Subsidy 0.250 IDLE YOUTH 18.0 Special Program of Technical and Vocational Training, including IT; Start­up funding for small projects; Rural Employment Guarantee Scheme 0.250 SMES Subsidized Access to Credit; Technical Support by SMEDA; lower electricity tariffs and taxes 0.250 DISABLED, MINORITIES, TRANSGENDER 7.5 Specially Designed and Targeted Programs 0.125 FEMALE WORKERS Laws for Equal Access to jobs and Equal Pay; Tax Credit to Employers for hiring females; Setting up putting out systems for rural females; Quotas in Public Services 0.125 CHILD WORKERS 3.0 Law Banning Child Work; Support to Households through BISP 0.125 TOTAL ANNUAL OUTLAY 2.50 120