Government give Rs 100 billion subsidy to agriculture sector

The federal cabinet has decided to provide Rs 100 billion subsidy to agriculture sector to improve the sufferings of farmers in Pakistan.

Government give Rs 100 billion subsidy to agriculture sectorSpecial Assistant to the Prime Minister on Information & Broadcasting Dr Firdous Ashiq Awan talked to media to inform proceedings of the meeting of federal cabinet chaired by Prime Minister Imran Khan.

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She said when Pakistan Tehreek-e-Insaf (PTI) government came to power, circular debt was very high which has been brought down by this government.

The cabinet was informed that Rs 242 billion subsidy was given to protect consumers using up to 300 electricity units from fuel adjustment effects.

She said the industrial sector was given Rs 29 billion subsidy whereas Rs 100 billion subsidy is being given to agriculture sector.

She further said the PM also directed the Water and Power Division to bring the summary of fixed billing for tube-well farmers in the next meeting. The cabinet also asked the division to take steps for redressing consumers’ reservations about tampering with meters by Discos’ employees which results in additional burden on consumers.

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The cabinet appreciated the performance of the Water and Power Division in controlling line losses and taking steps to introduce a regulatory mechanism in Discos.

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She said the cabinet was informed that Rs 10 billion subsidy was given to fertilizer industry to ensure stability in the prices of fertilizers.

She said the domestic consumers were given Rs 19 billion subsidy in 2018-19 whereas the estimate of the subsidy for year 2019-2020 is Rs 30 billion.

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