Prime Minister Expands Subsidy on Essential Goods On Utility Store

Prime Minister Expands Subsidy on Essential Goods On Utility Store

The Prime Minister of Pakistan has announced a new relief package aimed at helping the public, especially those benefiting from the Benazir Income Support Programme (BISP). The package includes an increased subsidy on essential goods like sugar, pulses, and flour, which will be available at Utility Stores across the country. Inayat Ullah Daula, the Spokesman for Utility Stores Corporation (USC), shared this information during a talk with PTV news. He emphasized that this new package is designed to provide financial relief to the lower-income population.

AspectDetails
Subsidy IncreaseFrom Rs 2,734 to Rs 3,650
Total BudgetIncreased from Rs 35 billion to Rs 60 billion
Main FocusProviding subsidized essential goods
MonitoringInflation observed to be low, essential items available in good quality

Increase in BISP Monthly Assistance

As part of the new relief package, the monthly financial assistance for BISP beneficiaries has been significantly increased. Last year, beneficiaries received Rs 2,734 each month. This year, the amount has been raised to Rs 3,650, marking an approximate 23% increase. This increase is part of the government’s broader effort to support low-income families who rely on BISP for their essential needs. The government recognizes the challenges faced by these families due to inflation and has taken steps to ensure they receive more financial support. The additional funds will help these families afford basic necessities like food, clothing, and shelter.

Expanded Budget for Relief Packages

The Prime Minister has also significantly increased the budget for relief packages this year. Last year, the government allocated Rs 35 billion for these packages. This amount included Rs 30 billion for the Prime Minister’s Relief Package and Rs 5 billion for the Ramadan Package. However, recognizing the need for more support, the Prime Minister has increased the budget to Rs 60 billion for the current year. Out of this, Rs 50 billion has been set aside for the Relief Package, and Rs 10 billion for the Ramadan Package. This increase in funding demonstrates the government’s commitment to helping the most vulnerable members of society.

Focus on Subsidized Essential Goods

  • Essential goods like sugar, pulses, and flour are included in the subsidy.
  • Subsidized goods will be available at Utility Stores.
  • The government aims to reduce the financial burden on poor families.
  • Access to quality food products is a priority.

Monitoring and Quality Control

The government has also emphasized the importance of monitoring and quality control in the distribution of these subsidized goods. Inayat Ullah Daula, who is also a member of the National Price Monitoring Committee, observed that inflation is relatively low, which is a positive sign for the economy. He assured the public that all essential items are available in good quality at Utility Stores. The government is committed to ensuring that the public receives the best possible products at the lowest possible prices. This focus on quality control is crucial to the success of the relief package, as it ensures that the public benefits fully from the subsidies.

Conclusion

The expanded subsidy on essential goods under the new relief package is a significant step by the government to support the lower-income population. By increasing the financial assistance for BISP beneficiaries and raising the budget for relief packages, the government has shown its commitment to providing relief to those in need. The focus on subsidized essential goods and strict monitoring of prices and quality control will ensure that the public receives the full benefit of this package. The government’s efforts to reduce inflation and provide affordable, quality products at Utility Stores will greatly help low-income families across Pakistan.

Also Read: The Government of Punjab Launched a New Tourist Bus Service Between Nathia Gali and Murree

FAQs

What items are included in the subsidy under the new relief package?

The subsidy under the new relief package includes essential goods like sugar, pulses, and flour.

How much has the monthly financial assistance for BISP beneficiaries increased?

The monthly financial assistance for BISP beneficiaries has increased from Rs 2,734 to Rs 3,650, marking an approximate 23% increase.

What is the total budget for the relief packages this year?

The total budget for the relief packages this year has been raised to Rs 60 billion, with Rs 50 billion allocated for the Relief Package and Rs 10 billion for the Ramadan Package.

Is the quality of subsidized goods being monitored?

Yes, the government is closely monitoring the quality of goods at Utility Stores to ensure they are of good quality and available to the public at affordable prices.

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