Govt imposes Rs8.5b cut on PSDP allocations of various projects.

ISLAMABAD -- The federal government has imposed Rs8.5 billion cut on the PSDP allocations of various development projects related to infrastructure, education, power, agriculture and planning.

The government has imposed a cut on the allocations of 11 slow-moving development projects in Public Sector Development Programme 2022-23 (PSDP), official source told The Nation.

According the source, the ministries/ divisions that are affected by the decision include Board of Investment, National Highway Authority, Federal Education, Inter Provincial Coordination Division, Interior Division, Planning Development and Special Initiatives, and Power Division.

The highest cut has been imposed on the project of Locust Emergency and Food Security Project of the National Food Security and Research Division. The total allocation for the project was Rs3200 million, however a drastic cut of Rs3000 million has been impost on it.

On the project of Secondary Transmission Lines and Grid Stations 2021- 22 (HESCO) of Power Division, a cut of Rs1500 million has been imposed. The earlier allocation of the project was Rs2000 million, which has been reduced to Rs500 million.

On the NHA project of Dualisation and Rehabilitation of Karachi- Kararo (232km) and Wadh-Khuzdar (41km) (Total Length 273km): N-25 and Dualisation and Rehabilitation of Kararo: Wadh (83km) and Kuchlak-Chaman (104km) (Total Length 187km): N-25 a cut of Rs1500 million each has been imposed. Earlier allocations for both projects were Rs3000 million each.

On the project of feasibility study and acquisition of land for the Islamabad model special economic zone, which is executed by Board of...