Over Rs2bn allocated for Information Division under PSDP

News Image

MG News | June 10, 2022 at 11:16 PM GMT+05:00

0:00

June 10, 2022: The government has allocated around Rs 2.1 billion for Information and Broadcasting Division in the Public Sector Development Programme (PSDP) for the year 2022-2023 for five ongoing and 12 new projects.

According to the budgetary document released here on Friday, the government has specified Rs1588.335 million for the new projects and Rs 511 million for ongoing projects of the Information and Broadcasting Division.

Among the ongoing projects, an allocation of Rs 298.956 million have been earmarked for restructuring of news operations of the Associated Press of Pakistan Corporation (APPC). Rs 62.709 million have been allocated for the establishment of the Pakistan Information Centre (Phase-I).

Moreover, Rs 50 million each has been allocated for establishment of 100KW medium wave radio station at Gwadar, rehabilitation of medium wave services at Muzaffarabad and replacement of medium wave transmitter at Mirpur.

Rs 503 million have been earmarked for National Information Media Archives Repository, whereas Rs 300 million have been set aside for Central Monitoring Unit.

For the establishment of the Sautul Quran FM network, Phase-II Rs 212 million have been apportioned.

Rs 104.650 million have been earmarked for PTV terrestrial digitalization of DTMB-A through grant-in-aid from the Government of China. Rs 100 million each has been allocated for each of the three projects including the rehabilitation of medium wave services from Khairpur, upgradation of studios and master control rooms, and film institute at PTV Academy.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 170,313.86
435.47M
-0.08%
-133.44
ALLSHR 103,015.58
1,065.49M
0.03%
32.70
KSE30 51,854.06
241.67M
0.04%
22.42
KMI30 242,259.69
133.89M
-0.76%
-1853.91
KMIALLSHR 66,724.18
452.80M
-0.67%
-452.45
BKTi 46,861.43
131.81M
1.70%
784.69
OGTi 33,615.26
10.50M
-1.02%
-347.09
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 86,465.00 86,960.00
85,930.00
500.00
0.58%
BRENT CRUDE 59.84 60.67
59.75
0.16
0.27%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00
2.30
2.59%
ROTTERDAM COAL MONTHLY 96.50 96.50
95.90
0.85
0.89%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00
0.00
0.00%
CRUDE OIL - WTI 56.00 56.85
55.91
0.19
0.34%
SUGAR #11 WORLD 14.76 14.89
14.72
-0.06
-0.40%

Chart of the Day


Latest News
December 17, 2025 at 05:16 PM GMT+05:00

Chinese FinTech giant Fintopia eyes Pakistan market


December 17, 2025 at 04:39 PM GMT+05:00

NETSOL extends 29-year alliance with global auto giant


December 17, 2025 at 04:34 PM GMT+05:00

Auto financing in Pakistan rises to Rs318bn in November


December 17, 2025 at 04:25 PM GMT+05:00

Petroleum import bill rises by 28% YoY in Nov


December 17, 2025 at 04:19 PM GMT+05:00

PKR rises 3.7 paisa against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg