It has been realized from knowledgeable sources that the Ministry of Finance has allotted 681 billion rupees within the type of energy tariff subsidy for the finances of the following monetary yr. It is going to be introduced within the federal finances with the situation that no supplementary, common or technical finances can be supplied.
Sources mentioned that 276 billion for energy differential subsidy, 9 billion 50 crore rupees for agricultural tube wells for Balochistan, 65 billion rupees for FATA, 174 billion rupees for TDS Electrical, Pakistan Vitality Revolving Account. 48 billion rupees and 108 billion rupees are being saved for Azad Kashmir.
The overall subsidy within the energy sector for the brand new monetary yr can be Rs.1 billion and 90 lakhs. The Energy Division had demanded Rs.1250 billion.
In keeping with the sources, the Ministry of Finance has set sure circumstances which have to be complied with. It’s the obligation of the heads of all departments and establishments to stick to those circumstances throughout the willpower of budgetary issues.