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Punjab budget: Infrastructure push

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PUNJAB government’s Rs5.33 trillion budget for the fiscal year 2025-26 marks an ambitious step toward economic development and social welfare.

With a record-breaking Rs1.24 trillion allocation for the Annual Development Programme (ADP) — notably Rs240 billion more than the federal Public Sector Development Programme (PSDP) — this budget signals a clear intent to invest in growth through large-scale infrastructure projects and meaningful support for youth, farmers and small industries.

Such a focus on infrastructure is commendable.

Investments in this sector will not only create much-needed employment opportunities but will also uplift the overall quality of life for the people of Punjab.

Better roads, transportation systems and public amenities can have a multiplier effect across the economy.

However, it is crucial that this development does not remain concentrated in the urban centres alone.

Backward and historically neglected regions particularly South Punjab should be given due attention.

Equally notable are the substantial allocations for the social sector with Rs630.5 billion for health, Rs811.8 billion for education and Rs129.8 billion for agriculture.

These sectors form the backbone of any progressive society.

However, while increasing financial allocations is a necessary step, it is not sufficient on its own.

The quality of public education and healthcare remains a serious concern.

Many government schools suffer from inadequate facilities.

Similarly, the public healthcare system is still plagued by many problems.

We hope the provincial leadership, particularly CM Maryam Nawaz, prioritizes not just spending, but reforms that ensure tangible improvements in service delivery.

The proposed increase in the minimum wage from Rs37,000 to Rs40,000 per month is a welcome move.

This is a timely and necessary step to support low-income workers.

Ensuring implementation and compliance will be key to making this measure effective.

However, we find the mere five per cent increase in pensions disappointing — particularly when the federal government has already announced a seven per cent increase.

Pensions are the lifeline for retired employees, many of whom are struggling with the increasing cost of living.

If Punjab cannot offer more than the centre, it should at least match the federal increase.

 

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