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Pakistan

Cabinet approves Rs 782bn Punjab budget

Dunya News

The cabinet approved the Punjab budget of worth Rs 782 billion in camp office at Minar-e-Pakistan.

The 780 billion rupees Punjab budget 2012-13 would be presented in the provincial assembly on Saturday.The amount earmarked for development will be Rs 246 billion. About 20 percent increase in the salaries of public servants has been proposed. The amount fixed for social development is Rs 85 billion. The education and health will get Rs 30 and 18 billion respectively.Rs 67 billion on infrastructure, Rs 10 billion on production, Rs 70 billion on police and Rs 9 billion on service sector will be spent. About Rs 20 billion has also been proposed for subsidies on various sectors.Rs 13 billion on women development and Rs 0.35 billion on minorities will be spent. Rs 4 billion will be allocated for Ramazan Bazaars.The Ashiana, yellow cab and laptop schemes will also continue during the financial year 2012-13.Easy loan schemes for women and small farmers have also been proposed in the tax free Punjab budget 2012-13.