ISLAMABAD: The government has so far released over Rs 310.545 billion under Public Sector Development Programme (PSDP) for various projects against total allocations of Rs 540 billion for the fiscal year 2013-14.
According to the latest data of Ministry of Planning, Development and Reforms, Rs 48,269.400 million has been released for various projects of Pakistan Atomic Energy Commission, out of its total allocations of Rs 52,300 million, earmarked under PSDP for FY 2013-14.
A sum of Rs 45,755.862 million has been released to National Highway Authority out of total allocation of Rs 63,038.619 million for the current fiscal year.
Out of the total funds of Rs 25,739.199 million allocated for the National Health Service Regulations and Coordination Division for the current year, the government released Rs 22,779.436 million so far.
The Commission also released Rs 21,092.225 million for Railway Division, out of its total allocations of Rs 30,964.894 million whereas Rs 750 million have been released for National Food Security and Research Division, out of its total allocations of Rs 750 million for the year.
Funds of Rs 14,357.558 million have been released for Higher Education Commission, out of its total allocation of Rs 18,490 million for the year 2013-14 whereas out of total allocations of Rs 2,363.974 million earmarked for Law, Justice and Parliamentary Affairs Division, Rs 1,158.097 million have been released so far.
According to the data, the Commission released Rs 44,296.624 million for WAPDA (Power) out of its total allocations of Rs. 51,543.425 million whereas Rs. 31,995.689 million has been provided to WAPDA (Water Sector) out of its total allocations of Rs. 57,840.211 million.
Meanwhile, Rs 8,737 million has been released for Earthquake Reconstruction and Rehabilitation Authority (ERRA), out of its total allocations of Rs 10,000 million for the current year.
The Commission also released Rs 9,298.726 million for Cabinet Division, Rs 40.839 million for Climate Change Division and Rs 594.500 million for Commerce Division.
In addition, Rs 2,111.034 million has been released for Education and Training Division, Rs 6,450.853 million for Finance Division,Rs 659.654 million for Industries Division, Rs 4,840.444 million for Interior Division and Rs 106.749 million for Narcotics Control Division.
The Commission, released Rs 41 million for Petroleum and Natural Resources Division, Rs 273.220 million for Planning and Development Division, Rs 1,559.099 million for Science and Technology Research Division, Rs 194.659 for SUPARCO and Rs. 314.980 million for Textile Industry Division.
Funds of Rs.12,096.278 million have been released for AJK (Block and other projects), Rs. 8,834 million for Gilgit Baltistan (Block and other projects) where as Rs. 17,555 million has been released for SAFRON/FATA.
The Planning Commission of Pakistan has been following a proper mechanism for the release of funds and accordingly funds are released as per given mechanism.
The Commission releases 20 percent of funds in first quarter (July-September), 20 percent in second quarter (October-December), 30 percent third quarter(January-March) and 30 percent in fourth quarter (April-June).
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