Feb 24 , 2016
News
Rs 324 billion released for developmental projects
APPISLAMABAD: The government has released over Rs 324.054 billion for different social sector developmental projects under Public Sector Development Programme (PSDP) 2015-16 against the total allocation of Rs 700 billion.
According to latest data released by Planning Commission of Pakistan, the government has released Rs 34.568 billion for infrastructure development projects under National Highway Authority (NHA) against the total allocation of Rs 159.6 billion for FY 2015-16. Similarly, Rs 74.087 billion have been released for Water and Power Development Authority (WAPDA) and other power sector projects against the total allocation of Rs 113.886 billion for the current fiscal year.
A sum of Rs 12.885 billion has been released for Water and Power Division water projects against the total allocation of Rs 30.12 billion in federal PSDP 2015-16. So far, the government has released Rs 18.499 billion for different projects of Pakistan Atomic Energy Commission as against the total allocation of Rs 30.408 billion for fiscal year 2015-16. Likewise, Rs 8.093 billion have been released for Higher Education Commission as compared to the total allocation of Rs 20.5 billion for the year 2015-16.
A sum of Rs 12.906 billion has been released for the uplift and improvement of the services of Railways Division while the government had earmarked Rs 41 billion for the development of Pakistan Railways. Under PSDP 2015-16, a sum of Rs 12.410 billion has released for different projects of National Health Services, Regulations and Coordination Division as against Rs 20.701 billion earmarked for current fiscal year. The government has released Rs 624.912 million for National Food Security and Research Division, Rs 420 million for Science and Technical research Division and 200 million for SPARCO, respectively.
Under PSDP, 2015-16 an amount of Rs 8.38 billion has released for Azad Jammu and Kashmir block and other projects as against the total allocation of Rs 13.3 billion for the current fiscal year. The government has released Rs 7.813 billion for the development of Federally Administrative Tribal Areas (FATA) and SAFRON, whereas government has allocated Rs 19.7 billion for fiscal year 2015-16 for uplift of these areas. The government has also released Rs 20 billion for Pakistan Millennium Development Goals and community development programmes aiming at to achieve proper human development index by improving the standards of life in the country.
The government has so far released Rs 95.631 billion for the developmental projects under different federal ministries and Rs 108.656 billion for corporations. It has released Rs 60.41 billion for Temporary Displaced Persons (TDPs) and security enhancement under the current year’s development programme for the rehabilitations of TDPs.
Courtesy www.dailytimes.com.pk