Govt releases Rs 54.085bn for development projects
Friday, September 20, 2013
ISLAMABAD: Planning Commission of Pakistan has so far released Rs 54.085 billion under its Public Sector Development Programme (PSDP) for various projects against the total allocations of Rs 540 billion for the fiscal year 2013-14.
According to latest data of Planning Commission of Pakistan, out of these allocations, Rs 7243.403 million have been released for various projects of Pakistan Energy Commission, out of its total allocations of Rs 52,300 million earmarked under PSDP for FY2013-14.
Similarly, a sum of Rs 7312.961 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 Planning Commission released Rs 5638.974 million so far.
The Commission also released Rs 5589.679 for Railway Division out of its total allocations of Rs 30,964.894 million whereas Rs 150 million have been released for National food Security and Research Division out of its total allocations of Rs 750 million for the year.
Rs 3,698 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 2363.974 million earmarked for Law, Justice and Parliamentary Affairs Division, Rs 461.368 million have been released so far.
According to the data, the Commission released Rs 4,985 million for WAPDA (Power) out of its total allocations of Rs 51543.425 million where as Rs 4068.266 million have been provided to WAPDA (Water sector) out of its total allocations of Rs 57840.211 million.
Rs 1,570 million have been released for Earthquake Reconstruction and Rehabilitation Authority (ERRA) out of its total allocations of Rs10,000 million for the current year.
The Commission also released Rs 614.993 million for cabinet division, Rs 10,000 for Capital Administration and Development Division, Rs 10.870 for Climate Change Division and Rs 158.200 million for Commerce Division.
In addition, Rs 88.219 million have been released for Education and Training Division, Rs 973.206 million for Finance Division, Rs 160.954 million for Industries Division, 936.173 million for Interior Division and Rs 29.547 million for Narcotics Control Division.
The Commission released Rs 10 million for Petroleum and Natural Resources Division, Rs 93.550 million for Planning and Development Division, Rs 413,347 million for Science and Technology Research Division, Rs 38.932 million for SUPARCO and Rs 63 million for Textile Industry Division.
Rs 2,109 million have been released for AJK (Block and other projects), Rs 4342 million for Gilgit Baltistan (Block and other projects) where as Rs 3,316 million have been released for SAFRON/FATA.
The Commission 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. app
Govt releases Rs 54.085bn for development projects
Friday, September 20, 2013
ISLAMABAD: Planning Commission of Pakistan has so far released Rs 54.085 billion under its Public Sector Development Programme (PSDP) for various projects against the total allocations of Rs 540 billion for the fiscal year 2013-14.
According to latest data of Planning Commission of Pakistan, out of these allocations, Rs 7243.403 million have been released for various projects of Pakistan Energy Commission, out of its total allocations of Rs 52,300 million earmarked under PSDP for FY2013-14.
Similarly, a sum of Rs 7312.961 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 Planning Commission released Rs 5638.974 million so far.
The Commission also released Rs 5589.679 for Railway Division out of its total allocations of Rs 30,964.894 million whereas Rs 150 million have been released for National food Security and Research Division out of its total allocations of Rs 750 million for the year.
Rs 3,698 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 2363.974 million earmarked for Law, Justice and Parliamentary Affairs Division, Rs 461.368 million have been released so far.
According to the data, the Commission released Rs 4,985 million for WAPDA (Power) out of its total allocations of Rs 51543.425 million where as Rs 4068.266 million have been provided to WAPDA (Water sector) out of its total allocations of Rs 57840.211 million.
Rs 1,570 million have been released for Earthquake Reconstruction and Rehabilitation Authority (ERRA) out of its total allocations of Rs10,000 million for the current year.
The Commission also released Rs 614.993 million for cabinet division, Rs 10,000 for Capital Administration and Development Division, Rs 10.870 for Climate Change Division and Rs 158.200 million for Commerce Division.
In addition, Rs 88.219 million have been released for Education and Training Division, Rs 973.206 million for Finance Division, Rs 160.954 million for Industries Division, 936.173 million for Interior Division and Rs 29.547 million for Narcotics Control Division.
The Commission released Rs 10 million for Petroleum and Natural Resources Division, Rs 93.550 million for Planning and Development Division, Rs 413,347 million for Science and Technology Research Division, Rs 38.932 million for SUPARCO and Rs 63 million for Textile Industry Division.
Rs 2,109 million have been released for AJK (Block and other projects), Rs 4342 million for Gilgit Baltistan (Block and other projects) where as Rs 3,316 million have been released for SAFRON/FATA.
The Commission 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. app
Govt releases Rs 54.085bn for development projects