Gilgit, February 2: The Pakistan Peoples Party led coalition government has withdrawn the wheat subsidy provided to Gilgit – Baltistan since the time of Zulfiqar Ali Bhutto.
According to sources, the prices of wheat and flour will be gradually be increased over the next several months to manage public backlash and fury.
After today’s decision a sack of wheat will cost 1125 rupees, 300 more than the subsidized price.
PPP sources are reportedly trying to persuade Islamabad for continuation of the subsidy.
It is pertinent to note that ZAB had subsidized wheat for the people of GB in view of the region’s higher poverty index and remoteness. In absence of significant agricultural land and industrial zones and reduction in tourism revenues, Gilgit – Baltistan is perpetually plagued by a weak economy. The region is considered to be among the most food-insecure regions of the world.
The decision to withdraw this vital subsidy has come as a surprise.
Many people are questioning the regime’s economic policies, in which NCP vehicles are being released to the relatively well-off individuals, but the impoverished are further weakened by withdrawal of wheat-subsidy.
May 23, 2016 Comments Off on Kalash- the Chilam Joshi festivalThe following two tabs change content below.BioLatest Posts...
May 17, 2016 1The following two tabs change content below.BioLatest Posts...
Jun 14, 2016 0The following two tabs change content below.BioLatest Posts...
Jan 11, 2016 Comments Off on SCO Logo Design Competition: Chance to win 50,000 rupees
Dec 28, 2015 Comments Off on Youth Internship Program-2016