AIRLINK 78.39 Increased By ▲ 5.39 (7.38%)
BOP 5.34 Decreased By ▼ -0.01 (-0.19%)
CNERGY 4.33 Increased By ▲ 0.02 (0.46%)
DFML 30.87 Increased By ▲ 2.32 (8.13%)
DGKC 78.51 Increased By ▲ 4.22 (5.68%)
FCCL 20.58 Increased By ▲ 0.23 (1.13%)
FFBL 32.30 Increased By ▲ 1.40 (4.53%)
FFL 10.22 Increased By ▲ 0.16 (1.59%)
GGL 10.29 Decreased By ▼ -0.10 (-0.96%)
HBL 118.50 Increased By ▲ 2.53 (2.18%)
HUBC 135.10 Increased By ▲ 2.90 (2.19%)
HUMNL 6.87 Increased By ▲ 0.19 (2.84%)
KEL 4.17 Increased By ▲ 0.14 (3.47%)
KOSM 4.73 Increased By ▲ 0.13 (2.83%)
MLCF 38.67 Increased By ▲ 0.13 (0.34%)
OGDC 134.85 Increased By ▲ 1.00 (0.75%)
PAEL 23.40 Decreased By ▼ -0.43 (-1.8%)
PIAA 26.64 Decreased By ▼ -0.49 (-1.81%)
PIBTL 7.02 Increased By ▲ 0.26 (3.85%)
PPL 113.45 Increased By ▲ 0.65 (0.58%)
PRL 27.73 Decreased By ▼ -0.43 (-1.53%)
PTC 14.60 Decreased By ▼ -0.29 (-1.95%)
SEARL 56.50 Increased By ▲ 0.08 (0.14%)
SNGP 66.30 Increased By ▲ 0.50 (0.76%)
SSGC 10.94 Decreased By ▼ -0.07 (-0.64%)
TELE 9.15 Increased By ▲ 0.13 (1.44%)
TPLP 11.67 Decreased By ▼ -0.23 (-1.93%)
TRG 71.43 Increased By ▲ 2.33 (3.37%)
UNITY 24.51 Increased By ▲ 0.80 (3.37%)
WTL 1.33 No Change ▼ 0.00 (0%)
BR100 7,493 Increased By 58.6 (0.79%)
BR30 24,558 Increased By 338.4 (1.4%)
KSE100 72,052 Increased By 692.5 (0.97%)
KSE30 23,808 Increased By 241 (1.02%)

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday decided in principle to provide subsidy on five essential items, including wheat flour, sugar, ghee/ edible oil, pulses and rice for the poor and backward segments during the next fiscal year.

The said subsidy, a major relief for the poor and backward segments, would be provided across the country through Utility Stores.

The prime minister was presiding over a high-level meeting about the Utility Stores. Federal ministers Miftah Ismail and Makhdoom Murtaza Mahmood, and relevant senior officers were present in the meeting.

The prime minister also approved expansion in the network of Utility Stores in Karachi.

He said the less number of Utility Stores in Karachi was not acceptable in any way, and directed a comprehensive plan for raising the number of utility stores should be presented within two weeks.

He said as the backward segment required maximum relief, the government was ready to spend every cost for that purpose. Providing relief to the poor on essential items was the foremost priority of the government, he added.

5 edible items: Subsidy likely to continue for 2 more months

The prime minister said a comprehensive, consolidated, transparent and digital subsidy system should be formulated, under which relief be provided especially to the backward segment on priority basis.

He also called for the formulation of a strategy to reform the subsidy system in cooperation with the ministers for Finance, Industries & Production and Poverty Reduction.

The meeting was briefed in detail about the provision of subsidy through the Utility Stores, targeted subsidy for the backward segment, expansion in the number of Utility Stores across the country and progress on the programme of providing cheaper wheat flour in Khyber Pakhtunkhwa under the prime minister’s vision.

It was told that besides 1,380 franchises, the Utility Stores Corporation was directly running 3,822 stores across the country. Over 300 new stores would be opened in Balochistan, Sindh, Azad Kashmir, Gilgit Baltistan and Punjab by July 30.

The meeting was also informed that so far 113 million people had benefited from Prime Minister Shehbaz Sharif’s relief package and got subsidies of Rs 60 per kg on wheat flour, Rs 21 on sugar, Rs 250 on ghee, and Rs 15 to Rs 20 on pulses and rice.

The digital subsidy system was linked with the data of National Data and Registration Authority (NADRA) and Ministry of Poverty Reduction.

It was further told that the provision of cheaper wheat flour was being ensured in the province of Khyber Pakhtunkhwa through 942 Utility Stores. Whereas on the special instructions of Prime Minister Shehbaz Sharif, 1,000 new sale points and 200 mobile stores were being added.

Regarding Balochistan, the meeting was told that after the visit of Prime Minister Shehbaz Sharif during the month of Ramazan and under his special direction, the provision of essential items at cheaper rates in the province was being ensured.

For that purpose, besides Utility Stores, mobile stores had also been established in the province to ensure the provision of subsidy in far flung areas.

Comments

Comments are closed.