Govt increases subsidy in budget

LAHORE - Vice Chairman Punjab Board of Investment and Trade (PBIT) Pir Saad Ahsanuddin has said that in accordance with the vision of Punjab Chief Minister Shahbaz Sharif a number of steps have been taken for providing relief to the deprived segments of the society in the budget. Pir Saad Ahsanuddin, while commenting on annual budget of Punjab for fiscal year 2010-2011, said the Punjab government had increased subsidy from Rs 15 billion to Rs 20 billion given for the welfare of the poor. He said a subsidy of Rs 13 billion would be provided on wheat, Rs 5 billion on Sasti Roti Scheme, Rs 2 billion on Ramzan Package and a subsidy of Rs 1 billion would be provided for improving public transport facilities. He said provision of free 5-marla plots to 2 lakh poor families of rural areas by the government will also help eradicate poverty from the province and provide shelter to homeless people. He said funds allocated for the welfare of the poor and lower middle class would help resolve their financial problems. He said the Punjab government is taking all-out measures for the economic uplift of those who are living below the poverty line.

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