{"id":2775,"date":"2025-06-12T08:29:00","date_gmt":"2025-06-12T03:29:00","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=2775"},"modified":"2025-06-12T07:59:59","modified_gmt":"2025-06-12T02:59:59","slug":"govt-ends-utility-store-subsidies-in-budget-cutback","status":"publish","type":"post","link":"https:\/\/youdigital.pk\/en\/2025\/06\/12\/govt-ends-utility-store-subsidies-in-budget-cutback","title":{"rendered":"Govt Ends Utility Store Subsidies in Budget Cutback"},"content":{"rendered":"<p data-start=\"157\" data-end=\"583\"><strong>ISLAMABAD: The federal government has officially ended all subsidies for Utility Stores and the Ramazan Relief Package in the fiscal year 2025\u201326 budget.<\/strong><\/p>\n<p data-start=\"157\" data-end=\"583\">This move reflects a broader reduction in overall subsidies, which have been slashed by Rs. 190 billion compared to the previous year.<\/p>\n<p data-start=\"157\" data-end=\"583\">As per official figures, the total subsidy allocation now stands at Rs. 1,186 billion, down from Rs. 1,376 billion in FY 2024\u201325.<\/p>\n<p data-start=\"585\" data-end=\"1057\"><strong data-start=\"585\" data-end=\"622\">Key Consumer Subsidies Eliminated<\/strong><br data-start=\"622\" data-end=\"625\" \/>Major cuts include the complete withdrawal of financial support for Utility Stores and agricultural tube wells.<\/p>\n<p data-start=\"585\" data-end=\"1057\">No budget has been assigned to the Prime Minister\u2019s Ramazan Relief Package this year.<\/p>\n<p data-start=\"585\" data-end=\"1057\">Fertilizer subsidies have also been removed, though Rs. 7 billion has been reserved for urea imports.<\/p>\n<p data-start=\"585\" data-end=\"1057\">Support for solar tube wells in Balochistan and mark-up subsidies on Zarai Taraqiati Bank loans have also been discontinued.<\/p>\n<p data-start=\"1059\" data-end=\"1851\"><strong data-start=\"1059\" data-end=\"1095\">Sector-Wise Allocations and Cuts<\/strong><br data-start=\"1095\" data-end=\"1098\" \/>Despite these reductions, the power sector remains the top recipient of subsidies, getting Rs. 1,036 billion, though even this is Rs. 154 billion less than last year.<\/p>\n<p data-start=\"1059\" data-end=\"1851\">K-Electric will receive Rs. 125 billion as a tariff differential subsidy.<\/p>\n<p data-start=\"1059\" data-end=\"1851\">Industrial subsidies have been cut significantly to Rs. 24 billion from Rs. 68 billion.<\/p>\n<p data-start=\"1059\" data-end=\"1851\">Wheat supply in Gilgit-Baltistan and PASSCO operations each receive Rs. 20 billion.<\/p>\n<p data-start=\"1059\" data-end=\"1851\">Other allocations include Rs. 9 billion for the EV scheme and Rs. 7.3 billion for the Islamabad Metro Bus.<\/p>\n<p data-start=\"1059\" data-end=\"1851\">The housing sector is allotted Rs. 10 billion, and the State Bank\u2019s refinancing scheme gets Rs. 30 billion.<br data-start=\"1735\" data-end=\"1738\" \/>Rs. 1.2 billion has been allocated to the petroleum sector, while SMEs will receive Rs. 5.4 billion in support.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The federal government has officially ended all subsidies for Utility Stores and the Ramazan Relief Package in the fiscal year 2025\u201326 budget. This move reflects a broader reduction in overall subsidies, which have been slashed by Rs. 190 billion compared to the previous year. As per official figures, the total subsidy allocation now stands &hellip;<\/p>\n","protected":false},"author":6,"featured_media":2776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1350,1395,1394],"class_list":["post-2775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national-news","tag-budget2025","tag-policyshift","tag-subsidies"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2775","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=2775"}],"version-history":[{"count":1,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2775\/revisions"}],"predecessor-version":[{"id":2777,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2775\/revisions\/2777"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/2776"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=2775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=2775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=2775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}