Education

Punjab government allocates Rs 448b for education budget, up 12.9 percent

The Punjab government has increased the education budget by 12.9 percent and allocated a Rs 448 billion for education sector for the fiscal year 2021-22.

Rs 54.22 billion has been allocated for the development budget for the education sector including Rs 35.5 billion for School Education, Rs 15 billion for Higher Education, Rs 755 million for Special education, Rs 2.9 billion for Literacy and Non-formal basic education and Rs 6.1 billion for sports and youth affairs.

Punjab Finance Minister Hashim Jawan Bukht during his budget speech in the backdrop of noise from opposition benches told the House that the total budget reserved for the education sector was 13 percent more than that for the current year.

“Around 8,360 primary schools of Punjab, which constitute 25 per cent of the total number of private schools, will be made elementary schools including 40 per cent schools situated in the south Punjab. Rs6.50 billion has been allocated for the upgradation of schools.

Rs23 billion has been allocated for Punjab Education Foundation (PEF) and PEIMA for the education of 3.3 million children of Punjab.

“Keeping in view the enormous importance of higher education, funds of Rs15 billion will be earmarked for the sector in the budget which are 285 percent more than those reserved last year,” he shared.

Finance Minister told the house that so far six universities have been built in the province since the PTI took office in 2018 and construction of universities in eight Punjab districts namely Attock, Gujranwala, Rajanpur, Pakpattan, Hafizabad, Bhakkar, Layyah and Sialkot had been approved while seven universities will be built build Bahawalnagar, Toba Tek Singh, Muzzafargarh, Dera Ghazi Khan, Kasur and Sheikhupura.

 “The budget also envisages a programme under which college teachers would be imparted training so that the standard of education could be improved in colleges,” he revealed.

The minister said, funds of Rs83 crore and 40 lakhs had been reserved in the budget for Rehmatulil Alameen Scholarship, which would benefit 15, 000 students.

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