Pakistan Today

CDA Board approves Rs40,538 million budget for FY2018-19

–Approves Eid allowance for all Muslim employees, non-gazetted to get one month’s basic, while gazetted to bag half month basic pay

 

ISLAMABAD: Capital Development Authority (CDA) Board has approved Rs40,538.42 million budget for the financial year 2018-19 in its meeting held at CDA Headquarters on Thursday, chaired by CDA Chairman Usman Akhtar Bajwa.

The total outlay of budget is estimated at Rs40,538.42 million for the financial year 2018-19, which is 6 per cent more than the last year’s budget. Rs10,575.42 million would be received from government grants, including PSDP budget while Rs23,565.22 million would be received from CDA sources. Total receipts are estimated at Rs23,565.22 million. Development budget is estimated as Rs21,743.13 million, which is 54 per cent of the total budget. Non-development expenditure is estimated at Rs10,200.51 million, while the provision of Rs6,397.78 million for MCI formations for pay and allowances and non-development expenditure on a provisional basis as requested by MCI has also been proposed. However, the arrangement shall be subject to the approval of Ministry of CADD or a competent authority.  The apparent deficit in the budget is due to provision kept for the MCI. It will be met provisionally from CDA sources and eventually will be made good through the demand of funds/grant from the federal government.

On this occasion, the CDA chairman said that this budget is development oriented and focus has been given to the acquisition of land, development of stalled sectors where development is pending since many years, construction of landfill site, road infrastructure and other projects of public welfare.

For the budget of the financial year 2018-19, funds amounting to Rs3,000 million have been allocated for the acquisition of land and payment of built-up property. Rs1,000 million have been allocated for the infrastructure development of Sector I-15, Rs500 million have been proposed for the construction of grade separation facility at intersection of 7th Avenue with Khayaban-e-Suharwardy and Kashmir Highway, Rs100 million for construction of landfill site, Rs100 million for construction of cultural complex at Shakarparian, Rs100 million for construction of Service Road (south) of Blue Area, sector E-11 and Rs100 million for provision of water and sewerage services in F-8/F-9, Blue Area. Similarly, construction of major roads of Model Village Kuri would be also developed during the financial year 2018-19 and in this context funds amounting to Rs100 million have been approved during the meeting. The master plan of Islamabad would also be reviewed during the financial year 2018-19 and necessary funds amounting to Rs100 million have been allocated for the purpose.

During the financial year 2018-19, funds amounting to Rs100 million for the construction of Barma Bridge at Lehtrar Road, Rs100 million for the construction of Orchard Scheme at Murree Road and funds amounting to Rs100 million for refunds have been allocated for a refund to the allottees of flats of Sector I-15. Projects, including the construction of additional block at Capital Hospital, G-6, protection of CDA’s acquired land in Islamabad and providing/fixing of boundary pillars for demarcation of CDA/ICT boundary would be completed during the financial year 2018-19 and funds amounting to Rs50 million, Rs25 million and Rs10 million have been allocated for these projects respectively.

During the financial year 2018-19, from the PSDP grant, Rs7,000 million have been received for Signal Free Islamabad Expressway Corridor.

EID ALLOWANCE FOR EMPLOYEES APPROVED:

In a separate notification issued, the BPS-1 to 16 employees are to get one-month running basic salary as allowance while the gazetted officers of BS-16 and above will get half months running pay an allowance. The payment will be made on June 1.

Talking to Pakistan Today, CDA spokesperson Malik Saleem said that the step of giving allowance to employees will boost their morale and ease the preparations of Eid for them.

“The decision to give a whole one month salary to lower staff is a laudable one and they are genuinely happy with the announcement,” he said.

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