Govt releases Rs65.4mn for Statistics, Textile division projects
ISLAMABAD: The government has thus far released the funds worth Rs 65.4 million for Statistics Division and Textile Industry Division under the Public Sector Development Programme (PSDP 2018-19).
Solely, for statistics division’s project for upgradation of rural area frame for the conduct of census or survey, an amount of Rs 52.8 million has been released under the PSDP. Though, 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.
Whereas for the Textile Industry Division’s Faisalabad Garment City Training Center project, the government released Rs12.6 million.
Overall, the federal government has so far released Rs 365.99 billion for several ongoing and new schemes of different divisions against the total allocation of Rs 675 billion under PSDP (2018-19).
The Planning Commission of Pakistan releases funds after following a specific mechanism. 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 percent.