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The federal government is closing down all the utility stores across the countryThe federal government is closing down all the utility stores across the country

Last Updated on: 24th August 2024, 01:10 pm

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For those who are eligible beneficiaries of the Benazir Income Support Programme (BISP) and receive subsidized rashan at utility stores, this latest update brings sad and unexpected news. The government of Pakistan has announced plans to close all utility stores in the next two weeks, a move that could hit many people, including BISP beneficiaries, badly. Is this news true? Let’s explore the details.

The federal government is closing down all the utility stores across the country

The federal government is closing down all the utility stores across the country

According to recent reports, the Pakistani government is planning to close all utility stores across the country. The reasons cited include reducing public spending and moving away from corporate initiatives deemed unnecessary. On Friday, the Secretary of the Ministry of Industries and Production (MoIP) announced that discussions were underway regarding a possible closure. BenazirKafaalat.pk

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Impact on BISP beneficiaries: subsidized essentials disappear

If these closures continue, BISP beneficiaries who depend on subsidized food items like ghee, flour, and sugar will face the harsh reality of having to pay high prices. The Benazir Income Support Programme has enabled thousands of women to buy essential items at reduced prices, providing much-needed relief at a time of rising inflation.

MoIP Secretary says employees face uncertainty over relocation plans

Reacting to these developments, MoIP Secretary Saif Anjum mentioned that efforts were being made to reassign employees of utility branches to other institutions. The government’s plan to withdraw from non-essential businesses has raised concerns among around 11,000 workers, including 6,000 permanent employees, who now face an uncertain future.

Also Read: BISP Blocked 25 retailers for money deduction from beneficiaries without any reason

Government ends Rs 50 billion subsidy affecting 26 million people

The subsidy, which enabled up to 25% savings on essential items such as rice, sugar, ghee, flour, and lentils, has already been removed. With these items now being sold at regular market prices, low-income households are finding it increasingly difficult to manage their expenses.

As part of the action plan to close these shops, the Industries Minister mentioned that a scheme for affected workers is being considered.

Also Read: BISP Launches 18 Satellite Vans for NSER Survey Registration in 18 Districts

Protests start in Punjab after utility stores close down

News of possible closures started protests in Punjab. Utility workers gathered outside their regional headquarters in Lahore, carrying banners and demanding the government to reconsider its decision. The closure of these shops is expected to have a significant negative impact on millions of low-income families who have long relied on affordable basic needs.

What’s the impact of utility stores closing down on BISP families

Key Point Related Details
Subsidized Basic Needs Families lose access to affordable food items such as ghee, flour, and sugar.
Impact on Workers Approximately 11,000 workers, including 6,000 permanent employees, may lose their jobs.
Removal of Subsidies Up to 25% savings on basic needs removed, increasing financial strain on poor families.
Government’s Decision Part of a broader exit strategy for non-essential businesses, impacting retail sector competition.
Public Protests Store employees and low-income shoppers have been publicly protesting.
Future of BISP Beneficiaries Increased financial strain and possibly a reduced quality of life without access to affordable food.

Also Read: BISP partners with the Overseas Ministry to provide skill training with international certification

Last Words

The government’s decision to close utility stores across the country has started widespread concern. BISP beneficiaries risk losing access to subsidized essential goods, while thousands of employees face job insecurity despite relocation guarantees. The coming days will show how this situation plays out for the many people affected by these decisions.

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