ISLAMABAD-Prime Minister Yousaf Raza Gilani was in chair when the National Economic Council (NEC), Pakistans apex body on economy, approved here on Thursday Rs 695 billion Annual Development Plan (ADP) 2009-2010. According to the ADP break-up, Public Sector Development Program (both federal and provincial) would get Rs 621 billion, Rs 70 billion would go to Benazir Income Support Program, and allocation for Benazir Green Tractor Scheme amounts to Rs 4 billion. Federal share of the PSDP would amount to Rs 421 billion while provinces would be getting Rs 200 billion. According to Information Minister Qamar Zaman Kaira, the development allocations could be furthered in case Pakistan gets more funds from foreign sources especially the US. Allocations for PSDP could be increased on receipt of US assistance under Kerry Loger Bill, he told a joint press beefing. Diamer-Bhasha Dam that remained under the spotlight during the meeting got allocation of Rs 23 billion, according to documents available with The Nation. The NEC required construction of the countrys third mega dam to start this year at any cost, Minister for Information Qamar Zaman Qaira and Deputy Chairman Planning Commission Asif Ahmed Ali told media persons in a joint briefing on the Councils annual meet. The dams completion target would be achieved in two phases. The government would go for public private partnership for the second phase. The government would acquire sum of $6 million foreign loans for construction of the project infrastructure. According to sources privy to the NEC meeting, chief ministers of the smaller provinces especially Balochistan and NWFP raised hue and cry over the absence of latest National Finance Commission award for distribution of national resources amongst the centre and the provinces. Chief Minister Balochistan Aslam Raisani updated the NEC about the problems his province was faced with. With the support of other provinces, the Prime Minister decided to provide development budget of Rs 50 billion to Balochistan for the next financial year starting July 1, 2009. Another Rs 9 billion would be provided for Quetta development project, the Information Minister said. A sum of Rs 21 billion, not released in the development budget of the previous year, would also be made available for Balochistan during next fiscal year. According to Deputy Chairman Planning Commission, NEC has also approved initial draft of Pakistans 10th Five Years Plan, which would be presented in the Parliament along the annual budget. Planning Commission had sought proposals from the provinces in this respect, he informed. He said that the basic theme of next 5-year plan is investment on people. He said that 49 per cent of PSDP would be spent on development of infrastructure, 46 per cent on social sector and 5 per cent on production in the next financial year. Due to better government policies agriculture sector development would reach the mark of over 4 per cent, he informed. Warehouses and trading floors would be built for the development of agriculture sector where the farmers would be able to sell out products directly. This would usher in revolution in the agriculture sector, he hoped. Friends of Pakistan would also provide assistance of $1.5 billion in the next financial year, that would probably increase the volume of development budget, he said. According to Asef Ahmad Ali, a rapid development fund would be set up in the Planning Commission in the next year and 50 per cent representation would be given to the private sector in the management board. According to Deputy Chairman Planning Commission, Punjab had agreed on changing the modus operandi for determination of NFC award from existing basis of population, alone. This would be a tremendous sacrifice on the part of the largest province of the country, he opined.