The Economic Coordination Committee (ECC) of the Cabinet has approved a major relief package for national grid electricity consumers, allowing Rs50 billion, collected through levies on captive power plants, to be passed back to the general public.
The ECC meeting, chaired by Finance Minister Muhammad Aurangzeb, was held at the Finance Division on Tuesday, The News reported.
The committee considered a summary submitted by the Ministry of Kashmir Affairs and Gilgit Baltistan and States and Frontier Regions for the release of funds for flood relief in Gilgit Baltistan in line with the prime minister’s directives.
The committee approved the release of Rs3 billion for the timely provision of tents, medicines, food and other essential supplies for the affected families, as well as for reconstruction of the damaged infrastructure and early recovery measures to support the affected communities.
The ECC considered a summary from the Ministry of Information and Broadcasting on a Technical Supplementary Grant of Rs11 billion in favour of the Pakistan Television Corporation (PTVC) against Tariff Adjustment and Net Metering, and approved Rs3.813 billion, with the remaining to be released on a quarterly basis for payment of salaries, pensions and operational expenses of the state broadcaster.
