The Ministry of Science and Technology (MoST) has requested a budget of Rs. 21.21 billion for 73 ongoing and new projects for the public sector development fund (PSDP) for the next financial year. The ministry has proposed allocating 8.65 billion for 33 ongoing and 12.56 billion for 40 new projects in the financial year 2023-24 (FY24).
The ministry has requested 5.31 billion for 8 ongoing and 4 new projects of the Pakistan Council for Scientific & Industrial Research (PCSIR) and proposed an allocation of 3.4 billion for 5 ongoing and 9 new projects of the Pakistan Science Foundation (PSF) in the next financial year.
For the National University of Science and Technology (NUST), the ministry has proposed an allocation of 2.5 billion for 5 ongoing and 5 new projects. Additionally, the ministry has demanded 31 million for 1 new project of the Pakistan Council for Science & Technology (PCST) in PSDP for the year 2023-24.
Furthermore, the ministry has requested 2.2 billion in allocations for 8 new projects of Comsats University Islamabad (CUI) and proposed 476.7 million in allocations for 2 ongoing and 4 new projects of the National Institute of Oceanography in the financial year 2023-24.
The ministry has also requested 51.7 million for 1 ongoing project of the Pakistan Council of Renewable Energy Technologies (PCRET) and proposed an allocation of 106.2 million for 2 ongoing projects of the National Institute of Electronics (NIE). Similarly, the ministry has demanded 56.745 million and 5.7 billion for 2 ongoing projects of the Pakistan Standard Quality Control Authority (PSQCA) and 3 new projects of Comsats Internet Services (CIS), respectively.
Moreover, the ministry has proposed allocating 580 million for 3 new projects of the National Energy Efficiency and Conservation Authority (NEECA) and requested 211 million for 2 ongoing and 1 new project of MoST Secretariat. According to the documents, the MoST has also requested a 2.1 billion budget for 6 ongoing projects of the Task Force for the financial year 2023-24.