Back in 2020, the Supreme Court passed a judgement that allowed the government to recover Rs.453 billion through the Gas Infrastructure Development Cess (GIDC). Now, the future of gas pipeline development hangs in the balance. They further claimed that on account of not passing the cost onto their consumers, there is no responsibility to deposit the cess. The GIDC was implemented on the provision that the government would take the necessary steps to commence work on projects like the NorthSouth gas pipeline, Turkmenistan-Afghanistan-Pakistan-India (Tapi) within six months of the judgement. Clearly, many have lost confidence in the GIDC scheme and the government must provide some clarifications to revive it.

Source: The Nation August 28, 2022 05:30 UTC