PKR 1.77bn for S&T research div allocated

STAFF REPORT ISB: Under the Public Sector Development Sector Programme (PSDP) government has set aside PKR 1.77bn for 18 ongoing and three new projects of Science and Technology Research Division for next financial year 2016-17.

According to budget document, for ongoing schemes PKR 1.36 billion, while PKR 83.65 million earmarked for new schemes. The Science Talent Farming Scheme (STFS) for young students phase 1 (component 1) lead by Pakistan Science Foundation got PKR 700 million and PKR 200 million for Certification Incentive Programe for SMEs under PQI Initiative 2025. For upgradation and modernization of PCSIR Lab Complex, Karachi a sum of PKR 189.85 million has been allocated, for upgradation of NPSL, Islamabad PKR 152.932, and for modernization of PCSIR Labs Lahore PKR 119.89 million were allocated.

For new schemes, Rs 53.650 million has been allocated for feasibility study for the establishment of a technology park in Islamabad, and Rs 20 million for the establishment of the facility for the indigenous development of percutaneous transluminal coronary angioplasty (PTCA) Ballon Catheters, NUST. Besides this, a sum of Rs 2.5 billion has been allocated for the ongoing scheme of Pakistan Remote Sensing Satellite (PRSS) Lahore under SUPARCO (Space and Upper Atmosphere Research Commission).

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