Daily Times
May 31, 2021
The Economic Coordination Committee (ECC) of the Cabinet in its special meeting on Monday approved technical supplementary grant of USD 130 million (equal to approximately Rs.20 billion) for the National Disaster Management Fund to ensure timely procurement of Corona Vaccine for the effective national response to COVID-19 Pandemic.
The ECC meeting was chaired by the Federal Minister for Finance and Revenue, Shaukat Tarin, according to a press statement issued by the Finance Ministry.
According to the statement, funds would be utilized for the procurement of 10 million doses of the COVID vaccine during June.
During the new financial year, the need for additional funds would be reviewed and additional funds would be provided accordingly.
May 31, 2021
ISLAMABAD: Following the National Command Operation Center (NCOC) meeting on Monday federal minister for planning Asad Umar said by June 10 about two million teachers will have been vaccinated against the novel coronavirus, ARY News reported.
In his news briefing on the session today, Umar said the timely decision-making has saved Pakistan from viral Covid spread, however, adding that the pandemic has yet not ended and precautionary measures are still to be taken seriously.
In today’s NCOC meeting it was decided to start scheduling vaccination of registered 18 plus from thursday the 3rd of june. With this step the vaccination of all eligible age groups would be carried out. Please register as soon as possible
The cyclone Tauktae made landfall in Gujarat, where several villages have been swept away. (File)
Mumbai:
The NCP on Thursday claimed that six states, including Maharashtra and Goa, suffered losses due to Cyclone Tauktae, but the Centre announced financial assistance only for Gujarat.
The Shiv Sena, which shares power in Maharashtra with the NCP and Congress, expressed hope that Prime Minister Narendra Modi would also announce financial assistance for Maharashtra and Goa soon.
However, BJP leader Devendra Fadnavis said PM Modi has clearly stated that the cyclone-affected states will get assistance from the Centre.
Devendra Fadnavis alleged that the Maha Vikas Aghadi (MVA) government in Maharashtra was deliberately trying to rake up a controversy over the PM s visit to Gujarat.
Give cyclone relief aid to other states too, say NCP & Sena indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.
ECC approves Rs90 billion payment to 35 IPPs
Business
May 6, 2021
ISLAMABAD: The Economic Coordination Committee of the Cabinet (ECC) on Wednesday approved Rs90 billion as the first installment of outstanding payments to 35 independent power producers (IPPs) and withheld disbursal for 12 IPPs under the NAB investigation.
The ECC also approved targeted subsidies mechanism for power sector in principle and directed to finalize modalities to link it with Ehsaas program.
When asked about the possibility of $1.5 billion program approval from the World Bank till end June 2021, Minister for Finance Shaukat Tarin said the power tariff could not be hiked but the targeted subsidies were approved because it was prior action of WB’s loan program. Tarin said the power tariff could not be increased and the WB’s high-ups are empathetic about it.