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Friday, December 24, 2010

Education budget to go up by 7pc by 2015: NA told

ISLAMABAD, Dec 24 : The National Assembly was informed Friday that the government is determined to allocate seven per cent of overall GDP for the development of education sector by 2015 as against the present around 2 percent.

Parliamentary Secretary for Education Gul Muhammad Jhakrani answering questions in the National Assembly conceded that education sector deserves more financial resources to improve education in the country. He said financial allocation ratio for education will be enhanced gradually to reach 7 percent by 2015.

Responding to a call attention notice, Parliamentary Secretary for Education said that buses and coaches have been provided to all schools and colleges in Islamabad to provide transport facility to the students.

He now buses and coaches are being provided to schools situated in the rural areas of the federal capital territory to facilitate the students. He said so far nine buses have been provided to these schools.

Similarly, he said the federal government is providing free of cost books to the students in the schools located in the federal capital area.Minister of State for Industries Dr. Ayatullah Durrani informed the House that new industrial policy is being formulated aiming at attracting more investment by giving incentives to the investors in various sectors.

To another question he said urea prices have been increased during the last two years due to various reasons but it is utmost effort of the government to ensure provision of fertilizer at reasonable prices to the growers. Answering a question the Minister said there is no proposal to establish new steel mill but a plan has been chalked out to upgrade Pakistan Steel Mills and enhance its production up to one point five million tons per year.

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