Govt to Close 1,000 Loss-Making Utility Stores Nationwide

The federal government will close almost 1,000 loss-making Utility Stores across the country as part of a major restructuring of the corporation, sources informed ProPakistani. So far, 446 outlets have been closed while the remaining will face a similar outcome based on their performances on a day-to-day basis. The closures primarily target loss-making outlets in rural areas which have historically depended on government subsidies. Sources revealed that stores with low revenue and persistent losses have been identified for closure. Despite concerns about workforce implications, officials assured that no immediate job losses are planned, although decisions regarding the 3,800 employees affected remain in doubt. Dismissals or reassignments are under consideration, sources added. The corporation is also exploring the possibility of merging loss-making stores with profitable ones to optimize operations. The decision follows the government’s withdrawal of subsidies in August on essential items like sugar, flour, and cooking oil, which were previously considered vital for low-income households.