COVID-19: ECC offers gesture to Rs480 million 'hazard remittance bundle' for cutting edge laborers
COVID-19: ECC offers gesture to Rs480 million 'hazard remittance bundle' for cutting edge laborers 
The Economic Coordination Committee of the Cabinet on Wednesday gave a thumbs up for a Rs480 million bundle to pay a "hazard stipend" equivalent to one compensation to cutting edge social insurance laborers battling coronavirus.

"So as to pay the hazard remittance, equivalent to one compensation to all human services laborers performing obligations identified with COVID-19 in the Federal Government, chose by the Prime Minister as Chairman National Coordination Committee on COVID-19, in the gathering hung on 26th March 2020, ECC endorsed a measure of Rs.480.556 million (money related effect from first April 2020 to 30th July 2020) to meet the prerequisite," read an announcement by the account service.

It said that the sum will be paid out of the Rs50 billion financial improvement bundle distributed by the leader, by means of a specialized valuable award.

Upwards of 3,432 workers from 10 government wellbeing establishments will profit by the plan.

"The circumstance will be explored following 4 months for the coherence of the remittance," as per the announcement.

The ECC, met in Islamabad with Prime Minister's Advisor on Finance Dr Abdul Hafeez Shaikh in the seat.

It additionally affirmed specialized advantageous awards worth Rs22 billion for different services and offices.

The ECC was given a preparation on wheat obtainment. It was informed that up until now, "PASSCO and common food offices have secured an amount of 6.5 million tons or 80% out of the alloted focus of 8.25 million tons".

The acquirement by PASSCO and the Khyber Pakhtunkhwa government will proceed until the month's end.

The head administrator's Kamyab Jawan Program likewise went under conversation. As per the announcement, ECC affirmed an adjustment in key terms for the program "to give help to little and medium endeavors during the continuous pandemic circumstance".

Under the updated terms, rather than two levels of Rs100,000 to Rs500,000 and Rs0.5 million to Rs5 million, there will be three levels of advances.

The new levels will start from Rs100,000 to Rs1 million, from Rs1 million to Rs10 million and from Rs10 million to Rs25 million.

A capital increment of $10.9 million for the Bangladesh tasks of National Bank of Pakistan was additionally affirmed. This was done to meet "the base capital prerequisites recommended by the Central Bank of Bangladesh for the year 2019 and to make some pad in value for 2020", said the account service explanation.

Besides, an endorsement for the electric vehicle strategy for 2-3 wheelers and overwhelming business vehicles was additionally given by the ECC.

"The gathering additionally affirmed flexibly of 10,000 metric huge amounts of wheat to World Food Program for crisis alleviation tasks and permitted import of wheat by the private division for boundless period in the wake of postponing distinctive charges and obligations," said the announcement.

"ECC likewise coordinated to expel limitations on the development of wheat and flour inside the nation and restricted fares till next proposals," it included.

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