Features of the Provincial Budget 2012-13 Outlined

Saturday, June 09, 2012
  • Provincial Minister Mujtaba Shuja ur Rehman presented a public-friendly, balanced, developmental and tax free budget of 782 billion 85 crore and 98 lakh rupees in Punjab Assembly today.
  • The total estimate of running expenditure for the year 2012-13 is 532 billion and 80 crore rupees and a total estimate of the developmental expenditure is Rs.250 billion.
  • In view of energy crisis, a huge amount of Rs.10 billion has been allocated in the budget for energy sector.
  • A sum of Rs.80 billion has been proposed in the development budget for the uplift projects of South Punjab for the year 2012-13 which is 32 percent of the total development budget.
  • A sum of Rs.14 billion is being allocated for the welfare of women in the developmental budget for the next financial year.
  • A sum of four billion rupees has been earmarked for laptop scheme under which one lakh twenty five thousand more laptops would be distributed among talented students.
  • Such educational institutions as are charging more than five thousand rupees fee will allocate ten percent seats for the poor students from the next financial year.
  • Punjab government and district governments will spend an amount of Rs.195 billion on education sector in the next financial year.
  • An amount of Rs.11 billion has been allocated for metro bus system in the next financial year with which this project will be completed. It will be the first urban mass transit project in Pakistan.
  • A sum of Rs.6.50 billion is being earmarked in next financial year for Punjab Education Foundation for the promotion of education.
  • Eight Daanish Schools will be established in Vehari, Layyah, Lodhran and Bhakkar districts during the next financial year for which a sum of two billion rupees has been allocated.
  • A total of Rs.84 billion will be spent on health sector during next financial year.
  • A total of Rs.16.50 billion are being allocated for development programme in health sector during the financial year 2012-13. Five billion 50 crore rupees are being earmarked for achieving millennium development goals in health sector.
  • A sum of Rs.62.90 billion will be spent on infrastructure development in the development budget for the next year.
  • Punjab government believes in implementation of development programmes at local level and for this purpose, a huge sum of Rs.31.90 billion is being allocated for the implementation of district projects.
  • A sum of Rs.34 billion has been proposed for pro-poor schemes in the budget 2012-13.
  • Two billion rupees are being allocated in the next financial year for Aashiyana Housing Scheme and four new housing schemes will be set up.
  • In order to maintain the price of ‘Atta’ at reasonable level for the benefit of common man, a sum of Rs.27.50 billion has been proposed in the next financial year.
  • In order to provide better public transport facilities, a subsidy of two billion rupees has been proposed in the next budget.
  • Work on new irrigation projects would be started with a sum of Rs.28 billion in the next financial year. Implementation of the project for the restoration of Jinnah Barrage project with the cooperation of World Bank with a sum of Rs.12 billion has been started.
  • Rs.1.50 billion are being allocated in the next budget for improving the performance of judiciary.
  • Punjab government has increased the salaries and pensions of provincial government employees by 20 percent. This raise will be effective from July 01, 2012.