Agricultural subsidy: PTI government takes important step

Agricultural subsidy: PTI government takes important step

ISLAMABAD - The Economic Coordination Committee (ECC) has taken important decision over agriculture subsidy.

ECC has recommended a supplementary grant of Rs. 1.80 billion for agriculture tube well subsidy on the proposal of Ministry of Energy (Power Division).

The meeting of the ECC was held on Tuesday. Finance Minister Asad Umar chaired the meeting.

On a proposal of Ministry of Commerce, relating to export of sugar, the ECC approved waiving off of the condition related to the start of crushing on 15 November. The committee observed that the matter relating to freight support etc for exports fall in the domain of the respective provincial governments. With regard to the outstanding claims for the previous years, the committee directed finance division to release the budgeted amount.

ECC allowed allocation of up to 30 MMCFD gas from Zafir field, district Sanghar, to Sui Southern Gas Company Ltd (SSGCL).