ISLAMABAD: Minister of State for Education, Training and Standards in Higher Education and Interior Muhammad Baligh-ur-Rehman has hailed the budget announced for the year 2014-15, terming it comprehensive and realistic.
Talking to APP, Baligh-ur-Rehman said this budget is not merely based on tall claims and the government would take practical steps to implement all the announcements made in the budget speech in letter and spirit.
Baligh observed that increase in minimum wage rate and pension would be a big advantage for the vulnerable and poor class in the present situation of dearness and inflation.
He said the substantial allocation of Rs. 63 billion for Higher Education Commission (HEC) is evident of government commitment towards education sector and it would help bring improvements in this sector.
He said transfer of tax imposition from poor to rich in the people friendly budget would lead the country toward economic stability.
The budget has paid special focus on the schemes for the youth and allocated sufficient amount for PM’s Youth Business Loan Scheme, Interest-free scheme, Skill Development Programme and Youth Training Programmes.
He added these schemes would reduce unemployment among the youth and open new avenues for them to utilize their energies toward constructive work.
The minister said the fee reimbursement scheme launched to benefit 30,000 students would enable them to acquire quality higher education.
He added 50 per cent allocation for women in these schemes would make them self-reliant and enable them to play their role in national development.