ISLAMABAD: The Rs 2 billion Ramazan Package would be implemented from today (Monday) through the Utility Stores with an objective to make daily-use items available to the masses at reduced prices.
A senior official at the USC told Daily Times that the common man would witness a relief while purchasing daily-use items during the holy month of Ramazan at the outlets of Utility Stores under the Rs 2 billion Ramazan Package announced by the government. There would be five to 10 percent reduction in prices of over 1,500 items at above six thousand outlets of the Asia’s largest retail network - the Utility Stores Corporation (USC) across the country.
Giving details of the Ramazan Package, he said that under this package, the prices of cooking oil will see a cut of Rs 28/litre, ghee Rs 25 per kilo, while rice and pulses will see a decline of Rs 10 per kilo. There will also be Rs 10 per kilo decrease in the price of basin, packed milk, and dates. The price of 20-kilogram flour bag will be reduced by Rs 120 and it will be available to the consumers at Rs 655, he added. “The Ramazan Package is to start on Monday will, however, continue till Eidul Azha’s night,” the official said.
It is worth mentioning here that the ECC had earlier approved a Rs 2 billion Ramazan Package. The ECC also approved a subsidy of Rs 6 per kilogram on floor, Rs 10/kg on oil, pulses, basin, drinks etc besides Rs 50/kg subsidy on tea. Besides, the USC has presently sixty five (65) regional offices which are headed by regional managers and monitored/supervised by ten zonal managers besides above 6,000 outlets across the country in which over 16,000 employees are working. The main aim of the group is to sell commodities at very cheap prices to the poor so as to provide essential and other items of daily-use to the public, especially the poorer segments of the society, at prices comparatively lower than the market. This is to be carried out while acting as a price moderator and deterrent to profiteering, hoarding and black marketing, thereby the aim is to provide economic relief to the public.
ISLAMABAD: Prime Minister Nawaz Sharif on Friday announced a major cut in prices of petroleum ...