LIVE: Syed Murad Ali presents Sindh tax-free budget

LIVE: Syed Murad Ali presents Sindh tax-free budget
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Summary As many as 1,000 flats will be built in Lyari for impoverished and the homeless

KARACHI (Web Desk) – Sindh Revenue Minister Syed Murad Ali Shah on Saturday is presenting tax free budget for the province which is worth more than Rs 739 billion.

It has been recommended that a certain amount is reserved for development projects in Hyderabad, Shaheed Benazirabad, Mirpur Khas, Sukkur and Larkana. As many as 1,000 flats will be built in Lyari for impoverished and the homeless. The revenue ministry will further reserve a share for as many as 50 new public schools and colleges and three new hospitals


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15:39 Murad announces at least 10 percent increase in basic salaries of government employees


15:27 Circular Railway Project will cost at least US $2.6 billion 


15:20 Budget for Karachi increased by at least 48 percent



14:31 Road Infrastructure: Government has given importance to the infrastructure along with other developmental projects, says Murad. At least 420 kilometers long roads improved for all kinds of traffic in the last fiscal year. Ranipur Road will be completed within the 2015-16 fiscal year. Various roads will be built under the new scheme by the provincial government.

Gambat Ranipur Road


SOLAR ENERGY

Murad says as many as six projects of 100 MW each will be established in the province


THAR PROJECT

Rs 3 billion cubic metres overburden removed. Coal projects including Thar project listed on priority basis for the CPEC


Meanwhile, few reflections on budget FY 2015-16:




 ENERGY

Country is experiencing low growth. It is imperative that government takes steps. Rs 25.9 billion allocated for the sector. Zardari wrote a letter to the PM recently urging the federal government to function in close collaboration with the provinces to overcome crisis, says Murad. 


14:23 Four Rapid Bus Transit projects allocated grant in the budget


14:21 As many as 4,107 terrorists arrested by law enforcement agencies from January 2014 until today. At least 16 terrorists hanged in province during last fiscal year: Murad


14:19 Police apprehended culprits behind Safoora massacre and Shikarpur incident, says Sindh Revenue Minister. At least 10,030 posts created in Sindh Police.



14:14 Law and order situation in Sindh given special consideration in budget, says Murad Ali. Rs 61 billion reserved for the Sindh Police. Rs 2.4 billion reserved for Rangers compared to last year s rs 2.2 billion


 14:12 Rs 250 million reserved for Thalassemia


13:59 Opposition raises voice against budget, assembly sees ruckus


13:50 Increase in budget of agriculture, irrigation, food, energy and works and services departments recommended


13:45 Agriculture development budget Rs 4.5 billion reserved


13:43 At least Rs 3 crore reserved for water supply to Thar coal project


13:40 Rs 50 billion will be recovered from cotton fees