Federal budget 2018-19 at glance: Rs 46,680 million allocated for higher education sector

BusinessFederal budget 2018-19 at glance: Rs 46,680 million allocated for higher education...

ISLAMABAD, Pakistan: The federal government has allocated Rs 46,680 million under Public Sector Development Programme (PSDP) for the ongoing and new schemes of the Higher Education Commission (HEC) during fiscal year Rs 2018-19.

According to the budgetary document on Friday, out of total amount, around Rs 40218 million has been allocated for ongoing schemes while Rs 6462 million has been allocated for new schemes.

Among ongoing schemes, Rs 516 million has been allocated for Centre for Mathematical Science (CMS) at PIEAS Islamabad while, around Rs 580 million has also been allocated for development of Fatima Jinnah Women University, Campus-II (Phase-2) Chakri Road Rawalpindi.

Rs 600 million has been allocated for enhancement of Research Facilities at University of Veterinary & Animal Sciences (UVAS), Ravi Campus Pattoki, as well as Rs 1000 million has also been allocated establishment of Sub-Campus of Public Sector Universities at district level.

Further, the government has been allocated Rs 800 million for the establishment of Technology Development Fund for HEC scholars returning after completion of PhD to introduce new technologies application in Pakistan.

While, Rs 600 million were allocated for Fulbright Scholarship Support Program HEC-USAID (Phase-II) and Rs 500 million has been allocated for strengthening and up gradation of Universities of Backward area.

Among new schemes, Rs 316 million has been allocated for construction of Hostel/Sports facilities at Karakoram International University (KIU), as well as Rs 300 million has also been allocated for establishment of University of Murree.

Furthermore, the government has also allocated Rs 100 million for Pakistan Academy of Social Sciences, while Rs 100 million has also been allocated for the Prime Minister University Olympic.

The government has also allocated Rs 200 million for establishment of National University of Sports.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

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