The federal government has recently stopped providing financial relief under the Benazir Income Support Program (BISP), which has led to a steep rise in the prices of essential items for poor families. Without this support, low-income people now have to buy basic goods like flour, sugar, and ghee at much higher prices from utility stores. This change has put a significant financial burden on those who were already struggling to make ends meet.
Item | Old Price (PKR) | New Price (PKR) |
Sugar | 109 | 155 |
Flour (10 kg) | 650 | 1,500 |
Ghee | 380 | 450 |
Table of Content
Impact on Essential Goods Prices
Under BISP, the prices of essential items were kept low to help the poor afford them. For example, sugar was sold at PKR 109 per kilogram, but now, without the subsidy, it costs PKR 155 per kilogram. Similarly, the price of a 10-kilogram bag of flour has increased from PKR 650 to PKR 1,500. The price of ghee has also gone up, from PKR 380 to PKR 450 per kilogram. These increases mean that low-income families now have to spend much more on basic food items, which is causing serious financial stress.
Why the Subsidy Was Withdrawn
The government decided to withdraw the BISP subsidy due to financial challenges. Although the government has not made a formal announcement about this change, sources say that the decision was made because of budget constraints. With the rising cost of living and limited financial resources, the government chose to cut back on the subsidies provided under BISP. Unfortunately, this decision has had a direct and negative impact on the poor, who are now facing higher prices for essential goods.
Main Reasons for Withdrawal:
- Financial challenges
- Budget constraints
- Lack of formal announcement
- Increased burden on the poor
Struggles for Low-Income Families
With the removal of subsidies, low-income families are finding it even harder to afford basic necessities. Before, they could rely on BISP to help cover the cost of essential items. Now, with prices rising, many are struggling to buy enough food for their families. This situation has increased the financial strain on households that were already living on the edge of poverty. The sudden price hikes have made it difficult for many to maintain their usual standard of living.
Public Reaction to the Subsidy Removal
The public reaction to the removal of BISP subsidies has been largely negative. Many people are upset and worried about how they will manage to afford basic items like flour, sugar, and ghee. The lack of a formal announcement about the withdrawal of subsidies has only added to the confusion and frustration. People feel that they were not given enough notice or information about the changes, which has left them unprepared for the sudden increase in prices.
Conclusion
The halt in relief under the Benazir Income Support Program has led to significant increases in the prices of essential goods, placing a heavy burden on low-income families. The decision to withdraw subsidies was made due to financial challenges, but it has had a severe impact on those who rely on this support. As a result, many people are struggling to afford necessities, and the future of BISP remains uncertain. The government must address these issues to ensure that the most vulnerable members of society are not left behind.
Also Read: Reasons Behind the Delay in Pakistan’s Free Milk Program for Schools 2024
FAQs
Why did the government stop BISP subsidies?
The government stopped BISP subsidies due to financial challenges and budget constraints, leading to the withdrawal of support for essential items.
How much have the prices of essential goods increased?
The price of sugar increased from PKR 109 to PKR 155 per kilogram, flour from PKR 650 to PKR 1,500 for a 10-kilogram bag, and ghee from PKR 380 to PKR 450 per kilogram.
What has been the public reaction to this change?
The public reaction has been largely negative, with many people expressing concern over their ability to afford basic necessities after the subsidy withdrawal.
What is the future of the Benazir Income Support Program?
The future of BISP is uncertain, as the government is facing financial difficulties, and further cuts to social support programs could worsen the situation for low-income families.