Punjab government seeks details of properties to achieve a 500 billion rupee revenue target, aiming to enhance income through asset utilization.
Lahore: (Right Now News) The Punjab government has requested details of government properties from 12 departments to achieve a 500 billion rupee revenue target for the next fiscal year. This initiative aims to enhance income by better utilizing government assets.
The Punjab government has instructed nine development authorities and related departments to provide details of vacant, unused, and underutilized properties. Based on this information, the commercialization process will be accelerated.
The Urban Development and Public Health Engineering Department has directed departments to provide records related to the sale, lease, and commercial use of properties. Each department has also been asked to prepare a comprehensive commercialization plan to increase revenue.
The directive includes identifying roads and areas with commercial potential to maximize income from government resources. Departments have been tasked with estimating the current market value and commercialization potential.
It is noteworthy that the government aims to meet the 500 billion rupee revenue target for the next fiscal year through effective use and commercial development of government assets. All relevant departments have been instructed to take immediate action.












