"The council operates a concessionary
seat scheme for ineligible learners on school buses with parents paying PS50 a term for a space on the understanding that when that seat is required for someone eligible for free transport, the concession is withdrawn.
"There was strong representation that the eligibility age should remain at 60 but there were also comments that concessionary
fares should be targeted at those most in need.
That one is under the concessionary
agreement under the Regulatory Office.
They urged that SBP for also considering such concessionary
credit schemes for youth so that maximum youngsters of our country could be facilitated in starting businesses that would reduce unemployment and bring prosperity for the country.
The retention of the concessionary
rates was made by the government to show 'good faith' to its trade partners that it is undertaking the necessary measures to convert the rice QR.
The North East has complained that its concessionary
travel costs are higher than other regions due to low car ownership among elderly people and the additional costs of running a Metro service.
She said: "The rate is still less than 50 per cent of the full cost of providing concessionary
seats and this creates financial pressures for the authority at a time of austerity and when difficult decisions are being made on wider budget issues.
She added, Karachi Circular Railway (KCR) project held more significance in terms of the larger picture if taken into context, however, funds for these kinds of projects were spent till the time other provinces went for soft concessionary
More than a million journeys every week are made in the Northeast by passengers with concessionary
bus passes, costing local transport authorities tens of millions each year in payments to bus companies.
During inspection the consumers expressed their satisfaction regarding the arrangements made for their facilitation and economic relief by providing quality edibles at concessionary
rates in the holy month of Ramzan.
The LGA said this has forced councils to subsidise concessionary
fares at the expense of other services such as school transport for over 16s and community support.
The Federal Board of Revenue (FBR) will not allow concessionary
rate of customs duty on the import of plant, machinery, equipment and apparatus, including capital goods for various industries/sectors where the items are manufactured locally under newly introduced Fifth Schedule of the Customs Act 1969.