Lahore: Industry and Commerce Secretary Dr Ahmad Javed Qazi chaired a review meeting for Punjab Rozgar Scheme and shared the details of the loans provided to the businesses, according to a news story published in the leading newspaper on June 29.
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The secretary revealed that loans on easy terms are being provided to help start businesses under the Rozgar scheme. So far, over PKR 1 billion loans have been provided to businesses and hundreds of people have benefitted from this scheme.
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As per the details, under the scheme organised by Punjab Small Industries Corporation, a loan ranging from PRK 100,000 to PKR 10 million is being offered. The eco-friendly businesses can avail Punjab Green Development Loan. He revealed that loans to such companies are being provided on a priority. The secretary went on to say that this initiative has provided employment opportunities. He directed the relevant authorities to speed up the process of providing easy loans.