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Rs42.4m released for Communication Division under PSDP

byCT Report
01/01/2016
in Business
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ISLAMABAD: The federal government has released a sum of Rs42.449 million for the Communication Division (other than National Highway Authority) for its various development projects under Public Sector Development Programme (PSDP).

According to the official data, the total allocation for the Communication Division has been fixed at Rs364.747 million for the fiscal year 2015-16. At least Rs 31.227 have been released for construction of central police office at Mauve Area G-11/1, Islamabad for which Rs156.137 million have been allocated in the fiscal budget for this year.

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Similarly, Rs10.592 million have been released for Enhancement of Training Capabilities of Technology Training Institute (TTI) (Phase-IV) project for which Rs52.962 million have been earmarked in the budget.

The government also released Rs0.630 million for National Transport Research Centre (NTRC) Operational Research Wing (ORW) for which Rs3.148 million have been earmarked for the fiscal year 2015-16.

The government has also earmarked Rs4.500 million for NTRC Operational Research Programme, Rs3 million for NTRC Axle Load Survey on National Highways and Motorways, Rs100 million for Green Line Bus Transit System from Municipal Park, Sadder to KESC Power House, Chowrangi Surjani Karachi and Rs25 million for establishment of National Highways and Motorway Police Training Centre at Sheikhpura.

An amount of Rs20 million has been allocated in the budget for construction of complex for National Highways and Motorways Police at Rahim Yar Khan.

It is pertinent to mention here that the government has so far released Rs246.145 billion for various ongoing and new projects of different ministries and division under PSDP 2015-16 out of total budgetary allocations of Rs700 billion made for the current fiscal year.

The Planning Commission of Pakistan has been following a proper mechanism to release funds following a comprehensive plan. The commission releases 20 percent of funds during the first quarter (July-September), 20 percent in second quarter (October-December), 30 percent in third quarter (January-March) and the remaining 30 percent in the fourth quarter (April-June).

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