• ECC allows transfer of marine assets to PNSC subsidiary
• Orders import of 200,000 tonnes of sugar
• Approves procurement of 200,000 cotton bales by TCP
ISLAMABAD: The government on Friday ordered import of 200,000 tonnes of sugar to build strategic reserves and increased the prices of wheat flour, ghee and sugar by up to 53pc for sale through the Utility Stores Corporation (USC).
The decisions were taken at a meeting of the federal cabinet’s Economic Coordination Committee (ECC), which was presided over by Finance Minister Shaukat Tarin and was attended by only two other members of the 14-member ECC.
The ECC also allowed import of 200,000 bales of cotton to meet requirements of the textile industry and made about Rs116 billion non-cash book adjustment in various public sector power producers to contain circular debt.
ECC Approves Higher Rates for Essential Commodities at Utility Stores
ECC Approves Higher Rates for Essential Commodities at Utility Stores
File photo
Meeting approves procurement of cotton bales, import of sugar, and auction of spectrum to improve mobile phone services in Pakistan-administered Kashmir
The federal cabinet’s Economic Coordination Committee (ECC) on Friday approved a substantial hike on prices of essential commodities such as wheat flour, ghee and sugar, notably allowing the subsidized Utility Stores Corporation to sell them at rates closer to market values.
In a statement issued after the meeting, which was led by Finance Minister Shaukat Tarin and attended by one two of the committee’s 14 members, the ECC said it had increased the prices of the edibles on the recommendation of the Ministry of Industries and Production. It said that the price of ghee at the subsidized Utility Stores was increasing from Rs. 170/kg to Rs. 260/kg, a 53 percent hike. Similarly,
These houses are cheaper and easier to setup and if they are sturdy enough.
Should be built in areas which are non agricultural zone and could be offered to government employees for no extra for working lets say 20 to 25 years.
That will help state and younger employees.
And if they add solar panels on top and connect these to grid it will increase Pakistans energy s capacity as well.
Click to expand.In such case, you will have a huge water supply issues to those cities which are built over water deprived desert land or semi arid land. As each house will have lawn, car wash and house water consumption will require more money to be spend. We have example of Australian cities