AGL 40.00 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.00 Decreased By ▼ -0.99 (-0.77%)
BOP 6.68 Increased By ▲ 0.08 (1.21%)
CNERGY 4.49 Decreased By ▼ -0.11 (-2.39%)
DCL 8.60 Increased By ▲ 0.12 (1.42%)
DFML 41.30 Decreased By ▼ -0.18 (-0.43%)
DGKC 86.71 Increased By ▲ 0.13 (0.15%)
FCCL 32.16 Increased By ▲ 0.02 (0.06%)
FFBL 64.70 Decreased By ▼ -0.72 (-1.1%)
FFL 10.29 Increased By ▲ 0.04 (0.39%)
HUBC 109.51 Decreased By ▼ -0.98 (-0.89%)
HUMNL 14.90 Increased By ▲ 0.15 (1.02%)
KEL 5.05 Decreased By ▼ -0.08 (-1.56%)
KOSM 7.40 Increased By ▲ 0.28 (3.93%)
MLCF 41.39 Decreased By ▼ -0.26 (-0.62%)
NBP 60.60 Increased By ▲ 0.51 (0.85%)
OGDC 190.00 Decreased By ▼ -4.69 (-2.41%)
PAEL 27.81 Decreased By ▼ -0.14 (-0.5%)
PIBTL 7.75 Decreased By ▼ -0.25 (-3.13%)
PPL 149.75 Decreased By ▼ -1.42 (-0.94%)
PRL 26.73 Decreased By ▼ -0.15 (-0.56%)
PTC 16.18 Increased By ▲ 0.18 (1.13%)
SEARL 86.02 Increased By ▲ 7.82 (10%)
TELE 7.72 Increased By ▲ 0.33 (4.47%)
TOMCL 35.58 Decreased By ▼ -0.09 (-0.25%)
TPLP 8.14 Increased By ▲ 0.23 (2.91%)
TREET 16.51 Increased By ▲ 0.62 (3.9%)
TRG 53.35 Increased By ▲ 0.59 (1.12%)
UNITY 26.28 Decreased By ▼ -0.27 (-1.02%)
WTL 1.26 Decreased By ▼ -0.01 (-0.79%)
BR100 9,884 Decreased By -36.4 (-0.37%)
BR30 30,600 Decreased By -151.5 (-0.49%)
KSE100 93,355 Increased By 130.9 (0.14%)
KSE30 28,931 Increased By 46 (0.16%)

Minister for Information and Broadcasting Qamar Zaman Kaira informed the National Assembly here on Friday that it is impossible for Ministry of Information to initiate scheme of media city due to financial constraints. In a written reply, he informed the house that the establishment of state-of-the-art Media City would require huge space and investment.
However, the ministry is planning to construct a multi-storey information house on an available plot in Sector F-6/G-6, Islamabad. As a first step, a PC-II (estimated cost of Rs 20 million), for feasibility study/preliminary architectural design/financial pattern of the proposed information house has been approved by the Departmental Development Working Party (DDWP) on April 21, 2009 at a cost of Rs 20 million.
Due to financial constraints, the allocation of Rs 20 million could not be made by the Planning Commission/ Finance Division during the current fiscal (2009-10). For the required allocation of Rs 20 million, the request for allocation of funds is being included in the budget estimates of 2010-11.
On allocation of funds in 2010-11, the feasibility study will be completed and PC-I of the project will be submitted to the Planning Commission for their consideration. The proposed information house will accommodate offices of the main ministry and its attached departments located in the vicinity of Zero Point, Islamabad. The information house would also facilitate the private media houses in Islamabad, he added. Responding to a query, he said that the PEMRA had issued 83 licenses to private TV channels out of which 62 were operational. There were few private TV channels that had not so far been granted licences, however, they were functioning in the country at present without licences.

Copyright Business Recorder, 2010

Comments

Comments are closed.