Govt to slash power subsidy
Under first phase of reforms, subsidy for 8m consumers will come to end
Number of consumers taking benefit of subsidised tariffs will be limited to 13.9m as compared to current 22 million consumers and around Rs42b would be saved per year. PHOTO: REUTERS
ISLAMABAD:
Policymakers have approved power subsidy reform measures under which subsidy for 8 million consumers will come to an end in the first phase.
As part of reforms, the government will increase the ceiling for lifeline consumers from 50 units to 100 units per month.
At present, 22 million electricity consumers are getting subsidy. However, it will be limited to 13.9 million consumers, which will be only through the Ehsaas social welfare programme, following the implementation of reforms.