FEDERAL BUDGET 2013-2014
Govt announces 32% increase in PSDP 2013-14
Thursday, June 13, 2013
By Ijaz Kakakhel
ISLAMABAD: The government on Wednesday announced a total Public Sector Development Programme (PSDP) of Rs 1.155 trillion for 2013-14, as compared with Rs 873 billion last year, showing a 32 percent increase.
Among the total PSDP, an amount of Rs 295.518 billion has been allocated for the projects of federal government, whereas Rs 615 billion has been earmarked for provinces, to be spent through their Annual Development Programmes, while Rs 10 billion has been allocated for the Earthquake Reconstruction and Rehabilitation Authority (ERRA), Corporations (WAPDA and NHA) have been allocated Rs 114.482 billion, Rs 5 billion for special programmes and Rs 115 billion for new development initiatives.
The overall size of the federal PSDP for 2013-14 stands at Rs 540 billion; however, this development outlay would be subject to budgetary announcements in the Finance Bill 2013-14 to be approved by the parliament, while Rs 615 billion will be spent by provinces.
The government has earmarked Rs 295.518 billion for 41 federal ministries and divisions in the PSDP for the year 2013-14. The defence division has been allocated Rs 3.545 billion as compared to Rs 1.238 billion last year. Likewise, the water and power division (water sector) has been allocated Rs 57.840.2 billion, the cabinet division Rs 2.179 billion, the capital administration and development division Rs 1.505 billion and the commerce division Rs 841 million. The climate change division has been allocated Rs 58.8 million.
Approximately Rs 109.3 million has been earmarked for the communication division (other than NHA) and Rs 2.300 billion for the defence production division.
The economic affairs division has been allocated Rs 104.5 million while the education and training division has been given Rs 5.237 billion. The establishment division has been allocated Rs 79.4 million and the federal tax ombudsman Rs 31.3 million.
The finance division has been given Rs 13.074 billion while the foreign affairs division has been earmarked Rs 255.2 million. The Higher Education Commission has been allocated Rs 18.490 billion as compared to Rs 15.052 billion last year. The housing and works division has got Rs 3.779 billion this year while the human rights division has been allocated Rs 78 million.
The industries division has been given Rs 779.8 million. The information and broadcasting division has been allocated Rs 492.8 million as compared to Rs 422.3 million last year.
The information technology and telecommunication division has been allocated Rs 927.1 million while the Interprovincial Coordination has been given Rs 437.6 million.
The interior division has been given Rs 6.259 billion as compared to Rs 6.349 billion last year.
The Kashmir affairs and Gilgit Baltistan division has been allocated Rs 29.590 billion while law justice and parliamentary affairs division has been given Rs 2.364 billion.
The narcotics control division has been allocated Rs 326.3 million while national food security and research division has been given Rs 750 million. The national heritage and integration division has been earmarked Rs 12 million while national health services regulations and coordination division has been allocated Rs 25.739 billion.
The Pakistan Atomic Energy Commission has been allocated Rs 52.300 billion while the Pakistan Nuclear Regulatory Authority has got Rs 316 million. The petroleum and natural resources division has been allocated Rs 50 million while the planning and development division has been given Rs 10.658 billion.
The ports and shipping division has been earmarked Rs 500 million and the production division has got Rs 1.100 billion. The railways division has been earmarked Rs 30.964 billion as compared to Rs 20.707 billion last year. The revenue division has been allocated Rs 533.3 million while the science and technological research division has been given Rs 2.172 billion. The states and frontier regions division has been earmarked Rs 18.500 billion while statistics division has got Rs 220 million.
SUPARCO has been earmarked Rs 700 million while textiles industries division has been allocated Rs 315 million.
Approximately Rs 114.482 billion has been earmarked for WAPDA and NHA corporations. Out of the total amount, WAPDA will get Rs 51.443 billion and NHA Rs 63.038 billion. Another Rs 540 billion has been earmarked for special programmes, new development initiatives and ERRA. Out of the total amount, Rs 5 billion has been allocated for special programmes and Rs 115 billion for new development initiatives. Both are new heads as no amount had been earmarked for any of the two last year.
Daily Times - Leading News Resource of Pakistan
Friday June 14, 2013
US$1 = 98.5464PKR
PKR 700 million = US$ 7,103,250.00