Key Takeaways
- Rs. 75 billion approved for Prime Minister’s Fuel Relief Scheme.
- Two- and three-wheeler owners to receive Rs. 500 weekly.
- Car owners with engines up to 800cc to get Rs. 1,000 every ten days.
The Economic Coordination Committee (ECC) of the federal cabinet has approved Rs. 75 billion for the Prime Minister’s Fuel Relief Scheme, aimed at providing targeted support to lower-income consumers facing higher petroleum prices.
Under the scheme, owners of two- and three-wheelers will receive Rs. 500 per week, equivalent to 5 litres of petrol at Rs. 100 per litre. Car owners with engines up to 800cc will receive Rs. 1,000 every ten days, based on 30 litres of petrol per month at the same rate.
The relief is available only to non-commercial users and is limited to one vehicle per user or owner. The Ministry of IT and Telecom will deploy and manage the Fuel Pass System (FPS) for the digital implementation of the scheme, ensuring that the relief reaches eligible consumers while improving transparency and accountability.
By targeting smaller vehicles and limiting the benefit to non-commercial users, the government aims to direct the subsidy toward consumers considered more vulnerable to higher fuel prices. The scheme is expected to benefit a significant number of lower-income individuals who rely on personal vehicles for daily needs.
The Rs. 75 billion approved by the ECC will be provided as a Technical Supplementary Grant (TSG) for the implementation of the fuel relief scheme. The government hopes that this initiative will alleviate the financial burden on lower-income families and help stabilize the economy during a period of rising fuel costs.
The Fuel Relief Scheme is part of a broader effort by the government to address the challenges faced by the public due to increasing fuel prices. The scheme is expected to provide much-needed relief to a large segment of the population, particularly those who depend on personal vehicles for their daily commute and other essential activities.
