Engineering Post Report
Public Sector Development Programme (PSDP) of the Federal Government for new financial year 2021-22 , made public along with the announcement of the federal budget for next financial year, focuses on a number of initiatives and measures aiming at welfare and well-being of different segments of the society.
PSDP 2021-22 focuses on improving transport and communication facilities with special emphasis on inter-provincial and regional connectivity, investment on building large dams and water conservation system, as per the National Water Policy, augmenting and strengthening health sector infrastructure and service delivery and improving access to higher education.
It also focuses on increasing employment and livelihood opportunities, reducing regional disparities, mitigating effects of climate change, building knowledge economy, enhancing agricultural productivity and ensuring food security and also supporting Public Private Partnership initiatives through Viability Gap funding.
In the PSDP for new financial year, Special Development Packages have also been initiated under the Regional Equalization Programmed to ensure the development of the deprived areas to bring them at par with other developed regions of the country.
The programme includes Accelerated Development Plan for Southern Balochistan, Karachi Transformation Plan, Socio-Economic Development of Gilgit-Baltistan, Sindh Development Plan for 14 plus priority districts and enhanced allocation for Newly-Merged Districts of Khyber Pukhtoonkhwa.
Several projects are also being launched during financial year 2021-22 under Public Private Partnership (PPP) arrangements. These include Sialkot-Kharian and Sukkur-Hyderabad Roads, Kharian- Rawalpindi, Balkasar-Mianwali, Muzaffargarh- Mianwali Road, Quetta-Chaman (N-25), Karachi Circular Railway and Karachi-Pipri Freight Corridor.
Allocation for PSDP 2021-22 has appreciably been enhanced by 38 per cent from Rs 650 billion in FY 2020-21 to Rs 900 billion including foreign aid of Rs 100 billion.
As many as 1188 old and new development schemes have been listed in the PSDP for new financial year ,starting from July 1,2021, with estimated total cost of Rs 389491.840 million including foreign aid of Rs 29183.125 million.
It could not be ascertained immediately as to how many of these large number on-going and new development schemes are most likely to be completed by end June 2022.
More sector-wise details of the ongoing and new schemes listed in PSDP 2021-22 will be mentioned from time to time for the information and benefit of the worthy readers of Engineering Post.