AGL 40.01 Decreased By ▼ -0.20 (-0.5%)
AIRLINK 127.00 Decreased By ▼ -0.64 (-0.5%)
BOP 6.69 Increased By ▲ 0.02 (0.3%)
CNERGY 4.51 Increased By ▲ 0.06 (1.35%)
DCL 8.64 Decreased By ▼ -0.09 (-1.03%)
DFML 41.04 Decreased By ▼ -0.12 (-0.29%)
DGKC 85.61 Decreased By ▼ -0.50 (-0.58%)
FCCL 33.11 Increased By ▲ 0.55 (1.69%)
FFBL 66.10 Increased By ▲ 1.72 (2.67%)
FFL 11.55 Decreased By ▼ -0.06 (-0.52%)
HUBC 111.11 Decreased By ▼ -1.35 (-1.2%)
HUMNL 14.82 Increased By ▲ 0.01 (0.07%)
KEL 5.17 Increased By ▲ 0.13 (2.58%)
KOSM 7.66 Increased By ▲ 0.30 (4.08%)
MLCF 40.21 Decreased By ▼ -0.12 (-0.3%)
NBP 60.51 Decreased By ▼ -0.57 (-0.93%)
OGDC 194.10 Decreased By ▼ -0.08 (-0.04%)
PAEL 26.72 Decreased By ▼ -0.19 (-0.71%)
PIBTL 7.37 Increased By ▲ 0.09 (1.24%)
PPL 153.79 Increased By ▲ 1.11 (0.73%)
PRL 26.21 Decreased By ▼ -0.01 (-0.04%)
PTC 17.18 Increased By ▲ 1.04 (6.44%)
SEARL 85.60 Decreased By ▼ -0.10 (-0.12%)
TELE 7.57 Decreased By ▼ -0.10 (-1.3%)
TOMCL 34.39 Decreased By ▼ -2.08 (-5.7%)
TPLP 8.82 Increased By ▲ 0.03 (0.34%)
TREET 16.82 Decreased By ▼ -0.02 (-0.12%)
TRG 62.55 Decreased By ▼ -0.19 (-0.3%)
UNITY 27.29 Decreased By ▼ -0.91 (-3.23%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 10,112 Increased By 26 (0.26%)
BR30 31,188 Increased By 17.5 (0.06%)
KSE100 94,996 Increased By 232 (0.24%)
KSE30 29,481 Increased By 71 (0.24%)
Pakistan

Govt spends Rs21 billion to provide telecom services in remote areas under USF     

USF was established by the Ministry of Information Technology to spread the benefits of the telecom revolution to a
Published February 18, 2020
  • USF was established by the Ministry of Information Technology to spread the benefits of the telecom revolution to all corners of Pakistan.
  • PSEB had arranged four international and four domestic exhibitions.
  • An official of the ministry said two IT parks were being established in Pakistan with the cooperation of Korean government.

ISLAMABAD: The government has spent around Rs21 billion to provide telecommunication services in un-served and under-served areas under Universal Service Fund (USF) till date.

An official of Ministry of Information Technology said that till date about Rs50 billion was collected from the telecom companies under USF and Rs21.billion had been spent for development of telecom infrastructure and for promotion of services in different under-served areas of the country.

USF was established by the Ministry of Information Technology to spread the benefits of the telecom revolution to all corners of Pakistan.

He said that during 2018-19 about Rs6. 4 billion was collected under USF and Rs6.94 billion had been spent to provide telecom services to remote areas during the same period.

He said that the government through Pakistan Software Export Board (PSEB) was facilitating local companies in promotion of IT services by way of marketing and subsidization etc.

PSEB had arranged four international and four domestic exhibitions.

He said that state functionaries in consulates and embassies had interacted to accord special focus on promotion of IT exports.

The government has exempted Information Technology and IT enabled services from income tax on export till June 2025 to bolster their exports.

He said that the IT was emerging as a vital organ of country's national economy and government was taking keen interest to promote this sector.

He said two IT parks were being established in Pakistan with the cooperation of Korean government.

He said work on the first IT Park in Islamabad has already been started whilst the second IT Park would be established in Karachi to further strengthen this sector.

Comments

Comments are closed.