The government has released Rs 1.214 billion for Information Technology and Telecom Division out of its allocated amount of Rs. 1.45 billion under the Public Sector Development Programme (PSDP) for the current fiscal year 2018-19.
The government has released Rs 1.214 billion, including Rs 344.505 million of foreign aid and Rs. 870.451 million local components, for Information Technology and Telecom Division, revealed the official documents.
Some of these projects and released amounts include:
The Ministry of Information Technology and Telecommunication had proposed an amount of Rs. 9.787 billion for 15 development projects for the financial year 2018-19 including 6 ongoing projects and 9 new projects.
The Senate Standing committee had approved Rs 9.787 billion budgetary proposals under the PSDP for the fiscal year 2018-19 against Rs. 1.538 billion earmarked for the financial year 2017-18.
However, the previous government allocated Rs. 6.535 billion for Information and Communication Technology under the Public Sector Development Programme (PSDP) for 2018-19. With the cut by the incumbent government on PSDP, the budget allocation has been reduced to Rs. 1.45 billion for IT &T for the current fiscal year.