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Sunday, June 10, 2012

Major Feature of Punjab Budget 2012-13


LAHORE – The Punjab government has promised a total of 80,000 new jobs in various departments during the next fiscal year starting July 1, 2013. However, it has not been explained how many people will be absorbed in which department.
.    A quota of 15 per cent has been reserved for women in all jobs
        and all women colleges will be provided with buses.
.    As many as 125,000 laptops will be given to students during
         the next year. A similar number of students received the gadg
        ets during the outgoing year. In all, 400,000 students will be
         provided with laptops.
.    Ten per cent of seats in private educational institutions
         charging Rs5,000 or more in monthly fees have been pro
          posed for poor students. Their expenditure will be met by the
        institutions.
.    Some 150,000 qualified skilled workers will be given interest-
         free loans of Rs50,000 each to enable them to set up their
         businesses.
.    Twenty thousand yellow cabs and as many green tractors will
         be provided to the people. 50,000 graduates will be given a
        chance for four-month internship in various departments,
         during which they will be given a stipend of Rs10,000 a month. .    
The flour prices keep fluctuating throughout the year. To
         keep them at a reasonable level, a subsidy of Rs27.5billion has
        been earmarked. There is no explanation as to what the rea
        sonable level means.
.    An amount of Rs4 billion has been set aside to provide subsidized 
       eatables during Ramazan.
.    The energy sector has been given high priority with an allo
         cation of Rs10 billion. Feasibility reports of 10 projects with a
         capacity to generate 80MW electricity have been completed
         at a cost of Rs29 billion. Agreements have been signed with
          China to produce 120MW hydel power from a plant at Taunsa.
.    Four Ashiyana schemes will be started next year at a cost of
         Rs2 billion.
.    Transport sector will also get special attention during the
         next year. A total of 575 CNG buses will be imported from
        China. Of them, 350 have already reached Lahore while the
        remaining will also be made available in the near future.
.    A total of 1,200 new buses will be included in the urban trans
         port system.
.    An allocation of Rs11 billion has been made for the metro sys
        tem.
.    Jinnah Abadi Scheme will be continued during the next year
        and 115,000 deserving people will be given free-of-cost plots.

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