Punjab education budget
Punjab Finance Minister Dr Ayesha Ghaus has presented the annual Provincial budget in the Punjab Assembly of Rs 1681 billion for the fiscal year 2016-17. She stated that the Provincial government had set down five priority needs in the proposed budget. These include, the sectors of health, education, agriculture, law & order and provision of clean water. A total of Rs 312.80 billion has been allocated for the education sector.
According to the Budget 2016-17, Rs 47 billion are placed for Higher Education Commission (HEC). New scholarships of Rs 20 billion have been announced along with IT programmes. 45 thousand teachers to be hired for primary schools and Rs 2 billion have been suggested for Punjab Education Foundation. Rs 6 billion each have been set aside for the laptop scheme and for the provision of facilities at schools. The development budget of School Education has been increased from Rs 33.0 billion in FY 2015-16 to Rs 47.7 billion in FY 2016-17.
36,000 classrooms will be built and school structures will be improved during this year and all the missing facilities will be provided during this year to all the schools in the Province. The budget outlays that 45,000 new teachers will be recruited in the Province and minimum three teachers will be made available for each school and that merit will be ensured at all costs. It will also be ensured that the teachers are recruited from the same areas where the schools are located.
The current education budget is 58pc of the total ADP allocated for current year while last year it was 77pc of the total ADP. The total budget also includes Rs12 billion for Punjab Educational Foundation, Danish Schools and Endowment fund. So total is Rs. 312,80 billion - slightly more than last year’s budget.