Punjab Employment Scheme approved

The Punjab government has approved launching of Punjab Employment Scheme worth more than 30 billion rupees to provide soft loans on easy terms to the needy and deserving people in the province.

Presiding over a meeting in Lahore on Tuesday, Chief Minister Sardar Usman Buzdar said the scheme is aimed at developing small and medium enterprises and restoration of corona-affected businesses in the province.

Under the scheme, soft loan up to 10 million rupees would be provided for existing business or launch of the new venture.

Transgender community is also eligible to apply for the scheme.

The Chief Minister ordered for further reducing the mark-up rate along with the processing of applications in the minimum possible time period.

 

Source: Radio Pakistan