Self-Employment Programme: ADB provides grant of $35m to BISP
The ADB and the government of Pakistan mutually agreed to include NRSP as an “implementing agency”
ISLAMABAD:
The Asian Development Bank (ADB) has provided a grant of $35 million to the Benzair Income Support Programme (BISP) for its Business Incubation Self-Employment (BISE) programme. The first phase of the programme shall be implemented over a period of two years, starting from 2018, as specified in the National Rural Support Programme (NRSP). An official of BISP stated that the programme was envisaged in 2015 and it took three years to launch this initiative. The ADB and the government of Pakistan mutually agreed to include NRSP as an “implementing agency”, responsible for carrying out the “business incubation and inclusive business components” of the BISP Graduation Programme (BGP). They said the project has also been endorsed by the Prime Minister of Pakistan and will target a total of 100,000 households in total five districts. The key features of BISE programme comprise of profiling and validation of targeted households on their potential for self-employment.
Published in The Express Tribune, May 4th, 2018.
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