Sindh development schemes worth Rs51 billion removed from PDSP

Karachi: While chairing a meeting about the National Economic Council (NEC), Sindh Chief Minister Syed Murad Ali Shah said that the federal government had deleted 36 developmental schemes worth Rs51 billion from its 2019-20 PSDP.

invest with imarat

Islamabad’s emerging city centre

Learn More

According to the overall finance distribution, allocation for PSDP 2019-20 was Rs36.61 billion. Almost 75 percent of it went to Khyber Pakhtunkhwa /federally administered tribal areas (Fata), 15 percent was given to Balochistan, 4.85 percent to Sindh and Punjab was given four percent of it. According to Mr Shah, cost of the entire PSDP portfolio stood at Rs8 trillion in which Sindh-based schemes cost was Rs540 billion which brings the respective province to only seven percent of its share in the PSDP.

The 36 schemes, which the federal government had deleted include construction of a new bridge over River Indus between Sukkur-Rohri, construction of an 88 km long Mirpurkhas-Umerkot section, construction of Southern Bypass Hyderabad, rehabilitation of the existing 200km carriage way from Sehwan-Ratodero and lining of K.B. Feeder Upper Canal for Water Supply to Karachi.

According to the CM, they are now only left with 5 ongoing schemes with an estimated cost of Rs23.9 billion.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

Garha Mor: A Notable Landmark in Vehari City

Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…

1 day ago

Aslam Market Wah Cantt: Pleasure of Shopping & Dinning

Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…

2 days ago

Abid Market Lahore: An Iconic Shopping Landmark

Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…

3 days ago

CDA Chairman Urges Rapid Completion of Major Islamabad Interchanges

ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…

3 days ago

IMARAT Announces Launch of Pakistan’s Largest Sharia-Compliant REIT – A New Era of Real Estate Investment

Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…

3 days ago

Amma Tower: A Landmark in Urban Living & Commerce

Amma Tower, located in the bustling area of Saddar in Karachi, is a unique blend…

4 days ago