Pakistan boosts space agency's budget from $24 million to $127 million

[Pakistan Space Agency]

Govt presents Rs 3.792 trillion national development plan for FY 2024-25

By Ghulam Abbas
June 12, 2024

ISLAMABAD: The federal government has proposed a national development plan worth Rs 3.792 trillion for the next fiscal year, as approved earlier by the National Economic Council (NEC). This is a significant increase from the Rs 2.393 trillion allocated for the federal and provincial Public Sector Development Programme (PSDP) in the outgoing fiscal year.

According to budget documents, the government has allocated Rs 1.4 trillion for the federal development plan (PSDP), compared to the Rs 659 billion revised allocation for the outgoing financial year, marking a 112 percent increase. The initial allocation for the federal PSDP in the outgoing year was Rs 590 billion, which was later revised upward to Rs 659 billion.

The documents indicate that the federal development programme has actually increased to Rs 1.5 trillion, with an additional Rs 100 billion allocated for public-private partnership (PPP) projects. An additional Rs 196.83 billion is estimated to be invested by state-owned entities in development activities, bringing the total size of the federal development plan to Rs 1.696 trillion.

For the provincial development plan in 2024-25, the government has allocated Rs 2.095 trillion, up from the Rs 1.559 trillion revised PSDP for the outgoing fiscal year. This brings the total development outlay of federal and provincial governments to Rs 3.792 trillion.

In the federal PSDP 2024-25, Rs 356.22 billion have been allocated for different corporations, including the National Highway Authority (NHA) and NTDC/PEPCO, with Rs 180.28 billion and Rs 175.9 billion, respectively.

The PSDP for the next fiscal year includes an allocation of Rs 1.039 trillion for federal ministries and divisions, compared to Rs 459 billion in the outgoing year, reflecting over a 100 percent increase.

As per the documents, the following allocations have been made:

• Rs 7.3 billion for the Aviation Division
• Rs 1.65 billion for the Board of Investment
• Rs 75.7 billion for the Cabinet Division
• Rs 6.2 billion for the Climate Change Division
• Rs 2.2 billion for the Commerce Division
• Rs 728 million for the Communication Division (other than NHA)

Further allocations include:

• Rs 5.6 billion for the Defence Division
• Rs 3.7 billion for the Defence Production Division
• Rs 921 million for the Establishment Division
• Rs 25.7 billion for the Federal Education Division
• Rs 6 billion for the Finance Division
• Rs 66.315 billion for the Higher Education Commission
• Rs 27.6 billion for Housing and Works
• Rs 104 million for Human Rights
• Rs 4.9 billion for Industries and Production Division

For other key sectors:

• Rs 28.9 billion for Information Technology
• Rs 41.2 billion for National Food Security and Research
• Rs 27 billion for National Health Services
• Rs 25 billion for Pakistan Atomic Energy Commission
• Rs 3.2 billion for Petroleum Division
• Rs 60 billion for Planning and Development
• Rs 45 billion for Railways
• Rs 17.6 billion for Revenue Division
• Rs 7.1 billion for Science and Technology
• Rs 35.6 billion for SUPARCO
• Rs 259.5 billion for Water Resources
• Rs 74.5 billion for Special Areas (AJK and GB)
• Rs 80.4 billion for Provincial projects and merged districts of KP
• Rs 70 billion for merged districts of KP

 

[Pakistan Space Agency]

Entrepreneurs, Employees Hail Federal Budget 2024-25

Umer Jamshaid
Published June 13, 2024 | 03:40 PM

RAWALPINDI, (UrduPoint / Pakistan Point News - 13th Jun, 2024) Entrepreneurs and government employees have lauded the proposed Federal Budget FY 2024-25.

The entrepreneurs from IT sectors expressed satisfaction with the funds boost in IT sectors. They said products and services in the IT industry demand more encouragement to involve young IT professionals contribute to national exchequer.

The medium and small-scale businessmen in the Sadar area believed that the competitive IT sector would become a leading entrepreneur domain in the national economy.

Talking to APP, a businessman dealing in computer hardware accessories, Amir Saeed said the federal government has made a major increase in funds for the IT and Telecom Division in its Public Sector Development Program (PSDP) which is a positive indicator for the growth of IT industry. The IT division will get Rs.29.0bn for FY 2024-25 against Rs.6.0bn in the current year.

A group of students noted that the increase in development funds for the Space & Upper Atmosphere Research Commission (SUPARCO) was the right decision by the government. The government has allocated Rs.35.6bn for SUPARCO for FY 2024-25, as compared to the current year’s allocation of only Rs.7.0bn.

The students said that after the successful launch of a space satellite recently in collaboration with China, the space technology sectors demanded a significant raise in development funds for continued research and development.

Government employees observed a sigh of relief in hard economic times, by getting a salary rise as announced in the Federal Budget on Thursday.

Shaban said a salaried person has a fixed income resource that declines by increased inflammation. She said that a raise in her salary would help her meet variant expenditures.

A private school owner and President All Pakistan Private Schools Management Association (APPSMA), Amjad Zeb said that the education sector needed considerable development funds. He suggested that young graduates should be bridged up with industrial demand.

He said the government's decision to provide vocational training is also an encouraging step by the government. He offered the government for private institutions' cooperation for improvement in the education sector.

Entrepreneurs, Employees Hail Federal Budget 2024-25 - UrduPoint

Entrepreneurs and government employees have lauded the proposed Federal Budget FY 2024-25. The entrepreneurs from IT sectors expressed satisfaction with the funds boost in IT sectors. They said products and services in the IT industry demand more encouragement to involve young IT professionals...

www.urdupoint.com

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[JaneBhiDoYaaron]

I sincerely hope money goes to the scientists and space program else the corrupt are already thinking.

 

[newb3e]

retd sabh ki lottery!

 

[AZADPAKISTAN2009]

This program is basically a Money Laundering Heaven
Free money , no one knows where it is spent

If anyone asks questions point towards the Sky , look an Angel is flying over us

Our space program

 

[Persian Gulf]

pakistan has a space programme ? which SLVs does it produce ?

 

[Bhojpuranchali]

pakistan has a space programme ? which SLVs does it produce ?

It's not really a space program; it's a scheme for corrupt politicians and generals to make money. I don't see Pakistan doing anything significant regarding space exploration.

 

[drasticmeasure]

Its a money Laundering gimmick. Its a program which has no real output. Corrupt will use failed Organizations like Suparco to launder this black money.

 

[Persian Gulf]

It's not really a space program; it's a scheme for corrupt politicians and generals to make money. I don't see Pakistan doing anything significant regarding space exploration.

$127m should be a strong starter budget to get something started

 

[Awwad]

pakistan has a space programme ? which SLVs does it produce ?

Nothing that can qualify to be called as "space program".

The sad part is Pakistan has the potential to do a lot in it but its simply lack of vision. There are lot of massive organisations working separately, PAEC, KRL, SUPARCO, AWC, NDC, etc. Each of these have tens of thousands of employees, many engineers and scientists, each organisation has key strengths but there is no vision at top for collaboration. Some strategic orgs like NESCOM & KRL can easily produce a SLV in few years. NESCOM produced shaheen-III missiles, KRL has expertise in that too plus in guidance / control & comm systems. Govt has no vision and no direction in that regard. They do not know the importance of space and hence no direction and no action.

 

[Awwad]

Govt presents Rs 3.792 trillion national development plan for FY 2024-25

By Ghulam Abbas
June 12, 2024

ISLAMABAD: The federal government has proposed a national development plan worth Rs 3.792 trillion for the next fiscal year, as approved earlier by the National Economic Council (NEC). This is a significant increase from the Rs 2.393 trillion allocated for the federal and provincial Public Sector Development Programme (PSDP) in the outgoing fiscal year.

According to budget documents, the government has allocated Rs 1.4 trillion for the federal development plan (PSDP), compared to the Rs 659 billion revised allocation for the outgoing financial year, marking a 112 percent increase. The initial allocation for the federal PSDP in the outgoing year was Rs 590 billion, which was later revised upward to Rs 659 billion.

The documents indicate that the federal development programme has actually increased to Rs 1.5 trillion, with an additional Rs 100 billion allocated for public-private partnership (PPP) projects. An additional Rs 196.83 billion is estimated to be invested by state-owned entities in development activities, bringing the total size of the federal development plan to Rs 1.696 trillion.

For the provincial development plan in 2024-25, the government has allocated Rs 2.095 trillion, up from the Rs 1.559 trillion revised PSDP for the outgoing fiscal year. This brings the total development outlay of federal and provincial governments to Rs 3.792 trillion.

In the federal PSDP 2024-25, Rs 356.22 billion have been allocated for different corporations, including the National Highway Authority (NHA) and NTDC/PEPCO, with Rs 180.28 billion and Rs 175.9 billion, respectively.

The PSDP for the next fiscal year includes an allocation of Rs 1.039 trillion for federal ministries and divisions, compared to Rs 459 billion in the outgoing year, reflecting over a 100 percent increase.

As per the documents, the following allocations have been made:

• Rs 7.3 billion for the Aviation Division
• Rs 1.65 billion for the Board of Investment
• Rs 75.7 billion for the Cabinet Division
• Rs 6.2 billion for the Climate Change Division
• Rs 2.2 billion for the Commerce Division
• Rs 728 million for the Communication Division (other than NHA)

Further allocations include:

• Rs 5.6 billion for the Defence Division
• Rs 3.7 billion for the Defence Production Division
• Rs 921 million for the Establishment Division
• Rs 25.7 billion for the Federal Education Division
• Rs 6 billion for the Finance Division
• Rs 66.315 billion for the Higher Education Commission
• Rs 27.6 billion for Housing and Works
• Rs 104 million for Human Rights
• Rs 4.9 billion for Industries and Production Division

For other key sectors:

• Rs 28.9 billion for Information Technology
• Rs 41.2 billion for National Food Security and Research
• Rs 27 billion for National Health Services
• Rs 25 billion for Pakistan Atomic Energy Commission
• Rs 3.2 billion for Petroleum Division
• Rs 60 billion for Planning and Development
• Rs 45 billion for Railways
• Rs 17.6 billion for Revenue Division
• Rs 7.1 billion for Science and Technology
• Rs 35.6 billion for SUPARCO
• Rs 259.5 billion for Water Resources
• Rs 74.5 billion for Special Areas (AJK and GB)
• Rs 80.4 billion for Provincial projects and merged districts of KP
• Rs 70 billion for merged districts of KP

SUPARCO is a failed organisation. It's a do-nothing organisation. So much budget for so many years and no output. It's a serious loss making entity. A private company with 50 employees can achieve far more than what SUPARCO has done in decades with 1000s of employees. It should be closed and space program should be prioritized through other existing organisations. NESCOM / KRL should be given the task to produce SLV, Others can be tasked for satellites.

 

[AZADPAKISTAN2009]

pakistan has a space programme ? which SLVs does it produce ?

Just liars , the money is used to give salary to retards who buy a kit rocket from overseas sold at ebay for $200 call it a space program

• Make buildings
• Sit in Buildings
• Get car on Government budget with Ration for Gas Money for car
• Add air-condition in office
• Read Novels
• Hire Chacha's kid or Mama's daughter
• Go on foreign tour
• Talk big

Highschool students (in western schools) make similar rockets as any engineering Sparco has ever done

Look at the Quality Rockets India is making next door , since 1970's , we are renting rocket space from other nations

When the Rocket launches , launches with Thunder and great Ambition

 

[AJKashmir1]

Just liars , the money is used to give salary to retards who buy a kit rocket from overseas sold at ebay for $200 call it a space program

• Make buildings
• Sit in Buildings
• Get car on Government budget with Ration for Gas Money for car
• Add air-condition in office
• Read Novels
• Hire Chacha's kid or Mama's daughter
• Go on foreign tour
• Talk big

Highschool students (in western schools) make similar rockets as any engineering Sparco has ever done

Look at the Quality Rockets India is making next door , since 1970's , we are renting rocket space from other nations

There's no accountability in these idaras

 

[AZADPAKISTAN2009]

Rocket kit , given to Yeah Yeah Khan in 1960's
His nick name in foreign countries

This kit was called a great mile stone in Pakistan's Space ambition

Today this kit is sold in ebay



This kind of toy Rockets are available for even Civilians in Western World

 

[AZADPAKISTAN2009]

Here you go Elementary students working with cube settelite

Lanat ho on your Idara and your Space ambition





This is also sold at ebay or amazon

Yeah bhi fully assembled buy ker lo , at least it will return a signal


Pakistan Ki Bhacho Ko to General Aur Judges Kha Gai

Hogiya , Space PROGRAM thup