In the budget for FY2022-23, the Finance Division approved allocating Rs. 6 billion to 27 Public Sector Development Projects (PSDP) under the Federal Education and Professional Training (FEPT) Division.
Twenty-five of these projects is still active, while two new projects have been approved for budget allocation. 25 ongoing projects will receive Rs. 5.85 billion, while new projects will receive Rs. 149.33 million.
According to the Budget FY2022-23 document, Rs. 150.74 million has been approved for the awarding of scholarships to 1,600 talented students from Indian-occupied Jammu and Kashmir (IIOJK).
On May 6, 2019, this project was approved for a total cost of Rs. 2.05 billion. The project has so far received Rs. 888.21 million in funding. The project requires Rs. 1.16 billion of the total approved cost to be completed. However, for FY2022-23, the Finance Division has only allocated Rs. 150.74 million to the project.
In addition, Rs. 106.31 million has been allocated for the establishment of the National Curriculum Council (NCC). On June 2, 2021, this project was approved for a total cost of Rs. 720.82 million.
The project has so far received Rs. 234.74 million in funding. The project still needs Rs. 486.07 million to be completed out of the total approved cost. However, the Finance Division has only allocated Rs. 106.31 million to the project for the fiscal year 2022-23.
