Rs. 12.640 billion subsidy on power supply to industrial sector

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

Add Mettisglobal as a Trusted Source on Google

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	170,765.22 212.46M	0.16% 266.28
ALLSHR	103,241.06 481.66M	0.13% 137.96
KSE30	50,813.89 65.25M	0.15% 74.20
KMI30	244,391.30 71.96M	0.08% 186.13
KMIALLSHR	66,928.26 309.74M	0.08% 55.24
BKTi	47,274.31 12.11M	0.30% 141.41
OGTi	35,009.43 4.22M	0.13% 46.86

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	84,295.00	85,595.00 84,120.00	-125.00 -0.15%
BRENT CRUDE	105.87	106.47 105.06	1.55 1.49%
RICHARDS BAY COAL MONTHLY	123.00	0.00 0.00	-0.10 -0.08%
ROTTERDAM COAL MONTHLY	136.55	0.00 0.00	-0.20 -0.15%
USD RBD PALM OLEIN	1,167.50	1,167.50 1,167.50	0.00 0.00%
CRUDE OIL - WTI	93.43	93.80 92.68	1.02 1.10%
SUGAR #11 WORLD	18.54	0.00 0.00	0.04 0.22%