19 essential commodities to be subsidised under Ramzan package: USC

ISLAMABAD: Managing Director of Utility Stores Corporation (USC) has announced subsidisation of 19 essential commodities up to Rs50 per kilogram to its consumers under Ramzan package, ARY News reported on Tuesday.

The state-owned enterprise has announced provision of subsidy on 19 commodities under Ramzan package, the managing director said in his statement.

According to the announcement, subsidy of Rs4 per kilogram would be given for wheat flour and Rs5 per kg for sugar besides introduction of ration cards for needy people on all outlets of the utility stores.

USC has also decided to distribute 0.1 million ration bags among locals of Balochistan provinces, the statement said.

Earlier in the day, Finance Minister Asad Umar chaired a meeting of the Economic Coordination Committee (ECC) of the federal cabinet where a twelve-point agenda including approval of the Ramzan package came under discussion.

The meeting approves proposal tabled by the Ministry of Industries and Production for Rs2 billion Ramzan relief package to facilitate its nationals during the upcoming holy month.

The holy month of Ramzan is likely to commence from May 6 in accordance with the lunar calendar.