Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

Rs136.9 m released for development projects of industries division

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October 18, 2018: The federal government has released Rs136.9 million out of total allocation of Rs770 million for various development schemes and projects of industries and production division under its Public Sector Development Programme (PSDP) 2018-19.

According to the break up figures, the government has released an amount of Rs40 million for Fruits, vegetable and condiments processing center, district Nausheroferoze, Sindh for which an amount of Rs250 million has been allocated for the year 2018-19.

Similarly for National Business Development Programme for Small and Medium Enterprises (SMEs), an amount of Rs40 million has been released out of total allocation of Rs200 million, a latest data of Pakistan Bureau of Statistics (PBS) said.

For product development center for composites based sports goods, Sialkot, the government has also released Rs40 million for which an amount of Rs200 million was earmarked for the current fiscal year.

For the project Peshawar Light Engineering Center (PLEC), Rs5.7 million were released out of total allocation of Rs28.7 million whereas Rs3.98 million were released for Fruit Dehydration Unit Swat for which an amount of Rs19.94 million was earmarked for the year 2018-19.

(APP)

Posted on: 2018-10-18T17:47:00+05:00

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