Islamabad: Ministry of Information and Broadcasting on Tuesday sought allocation of Rs 42 million funds to create Digital Media Wing to counter fake news and highlight development agenda of the government.
ECC approved the Creation of Digital Media Wing in the Ministry of Information and Broadcasting. The purpose of the Wing shall be to effectively counter the fake/libelous news and highlight the development agenda of the government. However, the ECC directed the MoI&B to move ahead for the creation of the wing by using its already available resources.
Information Ministry plans to create 27 posts to run this digital media wing that would cost Rs 42 million. ECC in its meeting held here was informed that Pakistan with a large user base of 45 million social media users has huge potential to spread the news around the world. It was informed that federal government had approved an amendment in the rules of business 1973 and enlisted the promotion and projection of the policies of the government through digital media as a subject of Ministry of Information.
Adviser to the Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh chaired the meeting of Economic Coordination Committee (ECC) of the Cabinet here at the Cabinet Division.
ECC was further informed that 27 employees related expenses amounted to Rs 18 million for the remining six months of the current financial year.It was further informed that Rs 24 million funds were required to meet day to day activities.
ECC considered and approved the grant of amount Rs 153.25million from the budget of the Ministry of Finance, as technical supplementary grant for the Ministry of Interior, to be given through the Office of the Deputy Commissioner of Islamabad, for compensation to the victims of suicidal attack at District courts F-8 Islamabad on 03-3-2014. Finance Division supported the proposal in compliance with the orders of the Supreme Court of Pakistan.
In order to register Postal Life Insurance as Public Limited Company, ECC approved an amount of Rs 700 million as initial paid up capital. The amount shall be allocated by the Finance Division and transferred to the proposed Postal Life Insurance Company. After the approval Postal Life Insurance shall fall under the regulatory frame work of the Securities and Exchange Commission of Pakistan.
ECC also approved the amendment in SRO 192(1)/ 2019 dated 11-02-2019 extending exemption from regulatory duty to export oriented units. ECC gave approval to the transfer of funds amounting to Rs 31.5 million in equivalent foreign exchange from the Ministry of Interior to the Ministry of Defence as Technical Supplementary Grant for the logistic support for the maintenance of Cessna aircrafts.
ECC was attended by Federal Ministers for National Food Security and Research, Railways, Energy, Privatization and other senior officials of the different Ministries.