BR100 Increased By (0.18%)
BR30 Decreased By (-0.03%)
KSE100 Increased By (0.16%)
KSE30 Increased By (0.26%)
BECO 5.58 Decreased By ▼ -0.07 (-1.24%)
BML 61.80 Decreased By ▼ -2.08 (-3.26%)
BOP 33.67 No Change ▼ 0.00 (0%)
CNERGY 8.09 Decreased By ▼ -0.05 (-0.61%)
DCL 11.65 Increased By ▲ 0.27 (2.37%)
FCCL 52.05 Decreased By ▼ -0.22 (-0.42%)
FCSC 5.67 Increased By ▲ 0.17 (3.09%)
FFL 18.00 Increased By ▲ 0.28 (1.58%)
FNEL 1.34 Increased By ▲ 0.03 (2.29%)
HUMNL 11.17 Decreased By ▼ -0.01 (-0.09%)
KEL 7.85 Decreased By ▼ -0.01 (-0.13%)
KOSM 5.73 Increased By ▲ 0.09 (1.6%)
MLCF 86.35 Increased By ▲ 0.75 (0.88%)
NBP 184.71 Increased By ▲ 1.09 (0.59%)
PACE 11.67 Decreased By ▼ -0.01 (-0.09%)
PAEL 39.93 Decreased By ▼ -0.34 (-0.84%)
PIAHCLA 25.70 Decreased By ▼ -0.10 (-0.39%)
PIBTL 17.36 Increased By ▲ 0.32 (1.88%)
PPL 222.95 Decreased By ▼ -1.11 (-0.5%)
PRL 34.60 Decreased By ▼ -0.02 (-0.06%)
PTC 63.88 Decreased By ▼ -0.11 (-0.17%)
SEARL 90.20 Increased By ▲ 0.11 (0.12%)
SSGC 26.70 Increased By ▲ 0.10 (0.38%)
TELE 8.93 Decreased By ▼ -0.15 (-1.65%)
THCCL 68.00 Increased By ▲ 0.64 (0.95%)
TPLP 11.18 Decreased By ▼ -0.24 (-2.1%)
TREET 24.69 Decreased By ▼ -0.02 (-0.08%)
TRG 70.52 Decreased By ▼ -0.46 (-0.65%)
WAVES 11.09 Increased By ▲ 0.11 (1%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)

Federal Government released Rs 393 million for various education projects in Karachi in the first four months of current financial year against the allocated funds in Public Sector Development Programme (PSDP) 2019-20.

According to the data released for the projects in PSDP 2019-20, federal government released Rs 60 million so far for the Construction of hostel and Academic Infrastructure at Shaheed Zulfiqar Ali Bhutto University of Law against the allocated amount of Rs 150 million in the current financial year. The total cost of the project is Rs 758.6 million. "Establishment of National Facility for Laboratory Animal Research and Care, HEJ, University of Karachi" project received full allocated amount in the first four months of the current financial year. Government approved this project at the total cost of Rs 308.3 million.

"Development of Sindh Madrasatul Islam (SMIU) Campus at Education city, Malir" project received Rs 80 million so far out of allocated amount of Rs 200 million in the current fiscal year. The total cost of the project is Rs 1.575 billion. "Improvement of academic facilities at University of Karachi" project received Rs 100 million so far out of Rs 250 million allocated in the current financial year. The total cost of the project is Rs 1.680 billion.

Government released Rs 80 million out of allocated amount of Rs 200 million for Strengthening of Academic and Research Program at Bahria University, Karachi along with Bahria University Islamabad. The project was approved at the cost of Rs 1.446 billion. Government also released Rs 53.5 million for Strengthening of Dawood University of Engineering & Technology. A total Rs 133.8 million allocated in the current financial year for the project, which was approved at the total cost of Rs 578 million.

Federal Government didn't release a single penny for the allocated fund of Rs 25 million for Establishment of FG Degree College Malir Cantt, whose total cost stands at Rs 234.9 million.

Copyright Business Recorder, 2019

Comments

Comments are closed for this article.