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Baner Club > Blog > Ecnomics > Government to subsidize power sector by Rs487 billion
EcnomicsPakistan

Government to subsidize power sector by Rs487 billion

Under a plan, significant portion of subsidy earmarked for various consumer categories for targeted support

Last updated: 2024/09/19 at 3:52 PM
Published September 19, 2024
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With a total budget of Rs487 billion, the Energy Ministry has unveiled a comprehensive plan detailing how consumers in the power sector will receive subsidies in the future.

The idea calls for these subsidies to be connected to social protection programs, with the Benazir Income Support Programme (BISP) data being used to identify the recipients.

This model ensures targeted support by allocating a sizeable share of the subsidy to different consumer categories:

Lifeline users: Because they are the most vulnerable and use the least amount of electricity, a subsidy of Rs. 20 billion is proposed for them.

Protected consumers (up to 200 units): A subsidy of Rs 380 billion is anticipated for customers who use up to 200 units of electricity each month.

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admin September 19, 2024 September 19, 2024
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