The decision to lend up to Rs 5 million for new and old businesses is good news
The Punjab government has decided to provide cheap and easy loans to restore the economic condition of the province due to Corona for which the industry department has sent a summary to Chief Minister Usman Bazdar for approval To revive the economic condition of the province under the cheap and easy loan scheme small loans ranging from Rs.
Till now such a scheme was not started by the Punjab government by the present government but now the government is allocating Rs. 20 billion for which the Punjab government has given Rs. 9.5 billion while the remaining Rs. Will be provided by Bank of Punjab so that this scheme can be started. Strategy has been decided by the Industry Department in this regard
Industry Minister Aslam Iqbal said that the scheme is being launched after Eid and a lot of work has been done for it. The Punjab government is working to revive the industry in the province. Small industries will enable people to create their own jobs and these small industries will later turn into big industries and this will not only bring prosperity to the country but also bring revenue to the government
