Highlights of federal budget FY 2020-21

By: News Desk      Published: 05:53 PM, 12 Jun, 2020
Highlights of federal budget FY 2020-21
  • Total outlay of PSDP for the fiscal year 2020-21 is Rs1.324 trillion — The share of federal PSDP is Rs650 billion while that of provincial PSDP is Rs674b.

    Federal budget carries forward Rs34 trillion deficit.

    Revenue target set at Rs6573 billion.

    Rs180 billion spared for subsidies.

    Rs10 billion will be spent on reforms programme

    Inflation will be brought down to 6.5%.

    Rs250 billion for social sector projects.

    Rs64 billion have been allocated for the Higher Education (HEC).

    Rs40 billion allocated for the Pakistan Railways.

    Rs13 billion go to public hospitals.

    Rs1 billion have been budgeted for the artists support fund.

    Rs10 billion have been earmarked to combat locust swarms.

    Rs180 billion have been budgeted to provide relief to the people in power sector.

    Rs71 billion have been set aside to buy medical equipment.

    Rs150 billion have been budgeted for poor families.

    Rs100 billion have been allocated for emergency budget.

    Rs55 billion have been budgeted for the Azad Jammu Kashmir (AJK).

    Rs32 billion have been allocated for Gilgit Baltistan.

    Rs48 billion for new KP districts.

    Rs19 billion have been allocated for Sindh.

    Rs 10 billion special grant for Balochistan province.

    FBR revenue target has been set at Rs 4,963 billion.

    Rs25 billion spared for easy loans to farmers.

    Rs50 billion have been budgeted for the Utility Stores.

    Rs75 billion have been allocated for the Health department.

    Rs200 billion have been allocated for the daily wagers.

    Rs100 billion have been set aside for the Corona Fund.

    Rs100 billion have been allocated for the electricity and gas bills.

    Rs 50 billion have been allocated for welfare of small businesses.

    Rs1320 million has been earmarked for Aviation Division.

    Board of Investment will get Rs80 billion.

    Rs47,802 million have been earmarked for Cabinet Division.

    The Climate Change Division will get Rs5,000 million.

    Rs103 million have been set aside for Commerce Division.

    Rs 254 million are allocated for Communication Division (other than NHA).

    Rs660 million have been earmarked for Defence Division.

    Rs1,579 million have been set aside for Defence Production Division.

    Rs282 million are allocated for Establishment Division.

    Federal Education and Professional Training Division will get Rs4,526 million.

    Rs66,666 million have been allocated for Finance Division.

    Rs10 million has been provided for Foreign Affairs Division.

    Rs8,736 million have been earmarked for Housing and Working Division.

    Rs256 million will be provided to Human Rights Division.

    Rs800 million have been set aside for Industries and Production Division.

    Rs360 million are allocated for Information and Broadcasting Division.

    Rs6,672 million will be provided to Information Technology and Telecom Division.

    Rs 929 million have been set aside for Inter-Provincial Coordination Division.

    Rs14,758 million have been granted for Interior Division.

    Rs52,424 million have been earmarked for Kashmir Affairs and Gilgit-Baltistan Division.

    Rs991 million have been earmarked for Law and Justice.

    Rs2,683 million have been allocated for Maritime Affairs Division.

    Rs53 million have been granted to Narcotics Control Division.

    Rs12,000 million have been earmarked for National Food Security and Research Division.

    Rs14,508 million have been allocated for National Health Services, Regulation and Coordination Division.

    Rs194 million have been provided for the National Culture and Heritage Division.

    Rs23,297 million have been earmarked for Pakistan Atomic Energy Commission.

    Rs350 million have been set aside for Pakistan Nuclear Regulatory Authority.

    Rs1,786 million have been earmarked for Petroleum Division.

    Rs3,545 million have been allocated for Planning, Development and Special Initiatives Division.

    Rs135 million have been allocated for Poverty Alleviation and Social Safety Division.

    Rs24,000 million have been set aside for Railway Division.

    Rs53 million have been allocated for Religious Affairs and Interfaith Harmony Division.

    Rs1,697 million have been earmarked for Revenue Division.

    Rs4,458 million have been earmarked for Science and Technology Research Division.

    Rs4,975 million have been earmarked for SUPARCO.

    Rs81,250 million have been allocated for Water Resource Division.

    Rs118,674 million have been set aside for National Highway Authority.

    Rs39,649 million have been allocated for NTDC/PEPCO.

    Rs3,000 million have been earmarked for ERRA.

    Rs70,000 million have been set aside for COVID Responsive and Other Natural Calamities Programme.