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Rs2,767m non-development, Rs1,261m development budget approved for PARC

byCT Report
02/12/2017
in Business
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ISLAMABAD: The Pakistan Agricultural Research Council (PARC) Board of Governors Wednesday approved budget of the council for the financial year 2017-18.

The 41th BoG meeting was presided over by the Federal Minister for National Food Security and Research and Sikandar Hayat Khan Bosan. The budget approved by BoG included Rs2767.360 million for non-development with additional supplementary grant of Rs855.582m already under process with Administrative Ministry.

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As many as Rs1261.919 million have been approved for development side for public sector projects. In addition, the Board also approved Rs206.700 million for MoUs and Rs214.709 million for Agriculture Linkage Program (ALP) of PARC. The BoG also approved adoption of revision of Basic Pay Scales-2017 and Grant of Adhoc Relief Allowance-2017 at Rs. 10% as notified by the federal government with effect from July 1st, 2017 including other allowances and facilities to the PARC employees.

Speaking on the occasion, the federal minister expressed the hope that all new members would utilize their vision and experience in revitalizing agricultural research in the country. He said that PARC had played a vital role towards improving the agriculture sector in various ways over the past

He lauded the efforts of Prime of Pakistan Shahid Khaqan Abbasi, members of Senate and National Assembly Standing Committees on NFS&R to protect NARC from its displacement.

He also acknowledged the role of judiciary on restoration of NARC land and appreciated the role of electronic and print media to highlight the NARC land issue.

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