

On 18 June 2017, BISP launched an e-commerce platform for its beneficiaries. The Waseela-e-Taleem initiative will condition cash payments on primary school enrolment for the children of eligible families. The Benazir Income Support Programme is planning to launch a new initiative that encourages human capital development through a conditional cash transfer. At the program's start in 2008, the Pakistani government allocated RS 34 billion, or $425 million, for BISP the allocation doubled to RS 70 billion, or $875 million in the following year.

For the 2009–2010 fiscal year, the program was expanded to cover 5 million low-income families. In the 2008–2009 fiscal year, more than 3 million Pakistani families received cash transfers through BISP this figure accounts for 1.5% of the general population and 10% of the population below the poverty level. BISP spending accounts for 0.3% of Pakistan's GDP. īISP is currently the largest aid program in Pakistan and the government's third largest budgetary allocation. Along with the economic development aims of the program, BISP also seeks to empower women by presenting cash transfers directly to female members of households. BISP arose against this backdrop as a means to address reductions in purchasing power. Since 2005, the purchasing power of many Pakistani families has been eroded by high inflation and the increasing cost of food and oil.

The program's name is a tribute to former Prime Minister and widow of President Zardari, Benazir Bhutto, who was assassinated in 2007. The Benazir Income Support Programme was established in 2008 by Yousaf Raza Gillani who took the advice of President Asif Ali Zardari.

The program is named after Prime Minister Benazir Bhutto.
