Nine PM’s schemes get Rs80b under PSDP

The federal government has earmarked Rs80,000 million for nine new schemes under the Public Sector Development Programme (PSDP) for the financial year 2023-24.

As per the budgetary documents on Friday, the nine new schemes under the prime minister’s initiatives would be completed at a total cost of Rs189,378 million.

For the new fiscal year, the government allocated Rs10,000 million for PM's Youth Programme, Rs5,000 million for PM's Youth Skills Development, Rs5,000 million for Pakistan Education Fund and Rs5,000 million for PM's Initiatives Support for Information Technology (IT) Start-ups and Venture Capital.

Similarly, the government specified Rs10,000 million for PM's Laptop Scheme, Rs3,000 million for PM's National Programme for Solarisation of Agriculture Tubewells in Pakistan, Rs5,000 million each for PM's Initiative for Sports, PM's Initiative for Green Revolution 2.0 and PM's Initiative for Women Empowerment.