Govt releases Rs319.5bn for uplift projects

ISLAMABAD: The federal government has released Rs319.5 billion for various ongoing and new social sector uplift projects under the Public Sector Development Programme (PSDP) 2020-21.

The released funds include Rs206.5 billion for federal ministries, Rs87 billion for corporations, Rs25.25 billion for special areas, and Rs750 million for the Earthquake Reconstruction and Rehabilitation Authority (ERRA), according to the latest data released by the Ministry of Planning, Development and Reform.

It is pertinent to mention here that PSDP’s total allocation for ERRA for the year 2020-21 is Rs1.5 billion.

Similarly, Rs55.2 billion out of an allocation of Rs118.67 billion has been released for the National Highway Authority (NHA), Rs31.8 billion out of Rs158.3 billion for the National Transmission and Dispatch Company (NTDC), and Rs45 billion out of Rs81.2 billion for the Water Resources Division.

Article continues after this advertisement

Likewise, Rs14 billion out of the allocated fund of Rs29.4 billion has been disbursed to the Higher Education Commission (HEC), while the Pakistan Nuclear Regulatory Authority will receive Rs175 million out of an allocation of Rs350 million.

Further, the Railways Division has received development funds of Rs11.7 billion, the Interior Division Rs7.38 billion, and the National Health Services, Regulations, and Coordination Division Rs7.4 billion, the Revenue Division has received Rs4.6 billion, and the Cabinet Division was given Rs38.2 billion.

It may be noted that the government has also released Rs13.99 billion out of PSDP’s allocation of Rs27.24 billion for development projects in Azad Jammu and Kashmir (AJK) and Rs11.26 billion out of Rs25 billion for development projects in Gilgit Baltistan (GB).

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Must Read

Tech sector continues to thrive, prosper: WIPO report

Despite the economic devastation wrought by Covid-19, the new technology sector continued to thrive and prosper last year, the UN’s World Intellectual Property Organisation’s...