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GOVT Provides Rs. 50/L Petrol Subsidy

petrol subsidy

Andleeb Sidhu by Andleeb Sidhu
March 20, 2023
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GOVT Provides Rs. 50L Petrol Subsidy
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Overview

During this high inflation, the government of Pakistan has decided to provide a petrol subsidy of Rs. 50/Liter for motorbikes, rickshaws, and cars of up to 800cc.

The purpose of a subsidy for petrol is to help low-income employees. Rickshaws and motorbike drivers suffer a lot due to high petrol prices. Due to the high fuel rates, rickshaw owners face a lot of trouble to earn money. Hope so, this will not only be left for the shine of papers and implementation will happen.

PM Shehbaz Sharif Meeting

On Sunday Prime Minister Shehbaz Sharif conduct a meeting in Lahore with officials and discuss the suggested relief package in petrol. In the subsidy, the package government has included rickshaws, motorbikes, and cars with up to 800cc engine displacement.

The relief subsidy in petrol price for Rs. 50/Liter is significantly provided to make earning easy and to manage expenses in the right way. Motorbike and rickshaw drivers probably belong to the lower-income sector. This will make good sense for them. Meanwhile, cars up to 800cc engine displacement are also owned by people belonging to the middle class.

conclusion

The government has made living easy for the lower and middle classes. But there are no details come by the government that how this petrol subsidy received to the mentioned. We have shared the information that the government has planned to offer but from now is not revealed yet.

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Tags: Petrol Pricespetrol subsidy
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