Journal of Finance and Economics
ISSN (Print): 2328-7284 ISSN (Online): 2328-7276 Website: http://www.sciepub.com/journal/jfe Editor-in-chief: Suman Banerjee
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Journal of Finance and Economics. 2014, 2(2), 44-49
DOI: 10.12691/jfe-2-2-1
Open AccessArticle

Social Safety Nets and Poverty in Pakistan (A Case Study of BISP in Tehsil Mankera District Bhakkar)

Syed M. Muddassir Abbas Naqvi1, , Hazoor Muhammad Sabir1, Anisa Shamim1 and Muhammad Tariq2

1Department of Economics, G.C University, Faisalabad, Pakistan

2Ayub Agricultural research institute, Faisalabad Pakistan

Pub. Date: March 04, 2014

Cite this paper:
Syed M. Muddassir Abbas Naqvi, Hazoor Muhammad Sabir, Anisa Shamim and Muhammad Tariq. Social Safety Nets and Poverty in Pakistan (A Case Study of BISP in Tehsil Mankera District Bhakkar). Journal of Finance and Economics. 2014; 2(2):44-49. doi: 10.12691/jfe-2-2-1

Abstract

Benazir Income Support Program (BISP) is an important safety net among the poverty reduction strategies. Although, cash transfer of PKR1000 per month cannot change the whole social status of the people in this era of rising inflation and frequently increasing oil prices, yet it provides some relief for daily household expenditures (especially food, education and health expenditures) for the poorest of the poor families. Primary data of 156 households (3.44 % of the beneficiaries’ households, which is equivalent to 0.58 % of the total population of the Tehsil), was collected from all the 7 union councils of Tehsil Mankera, District Bhakkar through proportionate sampling. The data was analyzed through SPSS for frequency distribution and Chow’s test was applied to check the structural stability in the social status of the beneficiaries before and after the program. The results showed that there was a structural stability in the life of the BISP beneficiaries after the program was started and their expenditure and thus consumption patterns had also increased. This improvement in consumption pattern means progress in the welfare of the beneficiary population which shows there is a trend towards reducing poverty.

Keywords:
BISP poverty welfare of the people trend in reduction of poverty

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