In a significant move to alleviate the burden of inflation, the Utility Stores Corporation has announced a reduction in the prices of over 800 essential items by up to 10%. This price cut includes a range of popular household products such as ghee, cooking oil, tea, detergent, noodles, ketchup, tetra-pack milk, powdered milk, spices, pickles, soap, and toothpaste. The reductions, which range from 8 to 200 rupees, are now in effect across all utility stores, providing immediate financial relief to consumers.
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Despite the temporary suspension of the Benazir Income Support Program’s subsidy, which is anticipated to resume soon under a revised mechanism, the price reductions are expected to ease the financial strain on households. The Utility Stores Corporation has also committed to enhancing its services and ensuring a consistent supply of quality products at discounted rates.
In related news, the joint session of Parliament has been postponed until next week, potentially affecting legislative processes related to economic policies. The Utility Stores Corporation’s management has indicated that additional price cuts for other items are being planned, further supporting the effort to combat inflation and assist consumers.
