PM Khan launches Ehsaas Saving Wallet Scheme - New Beginning
This scheme will help in saving money and helping beneficiaries to withdraw source: dailypakistan.com.pk

New Campaign for saving money – PM Khan launches Ehsaas saving wallet scheme

Today, PM Khan launches Ehsaas saving wallet scheme for the financial establishment of females. The PM inaugurated this new initiative in Islamabad. While addressing the ceremony, Imran Khan said that the Ehsaas Program of Pakistan has secured 4th position on the World’s bank report. Additionally, this report is based on the countries that aid their poor community to overcome poverty during the coronavirus pandemic.

Furthermore, the PM says that they use technology to aid people across the country. “It is crucial to guard of the poor communities of the countries, PM Khan added. We need to make a socially prosperous state that guards its people. Additionally, the government of Pakistan is making efforts to introduce the programs and schemes for females as well.

In this regard, the government aims to make women capable of starting their own business. The PM mentioned that we cannot become successful if we continuously ignore the poor community.

The program provides a facility to save or withdraw money:

In addition, the Ehsaas Kafaalat Beneficiaries can either withdraw their money or save it into their Digital Ehsaas wallets under this program. This startup will help the poor community in multiple ways, i.e. managing household’s financial shocks, fulfilling emergency requirements as well as investing for the increment in their earnings. All of these factors help them in fighting poverty. 

Further, the initial withdrawal from these digital accounts provides balance analysis.  It also provides a facility for outgoing and incoming cash. Moreover, the transfer of cash through the Ehsaas program in the mobile accounts. Also, the utility bills, payments of bills and money transfer

Conclusion:

All in all, PM Khan launches Ehsaas Saving Wallet Scheme that the key objective of this Ehsaas program is to enhance the savings which, later on, helps to overcome poverty. Additionally, it will also open the ways for the financial involvement that is introduced under “One Woman One Bank Account Policy” respectively.

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