Punjab proposes to give Rs1000 monthly cash to 1m 'middle class' families
Punjab government has been considering a recommendation to give money to the people instead of subsidizing essential commodities, reported 24NewsHD TV channel.
It is reported that a new storm of inflation will come with the approval of the federal government.
According to official documents, giving Rs 500 to Rs 1,000 in cash will cost Rs 12 billion a month, while subsidies on flour and wheat will cost Rs 17.25 billion a month.
According to sources, it is recommended to provide cash to one million families across the province.
Sources said that these are just recommendations for which the federal government has been approached for approval.
Reporter Ali Ramay