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Home Breaking News

Rs500b released for uplift projects under PSDP

byCT Report
19/04/2021
in Breaking News, Business, Latest News
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ISLAMABAD: The federal government has released Rs500.942 billion out of a total allocation of Rs650 billion for various ongoing and new social sector uplift projects under the Public Sector Development Programme (PSDP) 2020-21.

The released funds include Rs321.55 billion for federal ministries, Rs148.65 billion for corporations, Rs29.54 billion for special areas, and Rs1.2 billion 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 Rs3 billion.

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Similarly, Rs98.32 billion out of an allocation of Rs118.67 billion has been released for the National Highway Authority, Rs50.32 billion out of Rs158.3 billion for the National Transmission and Dispatch Company (NTDC), and Rs64.8 billion out of Rs79.38 billion for the for the Water Resources Division (WRD).

Likewise, Rs22.5 billion out of allocated fund of Rs22.49 billion has been disbursed to the Higher Education Commission (HEC), Rs323.7 million out of Rs350 million to the Pakistan Nuclear Regulatory Authority (PNRA).

Tags: PSDP

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