Of Rs 14bn budget for HEC Rs 679.8m to be spent on 6 new schemes

[Lahore_Real_Estate]

ISLAMABAD: The Federal Cabinet Friday allocated Rs 679.895 million for the six new schemes of Higher Education Commission (HEC) in the federal budget for 2011-12 under PSDP. According to PSDP documents, Rs 20 million have been sanctioned for the establishment of National Institute of Liver and Gastro-intestine Diseases at Dow University of Health Sciences, Karachi, Rs 60 million to erect a university at Turbat, Rs 50 million for National Defense University, Rs 49.895 million for Establishing a university at Loralai, Rs 300 million for establishment of a university at Malakand/ Swat and Rs 200 million for indigenous PhD fellowship for 5000 scholars. Out of a total allocation of Rs 14 billion in the current budget, Rs 13320.105 million have been sanctioned for 166 on-going while Rs 679.895 million for six new schemes.