PESHAWAR, Nov 09 (APP): Provincial Minister of Information and Higher Education Kamran Bangash said on Tuesday that a grant of Rs 20 billion would be provided to more than 26 lake households in Khyber Pakthunkhwa in the part of the Prime Minister’s food program over the next six months.
Addressing a press conference here at the Information Cell, the minister said the KP government will provide a whopping 17 billion rupees while the federal government will contribute 7 billion rupees to the food subsidy program. the premier of 120 billion rupees in the province.
He said 20 million households in Pakistan supporting 130 million people, including more than 26 Lake families in Khyber Pakthunkhwa, would benefit from this landmark program, adding that a 30% subsidy on flour, ghee / oil cooking and legumes would be given to poor families.
The minister said training of traders from selected Karyana stores was nearing completion to ensure rapid and seamless distribution of said package among people using an app designed through their Android phone services.
He said the KP government has completed all arrangements for the rapid implementation of the package in the province through selected Karayana stores.
Up to eight lakes at one million Karyana stores and four to five million general mini-stores were available in every nook and cranny of Khyber Pakthunkhwa. He said a government official would be deployed to monitor and distribute the government relief package to Kayrana stores for its seamless distribution.
He said 10,000 tons of sugar had been imported and its distribution had started in the province, adding that a kilogram of sugar was now available at Rs 90 in the market today against Rs 135 the other day.
The Information Minister said strict action would be taken against elements involved in price hikes, hoarding and black marketing. He said the 20 billion rupee subsidy under the prime minister’s program would be provided to the residents of KP for six months. He hinted that he would extend the package after six months to help those affected by Covid-19.
Kamran Bangash said inflation was an international problem and not specific to Pakistan, adding that pulses were available at around Rs 338 per KG in India, Rs 334 in Bangladesh and only Rs 162 per KG in Pakistan. Likewise, flour (attack) per kilogram is available at Rs 60 in Pakistan and Rs 83 each in Banglash and India.
He said the highest inflation was reported in Canada after 20 years, Britain after nine years, the United States after 12 years and China after 26 years, adding that global inflation also had a negative effect on our products used daily this year due to the coronavirus. pandemic.
He said KP’s total wheat production was between 1.1 million tonnes and 1.6 million tonnes, while about 4.4 million tonnes represented the province’s total requirements.
To check flour prices, he said the KP government had increased the subsidy allocation to the tune of Rs 11 billion this year on wheat flour from Rs 2.5 billion a few years ago. adding that our province depended mainly on Punjab flour.
The minister said petroleum products saw a sharp increase in international markets from $ 45 to $ 85 and were now available at the lowest Rs145 per liter in Khyber Pakthunkhwa. He said that a 38% increase in the purchasing power of KP residents was recorded during the PTI government.
He said the previous government failed to focus on industrialization, raw material imports, exports and other key income-generating sectors, which means that the country is now facing inflation.
The minister said the economy was heading in the right direction and investments were coming to Khyber Pakthunkhwa due to the government’s prudent economic policies, while referring to the Rashakai Special Economic Zone (RSEZ) of the CPEC.
He said investors started investing in RSEC after signing development agreements and most of the dead industrial units in Ghadoon Amazai started producing, which was a positive sign for industrial and economic growth.