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ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs261 million in funds for the construction of the Railway Underpass Jahanian, District Khanewal.

The ECC meeting presided over by Finance Minister Ishaq Dar on a summary moved by the Ministry of Housing and Works approved the funds.

The meeting was informed that the Ministry of Planning, Development and Special Initiatives approved an additional allocation of funds amounting to Rs261million in respect of the development scheme namely, “Construction of Railway Underpass Jahanian, District Khanewal” being executed by the Ministry of Housing and Works, during the current fiscal year through a technical supplementary grant (TSG).

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The Ministry of Planning and Development and Special Initiatives has accordingly surrendered an amount of Rs261million in favour of the Ministry of Housing and Works for obtaining TSG of an equal amount vide surrender order dated 28March 2023.

The Finance Division was requested to accord their concurrence which conveyed the nod on April 3, 2023, to the proposal and advised this ministry to move a summary to the ECC for the purpose.

Therefore, the approval of the ECC is solicited for the allocation of additional funds amounting to Rs261 million through TSG to the capital outlay on civil works during the current financial year (2022-23) for the execution of said development scheme.

Copyright Business Recorder, 2023

Comments

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Muhammad Ali Apr 15, 2023 09:25am
Govt announcing big projects having no contribution to GDP with money borrowed at 22%. Will they do like this for their personal projects?
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Tulukan Mairandi Apr 15, 2023 10:33am
They can "approve" anything. But they can't actually pay for it. That's the fact.
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Rahim Apr 15, 2023 08:50pm
Is the Comments moderator at BRecorder sleeping re Tulukan Mairandi ? Other commentators have raised this issue also. Can't you see the pattern of the Indian troll? Can I get away with such comments at Hindustan times? Enough of freedom of expression to Indian trolls.
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