AGL 5.41 Decreased By ▼ -0.09 (-1.64%)
ANL 8.71 Increased By ▲ 0.02 (0.23%)
AVN 76.16 Increased By ▲ 0.32 (0.42%)
BOP 5.17 Decreased By ▼ -0.01 (-0.19%)
CNERGY 4.47 Decreased By ▼ -0.04 (-0.89%)
EFERT 81.21 Increased By ▲ 0.12 (0.15%)
EPCL 49.17 Decreased By ▼ -0.83 (-1.66%)
FCCL 12.69 Increased By ▲ 0.16 (1.28%)
FFL 5.59 Increased By ▲ 0.07 (1.27%)
FLYNG 6.98 Increased By ▲ 0.03 (0.43%)
FNEL 4.63 Decreased By ▼ -0.02 (-0.43%)
GGGL 8.59 Increased By ▲ 0.01 (0.12%)
GGL 14.06 Decreased By ▼ -0.19 (-1.33%)
HUMNL 5.49 Decreased By ▼ -0.10 (-1.79%)
KEL 2.60 Increased By ▲ 0.06 (2.36%)
LOTCHEM 27.75 Decreased By ▼ -0.23 (-0.82%)
MLCF 23.56 Decreased By ▼ -0.14 (-0.59%)
OGDC 71.45 Decreased By ▼ -0.19 (-0.27%)
PAEL 15.23 Increased By ▲ 0.14 (0.93%)
PIBTL 4.90 Increased By ▲ 0.01 (0.2%)
PRL 15.75 Decreased By ▼ -0.06 (-0.38%)
SILK 1.05 Decreased By ▼ -0.02 (-1.87%)
TELE 9.00 Increased By ▲ 0.06 (0.67%)
TPL 7.16 Increased By ▲ 0.13 (1.85%)
TPLP 19.14 Increased By ▲ 0.83 (4.53%)
TREET 20.99 Decreased By ▼ -0.04 (-0.19%)
TRG 136.92 Increased By ▲ 2.37 (1.76%)
UNITY 16.74 Increased By ▲ 0.11 (0.66%)
WAVES 9.10 Decreased By ▼ -0.22 (-2.36%)
WTL 1.37 Increased By ▲ 0.01 (0.74%)
BR100 4,155 Increased By 0.1 (0%)
BR30 15,335 Increased By 46.6 (0.3%)
KSE100 41,540 Decreased By -72.7 (-0.17%)
KSE30 15,365 Increased By 5 (0.03%)
Follow us

LAHORE: Punjab government has allocated Rs685 billion for the Annual Development Programme (ADP) 2022-23. In terms of development sectors, the highest allocation of Rs272.6 billion is for the social sector which includes Rs172.5 5 billion for health sector and Rs64 56 billion proposed for education sector. Rupees 164 billion have been allocated for infrastructure development including Rs80.8 billion for roads sector.

Major programmes/initiatives for the FY 2022-23 include sustainable development programme for South Punjab at a cost of Rs31.5 billion, Rs58.5 billion for sustainable development programme, Rs125 billion for universal health insurance programme, Rs1 billion for establishment of Nursing University at PKLI, Rs3.65 billion for the transformation of agriculture in Punjab, Rs4.8 billion for afternoon school programme, establishment of universities in five major cities at a cost of Rs1.7 billion, Rs5.5 billion for the construction of additional classrooms, Rs10.9 billion for road maintenance rehabilitation programme. The other initiatives include provision of laptops at cost of Rs1.5 billion, revamping of THQ and DHQ hospitals at cost of Rs3.1 billion, skill development programme (4.2 billion) and Punjab Urban Land Systems Enhancement (Rs0.5 billion).

Punjab proposes budget outlay of over Rs3.226trn

Furthermore, the salient features of the Development Portfolio 2022-23 include economic development through public investment, inclusive and balanced regional development, transformation of agriculture sector, ensuring water and food security, human development through skills development, creating an environment conducive to mobilizing private sector resources, support for public-private partnerships, strengthening governance through information technology and bridging the gender divide.

Copyright Business Recorder, 2022

Comments

Comments are closed.

Rs685bn allocated for ADP

Perishables worth $5.5mn stuck at Karachi port 'owing to dollar shortage'

FIR registered in Arshad Sharif’s murder on Supreme Court’s order

Fight against terrorism to continue till establishment of enduring peace, stability: Gen Asim Munir

Rupee remains under pressure, settles at 224.11 against US dollar

Sanaullah urges PTI leaders to use parliament for discussion on next general elections

Unity Foods to invest nearly Rs2bn in Sunridge Foods subsidiary

CDA decides to de-seal Centaurus Mall

Ukraine slams India for buying Russian oil

Oil prices fall on economic fears, dollar strength

India well placed to face global headwinds: World Bank