AIRLINK 156.12 Increased By ▲ 0.74 (0.48%)
BOP 10.01 Increased By ▲ 0.32 (3.3%)
CNERGY 7.05 Decreased By ▼ -0.06 (-0.84%)
CPHL 84.13 Increased By ▲ 0.06 (0.07%)
FCCL 44.65 Increased By ▲ 1.21 (2.79%)
FFL 14.89 Increased By ▲ 0.10 (0.68%)
FLYNG 33.34 Increased By ▲ 3.03 (10%)
HUBC 135.55 Decreased By ▼ -0.69 (-0.51%)
HUMNL 12.82 Increased By ▲ 0.31 (2.48%)
KEL 4.16 Increased By ▲ 0.14 (3.48%)
KOSM 5.07 Increased By ▲ 0.05 (1%)
MLCF 71.60 Increased By ▲ 2.16 (3.11%)
OGDC 200.22 Decreased By ▼ -3.03 (-1.49%)
PACE 5.05 Decreased By ▼ -0.01 (-0.2%)
PAEL 43.89 Increased By ▲ 1.39 (3.27%)
PIAHCLA 16.74 Increased By ▲ 0.17 (1.03%)
PIBTL 8.71 Decreased By ▼ -0.08 (-0.91%)
POWER 14.91 Increased By ▲ 0.98 (7.04%)
PPL 148.48 Decreased By ▼ -2.35 (-1.56%)
PRL 29.55 Increased By ▲ 0.64 (2.21%)
PTC 20.85 Increased By ▲ 0.12 (0.58%)
SEARL 83.47 Decreased By ▼ -0.57 (-0.68%)
SSGC 40.03 Decreased By ▼ -0.22 (-0.55%)
SYM 14.88 Increased By ▲ 0.05 (0.34%)
TELE 6.99 Increased By ▲ 0.01 (0.14%)
TPLP 8.38 Increased By ▲ 0.11 (1.33%)
TRG 63.63 Decreased By ▼ -0.42 (-0.66%)
WAVESAPP 8.87 Increased By ▲ 0.30 (3.5%)
WTL 1.34 Increased By ▲ 0.07 (5.51%)
YOUW 3.46 Increased By ▲ 0.04 (1.17%)
AIRLINK 156.12 Increased By ▲ 0.74 (0.48%)
BOP 10.01 Increased By ▲ 0.32 (3.3%)
CNERGY 7.05 Decreased By ▼ -0.06 (-0.84%)
CPHL 84.13 Increased By ▲ 0.06 (0.07%)
FCCL 44.65 Increased By ▲ 1.21 (2.79%)
FFL 14.89 Increased By ▲ 0.10 (0.68%)
FLYNG 33.34 Increased By ▲ 3.03 (10%)
HUBC 135.55 Decreased By ▼ -0.69 (-0.51%)
HUMNL 12.82 Increased By ▲ 0.31 (2.48%)
KEL 4.16 Increased By ▲ 0.14 (3.48%)
KOSM 5.07 Increased By ▲ 0.05 (1%)
MLCF 71.60 Increased By ▲ 2.16 (3.11%)
OGDC 200.22 Decreased By ▼ -3.03 (-1.49%)
PACE 5.05 Decreased By ▼ -0.01 (-0.2%)
PAEL 43.89 Increased By ▲ 1.39 (3.27%)
PIAHCLA 16.74 Increased By ▲ 0.17 (1.03%)
PIBTL 8.71 Decreased By ▼ -0.08 (-0.91%)
POWER 14.91 Increased By ▲ 0.98 (7.04%)
PPL 148.48 Decreased By ▼ -2.35 (-1.56%)
PRL 29.55 Increased By ▲ 0.64 (2.21%)
PTC 20.85 Increased By ▲ 0.12 (0.58%)
SEARL 83.47 Decreased By ▼ -0.57 (-0.68%)
SSGC 40.03 Decreased By ▼ -0.22 (-0.55%)
SYM 14.88 Increased By ▲ 0.05 (0.34%)
TELE 6.99 Increased By ▲ 0.01 (0.14%)
TPLP 8.38 Increased By ▲ 0.11 (1.33%)
TRG 63.63 Decreased By ▼ -0.42 (-0.66%)
WAVESAPP 8.87 Increased By ▲ 0.30 (3.5%)
WTL 1.34 Increased By ▲ 0.07 (5.51%)
YOUW 3.46 Increased By ▲ 0.04 (1.17%)
BR100 12,149 Decreased By -11.3 (-0.09%)
BR30 35,394 Increased By 37.7 (0.11%)
KSE100 114,102 Decreased By -11.7 (-0.01%)
KSE30 34,809 Decreased By -108.8 (-0.31%)

ISLAMABAD: The government has allocated Rs 12.56 billion for the Ministry of National Food Security and Research (MNFS&R) in the annual budget for the fiscal year 2024-25 under the Public Sector Development Programme (PSDP), compared to Rs8.850 billion in the budget 2023-24.

The budget document showed an increase of 70.46 percent in funds allocated for various attached departments of MNFS&R. The Rs12.56 billion would be spent on the completion of 21 ongoing developmental projects and13 new schemes during the current financial year.

Under the PSDP 2024-25, Rs4,000 million has been allocated for a national programme for the improvement of watercourses phase II, while Rs1600 million earmarked for the national programme for enhancing the commend area in rain-fed (barani) areas of Pakistan.

Out of Rs12.56 billon, Rs1,000 allocated for promotion of olive cultivation on commercial scale in Pakistan Phase-II, Rs 800 earmarked for national oilseed enhancement programme and set aside Rs 700 million for professional capacity building in agriculture (TVET National Reforms Programme).

As per the budget breakdown, Rs 600 allocated for water conservation in rain-fed (barani) areas of Khyber Pakhtunkhwa, Rs 491 million for pilot shrimp farming cluster development project and Rs 300 million for promoting research for productivity enhancement in pulses.

The government has allocated Rs 287.600 for Pakistan-Korea joint programme on certified seed potato production system, earmarked Rs 276 million for establishment of seed certification laboratory at Khuzdar & Turbat and set aside Rs 200 million for promotion of trout farming in northern areas of Pakistan.

In the budget 2024-25, Rs 240 million for National Peste des Petits Ruminants (PPR) eradication programme; Phase-I risk based PPR control in Sheep and Goats of Pakistan, Rs 210 million establishment of consumer sourcing seed authenticity system & strengthening of laboratory of Federal Seed Certification and Registration Department (FSC&RD) and Rs 127 million for strengthening of FSC&RD regional laboratory and support mechanism for seed track & trace system to improve seed quality.

Copyright Business Recorder, 2024

Comments

Comments are closed.