Rs5b loan approved for Ravi Riverfront land

The Punjab cabinet has given principle approval of Rs5 billion loan to the Ravi Riverfront Urban Development Authority (RUDA) for land acquisition.

The 39th cabinet meeting was held under the chair of Punjab Chief Minister Sardar Usman Buzdar at

CM’s Office on Thursday. LDA Vice Chairman S M Imran and RUDA Chairman Rashid Aziz gave the briefing to the cabinet about Ravi Riverfront Urban Development Project.

It also approved for providing state land for the master plan of Ravi Riverfront Urban Development project. The authority will present its business plan and financial model for this purpose.

The cabinet simplifies the long process of issuance of the no-objection certificates (NOCs) for installing petrol pumps in the province by reducing the issuance period from 90 days to 30 days.

Punjab cabinet, under 3% special quota for visually impaired persons, has also approved to give special relaxation in upper age limit in the employment. The Punjab cabinet again rejected the

proposal of getting charges in major hospitals. Buzdar, while addressing the meeting, said PTI government has come into power for providing relief to a common man and user charges cannot be reconsidered right now.

The cabinet also gave approval for a common syllabus throughout the province. The meeting, in the light of the court decision and under Rule 17-A, gave approval of recruitment on a permanent basis.