Budget 2017: Rs 1614.266 million allocated for agriculture development

ISLAMABAD: The government has allocated Rs 1614.266 million for 15 on-going and 10 new schemes of Ministry of National Food Security and Research under its Public Sector Development Programme (PSDP), for the financial year 2017-18.

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According the PSDP 2017-18, an amount of Rs 1277.819 million has been earmarked for 15 on-going developmental projects, whereas Rs.333.447 has been allocated for 10 new schemes.

An amount of Rs 500 million has been allocated for the promotion of olive cultivation in commercial scale across the country in order to fulfill the domestic requirements of the edible oil.

In PSDP, 2017-18, the government has earmarked Rs 284 million for national pesticides residue monitoring system in the country in order to make the efficient use of agri-inputs.

An amount of Rs 40.174 million has been allocated for aqua feed production in the country for the commercial important culture able fishes to develop and promote the aquaculture.

For the implementation of the quality management system at national veterinary laboratory and expending scope of accreditation under ISO, the government has allocated Rs 39.70 million.

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