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ISLAMABAD: (Web Desk) The Economic Coordination Committee (ECC) of the Cabinet has approved a technical supplementary grant of Rs 8.39 billion for the Benazir Income Support Program in the context of wheat seed subsidy for Rabi crop 2022-23.
The meeting of the Economic Coordination Committee of the Cabinet was chaired by the Minister of Finance Ishaq Dar, where the Federal Ministers Syed Naveed Qamar, Khurram Dastgir Khan, Ahsan Iqbal, Syed Murtaza Mehmood, Dr. Ayesha Ghos Pasha, former Prime Minister Shahid Khaqan Abbasi, Special Assistant on Finance Tariq Bajwa, Special Assistant on Revenue Tariq Mehmood Pasha, Special Assistant Dr Muhammad Jahanzeb Khan, Prime Minister’s Coordinator Rana Ehsan Afzal, Federal Secretaries and senior officers present.
At the meeting, a summary of the extension of the Adam X One Development and Production lease from February 10, 2022 to reduce the burden on the import of oil and gas in the country was presented and reviewed by the Ministry of Energy on February 10, 2015. ■ A 7 year lease was granted from Adam X-One.
A one year extension was granted to the test period of the Umeer SE One Discovery Gadddu extended well, the extension period will start from the start of production, the meeting was informed that OGDCL was granted an exploration license for the Gaddu block in 1999. The Ministry of National Health Services also allowed increase in the MRPS of a drug on the recommendation of the Drug Prices Committee.
In the ECC meeting, on the brief of the Ministry of Commerce, the Pakistan Trading Corporation was allowed to inspect the imported wheat at the loading ports by 6 pre-approved international pre-shipment inspection agencies. The consignment of imported wheat arrives in the coming months.
In the meeting, a summary was presented on behalf of the Ministry of Poverty Alleviation and Social Security regarding the wheat seed subsidy for Rabi crop 2022-23, which is authorized to provide 8.39 billion rupees in the form of technical supplementary grant for Benazir Income Assistance Program was given , considering, these wheat seeds will be provided to farmers in the flood affected areas.
The ECC directed the BISP to initiate the process of disbursing cash amounts through partner banks, to the beneficiaries selected by the Government of Sindh as per the eligibility criteria.
In the meeting, on the briefs of the Ministry of Home Affairs, financial assistance of Rs. 10 million also for the families of those martyred in the recent suicide attack in Islamabad’s IT hub and Rs. 20 million for the relatives of those who died in the long march of a political party.