AIRLINK 78.39 Increased By ▲ 5.39 (7.38%)
BOP 5.34 Decreased By ▼ -0.01 (-0.19%)
CNERGY 4.33 Increased By ▲ 0.02 (0.46%)
DFML 30.87 Increased By ▲ 2.32 (8.13%)
DGKC 78.51 Increased By ▲ 4.22 (5.68%)
FCCL 20.58 Increased By ▲ 0.23 (1.13%)
FFBL 32.30 Increased By ▲ 1.40 (4.53%)
FFL 10.22 Increased By ▲ 0.16 (1.59%)
GGL 10.29 Decreased By ▼ -0.10 (-0.96%)
HBL 118.50 Increased By ▲ 2.53 (2.18%)
HUBC 135.10 Increased By ▲ 2.90 (2.19%)
HUMNL 6.87 Increased By ▲ 0.19 (2.84%)
KEL 4.17 Increased By ▲ 0.14 (3.47%)
KOSM 4.73 Increased By ▲ 0.13 (2.83%)
MLCF 38.67 Increased By ▲ 0.13 (0.34%)
OGDC 134.85 Increased By ▲ 1.00 (0.75%)
PAEL 23.40 Decreased By ▼ -0.43 (-1.8%)
PIAA 26.64 Decreased By ▼ -0.49 (-1.81%)
PIBTL 7.02 Increased By ▲ 0.26 (3.85%)
PPL 113.45 Increased By ▲ 0.65 (0.58%)
PRL 27.73 Decreased By ▼ -0.43 (-1.53%)
PTC 14.60 Decreased By ▼ -0.29 (-1.95%)
SEARL 56.50 Increased By ▲ 0.08 (0.14%)
SNGP 66.30 Increased By ▲ 0.50 (0.76%)
SSGC 10.94 Decreased By ▼ -0.07 (-0.64%)
TELE 9.15 Increased By ▲ 0.13 (1.44%)
TPLP 11.67 Decreased By ▼ -0.23 (-1.93%)
TRG 71.43 Increased By ▲ 2.33 (3.37%)
UNITY 24.51 Increased By ▲ 0.80 (3.37%)
WTL 1.33 No Change ▼ 0.00 (0%)
BR100 7,493 Increased By 58.6 (0.79%)
BR30 24,558 Increased By 338.4 (1.4%)
KSE100 72,052 Increased By 692.5 (0.97%)
KSE30 23,808 Increased By 241 (1.02%)

Rupees 193 billion earmarked for Ehsaas Programme has been placed under grants and transfers, an item under current expenditure, instead of the past practice of placing it under other development expenditure outside PSDP for next fiscal year. Rupees 193 billion has been placed under the following sub-heads - Rs 180 billion under Benazir Income Support Programme, Rs 2.1 billion under Pakistan Poverty Alleviation Fund (PPAF), Rs 5.6 billon grants to Bait-ul-Maal; and the remaining
Rs 5.3 billion under other grants which has a total budget of Rs 84 billion. The budget documents for 2019-20 do not indicate the revised estimates for the current year or disbursements under the poverty alleviation fund. The placement of Ehsaas Programme under grants and transfers accounts for 10 percent of total current expenditure (against last year's allocation accounting for 8 percent of total current expenditure) which strengthens the government's argument that current expenditure eats up the bulk of the federal revenue.
In addition placing Ehsaas Programme under grants and transfers increases its allocation by 73 percent for next fiscal year - to Rs 831 billion compared to Rs 478 billion in the revised estimates for the outgoing fiscal year. On March 28, Prime Minister Imran Khan launched poverty alleviation programme Ehsaas and stated that the programme aimed at helping vulnerable segments of society, including orphans, widows, homeless, disabled, undernourished, jobless. Ministry of Social Protection and Poverty Alleviation was established and it was decided to place BISP, PBM, Zakat, PPAF and all other social programmes under it and develop a one-window operation for social protection of the poor.

Copyright Business Recorder, 2019

Comments

Comments are closed.