Govt releases Rs4,133.128m for IT projects

Author: Monitoring Desk

The government has so far released funds amounting to Rs4,133.128 million during the current fiscal year to execute the Information Technology and Telecommunication projects under the Public Sector Development Programme (PSDP 2021-22).

The federal government has allocated 9,361.06 million for the ongoing and new schemes of the Information Technology and Telecom Division in the public sector development program for the financial year 2021-22.

Rs7,050.000 million were allocated for ongoing schemes and Rs2,311.056 million were earmarked for the new schemes for the Telecom Division

For new schemes, the government has allocated Rs400 million in the Public Sector Development Programme (PSDP 2021-22) for the establishment of an IT park in Karachi, Rs365.528 million for hybrid power solution solarization for remote sites in AJK, Rs365.528 million for hybrid power solution solarization for remote sites in Gilgit Baltistan, Rs160 million for National Centers of Research Innovation and Entrepreneurship in AAI and allied technologies (NCRIE-AI) feasibility study and Rs100 million for raising smart capital through the private trading market at PSK (PSEB).

While for the ongoing schemes, Rs955 million were allocated for blended virtual education (VU), Rs312 million for the establishment of SINO-Pak center for artificial intelligence, Rs616 million for expansion of cellular services in AJK- GB, Rs500 for protection and up-gradation of Pak-China Phase-1 CFC project of establishment of cross border connectivity project, Rs1500 Technology Parks Development Project (TDP) at Islamabad, Rs300 million for up-gradation of existing.

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