Sunday 26 May 2013

AJK Development Budget for Various Projects





About Rs 341.082 million have been given for a project in transportation sector with providing interest free loans for 1500 vehicle and rikshaws for self-employment. The Azad Jammu and Kashmir Cabinet Development Committee (AJKCDC) has approved 39 development projects worth Rs17.518 billion. The approval was accorded here in Muzaffarabad on Monday in a meeting presided over by Azad Jammu and Kashmir Premier Chaudry Abdul Mujeed. In education sector two projects amounting Rs590 million have been allocated for the establishment of Cadet College at Muzaffarabad and construction of Mutli-storey complex with Board of Intermediate and Secondary Education Mirpur.

For hydel generation two projects have been accorded approval with an allocation of Rs1.313 billion. Projects in physical planning and housing sector were provided with Rs611.403 million for three projects. The AJK Cabinet Development Committee (AJKCDC) approved 39 development projects of worth Rs175.18 billion. According to details provided by Director Public Relations AJK Raja Naveed, the approved projects are related to hydel generation, public health, physical planning and housing, transport, industries and telecommunication sectors.

The approval was accorded in the CDC meeting held in Muzaffarabad late Monday chaired by Prime Minister AJK Chaudry Abdul Majeed. In education sector two projects of Rs590 million have been allocated for the establishment of Cadet College at Muzaffarabad and construction of multi-story complex with Board of Intermediate and Secondary Education Mirpur. Whereas 341.082 million have been allocated for transportation sector with the objectives of providing interest free loan for 1500 vehicles and rikshaws for self-employment in collaboration with commercial banks.

For the establishment of POL Quality Control Labs (Mobile Units) and weight measures lab at Mirpur, an amount of 138.466 million has been approved which will be executed by industries department. For hydal generation two projects (1.0 MW Galetar Khud Gujran Hydro Power in District Kotli and 6.4 MW Chamfall, Hydro Power Project in Hattian) have been accorded approval with an allocation of Rs13.13 billion. Physical Planning and Housing sector is provided Rs6.11 billion for the completion of 3 projects including the construction of women stadium at Islamgarh, water supply scheme Kharak, Mirpur and Tehsil Headquarter Abbaspur. In telecommunication sector, 25km roads per constituency have been approved for up-gradation. He said that all development projects would be monitored and no delay or substandard material would be tolerated at any cost.

Source: Tribune

 
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