Prime Minister Imran Khan has announced that the government will help people who earn less than Rs.25,000 per month in buying rations.
The decision was taken during the cabinet’s meeting that explored ways to provide relief to low-income groups at a time of high inflation.
According to details, the government will help low-income groups in buying wheat, sugar, cooking oil, pulses, and other basic commodities.
The cabinet has also decided to allocate a significant amount of funds in the upcoming budget for this initiative.
PM Imran Khan says that the government is dedicated to providing relief to the poor segment of the society.
Prime Minister Khan twitted that the government’s efforts, including subsidy accorded to the Utility Stores Corporation (USC), has resulted in bringing down inflation by 2.16%. Inflation for February 2020 was recorded at 12.40% compared to 14.56% in January.
Earlier in January, PM Khan had officially approved an Rs. 6 billion subsidy package for USC.
Prices of commodities such as wheat, cooking oil, rice, and legumes went down significantly following the subsidy package.
The subsidy package for USC resulted in an 800% increase in sales of the enterprise for the month of January.
According to Business Recorder