HEC to get Rs42.45 billion in new budget

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ISLAMABAD: The federal government has allocated Rs42,450 million for the Higher Education Commission (HEC) for the fiscal year 2021-22 under the Public Sector Development Programme (PSDP). According to the budget document issued on Friday, Rs29,736 million have been earmarked for ongoing schemes and Rs12,713 million for new schemes. Among the ongoing schemes, an amount of Rs100 million has been allocated for the Centre of Mathematical Science (CMS) at PIEAS Islamabad, Rs225 million for the development of Fatima Jinnah Women University, Campus-II (Phase-2) Chakri Road Rawalpindi, Rs300 million for the establishment of Federal Institute in Hyderabad, Rs100 million for setting up the Main Campus of the Federal Urdu University of Arts, Science and Technology in Islamabad and Rs300 million for the establishment of FATA University.

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