Rs.226.230 million released for National Food Security and Research

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MG News | October 29, 2018 at 03:59 PM GMT+05:00

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October 29, 2018: The government has so far released an amount of Rs.226.230 million for different development projects of Ministry of National Food Security and Research under its Public Sector Development Programme (PSDP) 2018-19 against the total allocation of Rs1, 143.73 million.

In order to promote the agriculture and livestock sectors in tribal areas of the country, the government in its federal PSDP had allocated an amount of Rs.254.743 million for the up-gradation of Arid Zone Research Institute (AZRI) to the level of AZRC and establishment of  new adaptive Rest Cum Demonstration Institute at Seakach, Wana, South Waziristan,  Miranshah, North Waziristan tribal agencies (FATA) Tank  and Matora, Lakki Marwat and had released Rs.50 million in first quarter of current financial year.

Under PSDP, Rs.60 million were released for the promotion of olive cultivation on commercial basis across the potential areas of the country to reduce the burden of oil imports in the foreign exchange as against the total allocation of Rs.300 million of the current financial year.

The government has released Rs.20 million each for risk-based control of foot and mouth disease in Pakistan as well as strengthening and up-gradation of agriculture and livestock research system of Arid Zone Research Institute, Umerkot respectively against the allocation of Rs.100 million for these projects.

The Planning Commission was releasing the fund for the development projects with a mechanism as per

following quarterly ceilings including first quarter by July– September 20 percent, second quarter October – December, 20 percent  and third quarter January– March by 30 percent and 30  percent in last quarter from April –June.

(APP)

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