Rs. 12.640 billion subsidy on power supply to industrial sector

By MG News | August 31, 2017 at 04:00 PM GMT+05:00

0:00

As a part of Prime Minister’s Industrial Support Package announced in February 2016, Ministry of Finance has approved release of Rs. 12.640 billion as subsidy on power supply to industrial sector.

It may be recalled that in 2016, Government had also provided industrial support subsidy amounting to Rs. 5.6 billion.

Finance Minister, Senator Mohammad Ishaq Dar has meanwhile said that Government’s support to Industrial sector aims to boost the manufacturing activity and help enhance exports of value added products. It also aims to stimulate economic activity leading to greater job opportunities in the country, the Minister added.

Related News

Name	Price/Vol	%Chg/NChg
KSE100	132,561.89 114.61M	-0.63% -841.30
ALLSHR	82,947.05 648.22M	-0.29% -241.00
KSE30	40,334.61 40.63M	-0.78% -316.85
KMI30	190,724.63 47.23M	-0.71% -1359.29
KMIALLSHR	55,693.30 329.27M	-0.28% -154.39
BKTi	36,146.60 7.21M	-0.76% -276.27
OGTi	28,291.87 7.85M	-0.51% -145.74

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	109,235.00	109,545.00 108,625.00	20.00 0.02%
BRENT CRUDE	70.53	70.57 69.85	0.38 0.54%
RICHARDS BAY COAL MONTHLY	97.50	0.00 0.00	2.05 2.15%
ROTTERDAM COAL MONTHLY	106.65	106.65 106.25	0.50 0.47%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	68.74	68.77 67.78	0.41 0.60%
SUGAR #11 WORLD	16.19	16.26 16.08	0.06 0.37%