ISLAMABAD: The government is contemplating to reveal a Rs1.73 billion subsidy package for the holy month of Ramazan on the provision of nineteen essential commodities.
This recommendation of a Rs1.73 billion Ramazan subsidy package was put forth by the Ministry of Industries and Production (MIP), reported Express Tribune.
An official disclosed the items suggested for concession in this subsidy package include dates, wheat flour, ghee, cooking oil, gram flour, gram pulse and sugar.
Also, the Economic Coordination Committee (ECC) of the cabinet will take up this proposal for go-ahead.
Aside this subsidy, it has been learnt the Utility Stores Corporation (USC) would be offering 5 to 10 percent discount on more than 1,500 items of daily use, by decreasing its margins to provide relief for poor sectors of the society.
Also, the authorities may offer a subsidy of Rs4 per kilogram on flour sales totalling Rs200 million for the holy month of Ramazan.
MIP has projected the supply of flour for the month of Ramazan to be around 50,000 tons.
And it is expected prices for ghee may be decreased by Rs15 per kilogram, gram pulse and gram flour by Rs20 per kg and dates by Rs30 per kg, the official shared.
The authorities will on total offer a subsidy of Rs200 million on cooking oil, Rs50 million on gram pulse, Rs22.50 million on dates and Rs450 million on ghee.
Basmati rice prices may reduce by Rs15 per kg, milk by Rs15 per kg and black tea by Rs50 per kg.
For mash pulse (washed) subsidy rate will stand around Rs10 per kg, Rs15 per kg for moong pulse (washed), Rs25 per kg on white gram, Rs15 per kg on broken rice, sella rice Rs25 per kg, Rs10 per 800 ml bottle of syrups and 10 percent on spices.
