The upcoming Ramazan relief package, valued at a substantial Rs7.49 billion and set to be implemented at Utility Stores nationwide, has become a focal point of attention as officials gear up to introduce targeted subsidies on essential items starting from March 4.
The relief package, meticulously crafted by officials at Utility Stores, aims to ease the financial strain on consumers during the sacred month of Ramazan by extending discounts on 19 fundamental items through targeted subsidies. These subsidized essentials include flour, sugar, ghee, cooking oil, rice, pulses, dates, besan (chickpea flour), milk, beverages, and spices.
However, it’s important to note that only beneficiaries enrolled in the Benazir Income Support Program (BISP) will qualify for the targeted subsidy under the Ramazan package. Meanwhile, special discounted prices on essential commodities will be made available for the general populace, complementing the targeted subsidy earmarked for BISP beneficiaries. The Ramazan Relief Package 2024 application period will extend until Chaand Raat, allowing consumers ample opportunity to avail themselves of the benefits offered on subsidized items.
Significantly, this year’s Ramazan package, valued at Rs7.49 billion, marks a notable increase compared to last year’s allocation of Rs5 billion. This augmented allocation underscores the government’s steadfast commitment to providing essential relief to citizens during the auspicious month of Ramazan.
Contrastingly, the caretaker government’s recent decision to hike petrol prices by Rs2.73, reaching Rs275.62 per liter, has sparked public concern. Simultaneously, the price of high-speed diesel has surged by Rs8.37 per liter, now standing at Rs287.33 per liter, as per the latest notification. Furthermore, the government’s approval of a 67% increase in gas prices has drawn significant backlash from the public, exacerbating the already burdensome cost of living starting from February 1.
Following the Economic Coordination Committee’s recommendation, the decision to escalate gas prices entails a substantial surge for protected and non-protected customers, with rates soaring by Rs100 and Rs300 per MMBTU (million British thermal units), respectively. This abrupt hike underscores the pressing need for careful economic management and equitable distribution of resources to mitigate the impact on consumers’ livelihoods.
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