Punjab Budget 2012-13, Punjab Annual budget for Fiscal Year 2012-13

Fri, 06/15/2012 - 13:06 -- Umar Farooq

The Government of Punjab Finance Minister Mujtaba Shuja Ur Rehman announced Rs. 780 billion budget 2012-13.

  • Salaries of Government employees are increased by 20%.
  • It was announced that MPAs salaries will be reduced by 5%.
  • For energy sectors Govt. of Punjab allocated Rs. 10 billion in the budget 2012-13.
  • There will be no new taxes for middle class 
  • Almost 125,000 laptops will be given no deserving student.
  • A sum of Rs. 32.38 billion for the purpose of general administration
  • Rs. 81.86 allocated in the Punjab budget 2012-13 for public order & safety.
  • To increase the performance of courts a sum of Rs. 1.5 billion set aside.
  • For education sector Rs. 31.56 billion set aside
  • Rs. 320 million will be spent for the welfare of monitories
  • It is decided that Ashyiana Scheme will be started in four different cities for this purpose Rs. 2 billion allocated.
  • For Subsidy of wheat Rs. 27.5 billion allocated in the Punjab budget 2012-13.
  • It is decided that Rs. 2 billion will be given to eight more Danish Schools.
  • Rs. 100 earmarked HR & Labour Department.
  • IT sector will get Rs. 2.4 billion.
  • Punjab education fund will get Rs. 6.5 billion in the fiscal year 2012-13.
  • Transport sector will get Rs. 6.2 billion.
  • Sports sectors will get Rs. 1.8 billion.
  • Health sector will get Rs. 16.5 billion
  • For infrastructure purpose Rs. 1 billion allocated
  • Service sector will get Rs. 11.1 billion in this fiscal year 2012.
  • For youth Rs. 15 billion set aside
  • Rs. 1 billion will be spent for solar panels installation.