PM Shehbaz announces 'relief scheme' for bikes, autos, 800cc vehicles amid rising oil prices
Prime Minister Shehbaz Sharif on Sunday announced a “relief scheme” for users of motorcycles, autos and vehicles of up to 800cc to “alleviate the burden” of rising global oil prices. Renewed hostilities in the Middle East, which have resulted in disruption of major oil supply routes, have caused fuel prices to rise in the past two months. In addition to the crisis in the Strait of Hormuz due to…
Prime Minister Shehbaz Sharif has introduced a relief scheme for motorcycle, auto, and 800cc vehicle owners in Pakistan to help alleviate the strain caused by the surge in global oil prices. The crisis in the Middle East, particularly the escalation of hostilities between Iran and the United States, has led to disruptions in oil supply routes and a rise in fuel prices. This has caused petrol to increase to Rs375.82 per litre and high-speed diesel (HSD) to reach Rs403.32 per litre.
The relief scheme will provide a Rs100 per litre subsidy for two-wheeled and three-wheeled vehicles, with a monthly quota of 20 litres for motorbikes and rickshaws, and a 30-litre quota for small vehicles up to 800cc. The scheme will begin on September 15 in Islamabad and September 17 in other parts of the country.
The government has initiated the registration process for the relief scheme, which will be communicated through an awareness campaign. Prime Minister Shehbaz expressed gratitude to the provinces for their cooperation in collecting details of motorcycles, rickshaws, and small vehicles for registration.
Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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