Tag Archives: Funding

Funding to HEC blocked

ISLAMABAD – Amidst the controversy over the proposed devolution of Higher Education Commission (HEC) to the provinces, the Finance Ministry on Friday blocked the quarterly grant of Rs 7.7 billion to the commission. The amount allocated for the fiscal year 2010-11 was supposed to be released on April 1.
However, the ministry refused to release the grant, saying it could not be released until the HEC’s fate was decided. Talking to Pakistan Today, HEC Chairman Dr Javaid Leghari

Japanese PM vows funding to tackle long N-crisis

TOKYO – Japanese Prime Minister Naoto Kan said on Friday he was ready for a long fight to bring a quake-hit nuclear plant under control but was convinced Japan would overcome the world’s worst nuclear crisis since the Chernobyl disaster in 1986.
“I am prepared for a long-term battle over the Fukushima nuclear plant and to win this battle,” he said in a nationally broadcast news conference as the country marked three weeks since a massive earthquake and tsunami triggered the

Funding for agri projects stepped up

LAHORE – The current provincial government has allocated an amount of Rs 1.0 billion for funding output oriented research projects on a high priority basis through the Punjab Agricultural Research Board. This was stated by Punjab Minister for Agriculture Malik Ahmad Ali Aulakh, while delivering concluding remarks at an international seminar on “wheat productivity enhancement to sustain self sufficiency” held at Ayyub Agriculture Research Institue (AARI) Faisalabad.
In the

CDNS offers govt funding for Bhasha, Munda dams

ISLAMABAD – Central Directorate of National Savings Director Schemes Afzal Tahir told the Senate Standing Committee on Law, Justice and Human Rights on Saturday that the directorate had offered the government to fund major development projects, such as the construction of Munda Dam and Bhasha Dam. “Several meetings had been held on the subject and the government has shown a positive response to our offer,” he added. The Senate Standing Committee on Law approved the Code of Criminal

Ministry announces funding of Rs 5m for minority students

LAHORE – The Punjab Ministry for Minorities and Human Rights has signed an agreement with Technical Education and Vocational Training Authority (TEVTA) to impart training to youth belonging to minority communities in the province.
This was announced by Punjab Minister for Minorities and Human Rights Kamran Michael while presiding over a departmental meeting on Monday, the Minister informed that TEVTA will train and educate the students from minority communities residing in

Pakistan seeks US funding for Bhasha Dam

ISLAMABAD – Pakistan on Thursday sought funding from the United States for the construction of Bhasha Diamer Dam and other projects.
Minister for Water and Power Raja Pervez Ashraf told the reporters after meeting with the US delegation led by Senior Adviser to US president on Economy David Lipton that they have sought financial assistance from US for the construction of hydel power projects. “We have informed them that a total of 2,000 MW of electricity would be added in the

Minister urged to ramp up Thar energy funding efforts

KARACHI – Thar Coal and Energy Board (TCEB) Chairman Syed Qaim Ali Shah has requested the Federal Minister For Water and Power Raja Pervez Ashraf to take up Thar coal power projects during the next round of Pak-US Energy Dialogue.
The funding being sought from the Kerry-Lugar package is for at least one indigenous coal mining and power project at Thar with a capacity to generate between 4,000 and 5,000 megawatts of electricity.
According to the minutes of the tenth board

Foreign funding sought for transmission line to Thar

KARACHI – Foreign funding is sought for the establishment of a transmission line to the Thar coalfields for the distribution of between 2,500 and 3,000 megawatts electricity from the coal projects to the national grid.
Ministry of Water and Power will hold a meeting shortly with all concerned stakeholders to resolve the issue related to the approval of the project from Executive Committee of the National Economic Council (ECNEC) in order to ensure that work on the transmission

‘Government responsible for funding universities’

LAHORE: It is the federal government’s responsibility to provide adequate funding to universities for raising the quality of higher education at par with international standards, Pakistan Engineering Council (PEC) Chairperson Rukhsana Zuberi said on Monday.
She made these remarks while addressing the inaugural session of the 3rd International Conference on “Assessing Quality in Higher Education” at the Punjab University (PU) Law College Auditorium. PU Vice Chancellor Dr Mujahid

Winter sets in as funding dries up, worse yet to come: UNICEF

ISLAMABAD: Around 8 million children will remain unvaccinated and the education facilities for over 2.5 millions will not be restored if the United Nations is not provided funds by the international community immediately, Kristen Elsby, spokesperson of UNICEF, warned on Wednesday.
“We will be forced to wrap up vaccination facilities and close down various schools and
life saving centers in Pakistan if funds are not provided immediately to the UN or UNICEF,” she said, adding

Netherlands to Provide Majority of SME funding

The Netherlands has generously offered to bear at least 60 percent of the cost of funding SME projects in Pakistan, which may cost up to of 1.5 million euros, at a time when resources are badly needed elsewhere.
The offer was renewed by Mr. Ahmad Dodou, Head of Economic Affairs of Embassy of the Netherlands and Paul Schoenmakers while speaking at the Lahore Chamber of commerce and Industry (LCCI). The event was well attended by members of the body
The officials informed the

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