Wednesday 7 May 2014

FINANCIAL AUTONOMY OF PIDA

The Chief minister Punjab Muhammad Shahbaz Saharif has given financial autonomy to PIDA. According to details, PIDA will be able to incur funds after the approval of its budget despite depositing the available funds to the governmental kitty. It is expected that sufficient resources for in time maintenance of water channels will be available. It is pertinent to mention here that the farmers organization are legally bound to deposit fifty percent of collected Abiana amount which was further deposited in the kitty of Punjab Government.
After the status of autonomy, PIDA will maintain its expenditures from the collected amount of Abiana.

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