Utility Stores Corporation

Available for those registered with BISP, whose poverty index is equal to or below PMT-32

Utility stores striving to provide essential commodities at lower prices

Body earlier notified increase of Rs65 per litre and Rs53 per kg respectively

Official tells Senate committee Utility Stores’ inventory being sold in open market

USC chairman says he will tender his resignation to the premier

Commodity purchased at rate of Rs67/kg two-and-a-half months ago

PTI govt insists PTI leader Jahangir Tareen offering sweetener at a less rate

Firdous says PTI govt will ensure stability in prices, quality and availability of food items at utility stores

PM Imran also gives nod to lift a ban on sugar import to ensure supply while banning export of the commodity

Prices of commodities in markets are increasing

Rates increased despite govt allocating Rs6 billion for USC

This will take total excess expenditure above approved budget to Rs392b in FY19

Utility Stores Corporation will, however, be further subsidised to keep prices stable

Senate body had approved the relief over 1 month ago

PAC sub-committee expresses concerns over massive dues accumulated by the two entities

USC has suffered an accumulated loss of Rs13.646 billion from 2013 to 2018

'Resumption of procurement would facilitate middle and lower-income class'

Seeks explanation from CFO for misappropriation and irregularity

Keeping quality control was the top priority