Federal Government Releases Rs 112.04 billion for Development Projects
Image Credits: Associated Press of Pakistan
ISLAMABAD, Sep 7 (APP): The Federal Government has so far authorised the release of Rs 112.04 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2020-21 as against the total allocation of Rs650 billion.
Under the development programme, the government has released an amount of Rs 73.7 billion for federal ministries, Rs 28.6 billion for corporations and Rs 9.4 billion for special areas, according to latest data released by the Ministry of Planning,Development and Reform.
Out of these allocations, the Government released Rs 300 million for Earthquake Reconstruction and Rehabilitation Authority (ERRA) for which the Government had allocated Rs 1.5 billion during the year 2020-21.
For National Highway Authority, the government released Rs 21.5 billion against its allocation of Rs 118.67 billion, whereas for National Transmission and Dispatch Company (NTDC), an amount of Rs 7.08 billion was released out of a total allocation of Rs 158.3 billion.
The government also released Rs 13.8 billion for water resources division out of total allocation of Rs 81.2 billion.
An amount of Rs 5.6 billion has been authorized to release for Higher Education Commission for which an amount of Rs 29.4 billion has been allocated. Similarly, Rs 70 million were released for Pakistan Nuclear Regulatory Authority for which the government had allocated Rs 350 million in the development budget.
Under the annual development agenda, the government also released Rs 4.7 billion for Railways Division out of a total allocation of Rs 24 billion, Rs 2.9 billion for Interior Division, and Rs 3.2 billion for National Health Services, Regulations and Coordination Division.
Revenue Division received Rs 283 million, whereas the Cabinet Division also received Rs 13.4 billion for which an amount of Rs 47.7 billion has been allocated for the year 2020-21.
Likewise, the government also released Rs 4.96 billion for Azad Jammu and Kashmir (AJK) block and other projects out of its allocations of Rs 27.24 billion and Rs 4.45 billion for Gilgit Baltistan (Block and other projects) out of a total allocation of Rs 25 billion.
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