ECC approves Rs48bln Ehsaas emergency cash program
Business
May 27, 2021
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Wednesday approved Rs48 billion for the second phase of Ehsaas emergency cash program to provide a one-time cash grant to families affected by coronavirus lockdown.
The ECC approved the launching of 2nd phase of Ehsaas emergency cash program that envisages increasing the number of regular Ehsaas Kafalat beneficiaries to 8 million by June 2021 through the ongoing national socioeconomic registry survey.
All these beneficiaries will be provided a 6-monthly tranche (January- June 2021) of Rs12,000 per beneficiary under Ehsaas Kafalat. Four million additional beneficiaries will be identified through the ongoing the survey by using higher eligibility threshold while remaining below the poverty line.
ECC approves Rs48bln Ehsaas emergency cash program
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ECC approves Rs48bln Ehsaas emergency cash program
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ECC withdraws customs duty on import of cotton yarn
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ECC withdraws customs duty on cotton yarn import
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ECC also approves Rs11.7b for mother & child hospitals in Punjab
ISLAMABAD (Dunya News) – The Economic Coordination Committee (ECC) of the Cabinet Wednesday withdrew Customs Duty on import of cotton yarn till June 30,2021, to ensure smooth supply of the commodity to the value-added industry, while bridging the gap between domestic production and overall demand for the inputs.
The summary for withdrawal of Customs Duty on import of Cotton Yarns under PCT 5205, 5206 and 5207 was presented by Secretary, Ministry of Commerce before the cabinet committee, the meeting of which was chaired by the Federal Minister for Finance, Revenue, Industries and Production, Muhammad Hammad Azhar.