Utility Stores Corporation

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