AGL 37.50 Increased By ▲ 0.92 (2.52%)
AIRLINK 217.38 Increased By ▲ 1.64 (0.76%)
BOP 10.47 Increased By ▲ 0.99 (10.44%)
CNERGY 7.44 Increased By ▲ 0.92 (14.11%)
DCL 9.01 Increased By ▲ 0.40 (4.65%)
DFML 41.34 Increased By ▲ 0.30 (0.73%)
DGKC 106.06 Increased By ▲ 7.08 (7.15%)
FCCL 37.52 Increased By ▲ 1.18 (3.25%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.26 Increased By ▲ 0.18 (1.05%)
HUBC 129.71 Increased By ▲ 3.37 (2.67%)
HUMNL 14.02 Increased By ▲ 0.58 (4.32%)
KEL 5.41 Increased By ▲ 0.18 (3.44%)
KOSM 7.17 Increased By ▲ 0.34 (4.98%)
MLCF 46.38 Increased By ▲ 2.28 (5.17%)
NBP 65.66 Increased By ▲ 5.97 (10%)
OGDC 225.46 Increased By ▲ 4.36 (1.97%)
PAEL 44.52 Increased By ▲ 3.99 (9.84%)
PIBTL 8.38 Increased By ▲ 0.30 (3.71%)
PPL 198.96 Increased By ▲ 7.43 (3.88%)
PRL 40.46 Increased By ▲ 1.91 (4.95%)
PTC 27.30 Increased By ▲ 0.30 (1.11%)
SEARL 106.29 Increased By ▲ 1.96 (1.88%)
TELE 9.63 Increased By ▲ 1.00 (11.59%)
TOMCL 35.65 Increased By ▲ 0.69 (1.97%)
TPLP 15.07 Increased By ▲ 1.37 (10%)
TREET 25.63 Increased By ▲ 0.74 (2.97%)
TRG 70.45 Decreased By ▼ -3.10 (-4.21%)
UNITY 33.55 Increased By ▲ 0.28 (0.84%)
WTL 1.83 Increased By ▲ 0.12 (7.02%)
BR100 12,391 Increased By 403.8 (3.37%)
BR30 38,407 Increased By 1229.1 (3.31%)
KSE100 115,259 Increased By 3907.8 (3.51%)
KSE30 36,300 Increased By 1260.9 (3.6%)

Punjab Finance Minister Tanvir Ashraf Kaira has said that more than Rs 10 billion has been distributed among the flood affectees through Watan Cards and more than 500,000 cards have been issued to affected families. "Distribution of seed and fertiliser at free of cost to flood-affected farmers has been started, which will cost Rs 3 billion to be equally shared between the Federal government and Punjab government," he told a delegation of NGOs here on Thursday.
According to the Minister, the overall loss due to flash flood is estimated at around $9.5 billion, and rehabilitation on large scale is the need of hour for which both domestic and foreign resources are required so that reconstruction work could be accelerated in flood-affected areas.
NGOs should come forward for this noble cause and their active participation would be useful for the rehabilitation work. The payment of early compensation (Rs 20,000) to flood affectees would be completed within few days that will cost Rs 16 billion, which is again equally shared between the Federal government and Punjab government.

Copyright Business Recorder, 2010

Comments

Comments are closed.