Govt releases Rs65.4mln for Statistics, Textile division projects

March 12, 2019: The government has so far released an amount of Rs 65.4 million for Statistics Division and Textile Industry Division under the Public Sector Development Programme (PSDP 2018-19).

An amount of Rs 52.8 million has been released for Statistics Division’s sole project for up gradation of rural area frame for the conduct of census or survey for which the government had earmarked Rs132 million in the current PSDP.

The total cost of the project has been estimated at Rs 249.4 million, according to the latest data released by the Ministry of Planning, Development and Reforms.

Meanwhile, the government released Rs12.6 million for Textile Industry Division’s Faisalabad Garment City Training Center project, out of its total allocations of Rs18 million in the current budget.

In total, the government would spend Rs 46 million for establishing the training center, the data revealed.

It is pertinent to mention here that, overall the federal government has released Rs 365.99 billion for various ongoing and new schemes of different divisions against the total allocation of Rs 675 billion under PSDP (2018-19).

The Planning Commission of Pakistan follows the specific mechanism for release of funds.

During first quarter (July-September) it releases 20 per cent of development funds, in second quarter (October-December) 20 per cent, third quarter (January-March) 30 per cent and fourth quarter (April-June) 30 per cent.

(APP)

 

Posted on: 2019-03-12T16:34:00+05:00

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