Punjab Budget 2015-16 Announced Rs310 Billion. LAHORE: Punjab’s first woman Finance Minister Dr. Ayesha Ghaus Pasha on Friday (today) will announce the provincial budget for fiscal year 2015-16, ARY News reports. According to sources, the volume of the budget for the next fiscal year is Rs. 1220 billion (1.22 trillion) in which Rs. 400 billion have been reserved for development projects in Punjab. punjab budget 2015-16
Govt Employees Salaries Increase 10 Percent Expected Punjab Budget 2015-16 has allocated Rs103 billion for Education and Rs82 billion for Health, Punjab’s first woman Finance Minister Dr. Ayesha Ghaus Pasha on Friday (today) will announce the provincial budget for fiscal year 2015-16. punjab budget 2015-16
Budgets 2015 to 2016 the Prime Minister Mian Nawaz Sharif of Government of Pakistan will be increase the salaries of the all departments of province Punjab and the other provinces PM also. Every official department employees have many expectations from his PM and the Chief Minister of the Punjab Shahbaz Sharif is also wishing for the employees to increase the pay 10 % to 15 % percents in this punjab budget of 2015-16 will be present in the first week of June 2015 or on the end of May 2015.
Every year all the governmental servants wait for this time when the government announced the budget that is well time for them they can idealize that what is the next year situation for them. punjab budget 2015-16. Read ARY New Report.
Punjab Budget 2015-16 Announced Rs310 Billion
Punjab Budget 2015-16 to be announced today
A sum of Rs110 billion has been announced for 1,200 megawatt gas-fired power project in Sheikhupura for which Rs15b will be allocated in fiscal year 2015-16.
Punjab Budget 2015-16 Presented
Four 150MW power projects will be set up in Lahore, Multan, Faisalabad and Sialkot for which Rs90b will be allocated in the upcoming fiscal year.
1- NATURAL RESOURCES
Rs2.17b has been allocated for the development of iron and copper deposits, specifically in Chiniot-Rajwa. The project has been handed to a well-known Chinese company.
Rs52bn has been allocated for building new roads from farms to marketplaces to facilitate transportation of agricultural produce.
Another Rs21b has been set aside for the improvement of irrigation systems in Punjab under the Punjab Irrigated Agricultural Productivity Improvement project, in which 120,000 acres will be irrigated through drip sprinklers and 7,000 water courses will be renovated – for which Rs4.98b has been allocated in the next fiscal year.
Rs930 million has been earmarked for the promotion of tourism.
5- POTABLE WATER
A project of Rs 70 billion has been announced for safe drinking water.
6- RAISE IN SALARIES
Salaries for government employees have been raised by 7.5 percent.
7- MINIMUM WAGE
Minimum wage increased from Rs 12,000 to 13,000.
8- QUOTA FOR WOMEN
15 percent quota for women employees in terms of salaries increase has been reserved.
9- NATURAL RESOURCES
Rs2.17 billion have been allocated for natural resources.
10- APNA ROZGAR SCHEME
At least 50,000 vehicles will be given under Apna Rozgar Scheme.