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Federal Government released Rs 319 billion for various mega projects under PSDP

Federal Government released Rs 319 billion for various mega projects under PSDP

ISLAMABAD – The Federal Government has released Rs. 319.56 billion forvarious ongoing and new social sector uplift projects till date under itsPublic Sector Development Programme (PSDP) 2020-21.

The released funds include Rs. 207.17 billion for federal ministries, Rs.87billion for corporations, Rs. 25.25 billion for special areas, and Rs. 750million for the Earthquake Reconstruction and Rehabilitation Authority(ERRA), according to the latest data released by the Ministry of Planning,Development and Reform.

The total PSDP allocation for ERRA for the year 2020-21 is Rs. 1.5 billion.Similarly, Rs. 55.2 billion out of PSDP allocation of Rs. 118.67 billionhas been released for the National Highway Authority, Rs.31.8 billion outof Rs. 158.3 billion for the National Transmission and Dispatch Company(NTDC), and Rs. 45 billion out of Rs. 81.2 billion for the for the WaterResources Division .

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Likewise, Rs. 14 billion out of allocated fund of Rs. 29.4 billion has beendisbursed to the Higher Education Commission, Rs. 175 million out of Rs.350 million to the Pakistan Nuclear Regulatory Authority.

The Railways Division has received development funds of Rs. 11.7 billion,the Interior Division Rs. 7.38 billion, and the National Health Services,Regulations, and Coordination Division Rs. 7.4 billion. Similary, theRevenue Division has got Rs. 4.6 billion, and the Cabinet Division Rs. 38.2billion. Likewise, the government also released Rs. 13.99 billion out ofPSDP allocation of Rs. 27.24 billion for development projects in Azad Jammuand Kashmir (AJK) and Rs 11.26 billion out of Rs. 25 billion for GilgitBaltistan projects.