Times of Islamabad

Punjab government launches Rs 30 billion employment scheme loans

Punjab government launches Rs 30 billion employment scheme loans

Chief Minister Punjab Usman Bazdar has approved the launch of the PunjabEmployment Scheme, under which loans of more than Rs 30 billion will beprovided in easy installments.

As per details, a meeting was held in Lahore under the chairmanship of CMPunjab Usman Bazdar in which the Managing Director Punjab Small IndustriesCorporation gave a briefing on the important features of the PunjabEmployment Scheme.

Usman Bazdar in the meeting approved the launch of the Punjab EmploymentScheme and directed to launch it this month.

The Punjab Chief Minister said that this scheme would be a great help forthe development of small and medium enterprises and the revival ofbusinesses affected by the coronavirus pandemic. Under the scheme, a loanof up to Rs 10 million can be taken. Men, women, and transgender will beable to avail of the loan scheme.

Buzdar said that the availability of loans on easy terms will develop theindustry of the province.