Federal Govt allows release of Rs117.67 billion for development projects

ISLAMABAD: The federal Government has so far authorized release of Rs. 117.67 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 Rs. 650 billion.

Under the development programme, the Government has released an amount of Rs. 78.15 billion for federal ministries, Rs. 29.5 billion for corporations and Rs. 9.72 billion for special areas, according to a latest data released by 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. 21.7 billion against its allocations of Rs. 118.67 billion, whereas for National Transmission and Dispatch Company (NTDC), an amount of Rs. 7.8 billion was released out of total allocation of Rs. 158.3 billion.

The Government also released Rs. 17.37 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 annual development agenda, the government also released Rs. 4.7 billion for Railways Division out of total allocation of Rs. 24 billion, Rs. 2.9 billion for Interior Division, and Rs. 3.3 billion for National Health Services, Regulations and Coordination Division.

Revenue Division received Rs. 345 million, whereas the Cabinet Division also received Rs. 13.8 billion for which an amount of Rs. 47.7 billion has been allocated for the year 2020-21.

Likewise, the Government also released Rs. 5.27 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 total allocation of Rs. 25 billion.