Rs10 billion may be allocated for agri projects in budget 2019/2020

ISLAMABAD: The government has decided to allocate record amount for agriculture growth in fiscal year 2019/2020, sources said on Monday.

The sources said that the government may allocate around Rs10 billion to National Food Security and Research for 24 new development projects.

While an amount of Rs1.39 billion likely to be allocated for the ongoing projects.

An amount of Rs1.5 billion may be allocated for the expansion of small and medium dams. In order to improve water resources in the country an amount of Rs5.5 billion to be allocated.

Other projects in the agriculture sector may be included:

— Rs50 million for poultry industry;

— Rs150 million for fish catch culture cluster development period;

— Rs400 million for improving water resources in KPK

— Rs500 million for national oil seed programs

— Rs350 million for wheat output growth

— Rs200 million for sugarcane output

— Rs450 million for growth in rice product

In the last fiscal year an amount of Rs1.8 billion was allocated for National Food Research and Security.

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