Punjab CM approves to launch Punjab Rozgar Scheme

LAHORE (92 News) – Punjab Chief Minister (CM) Usman Buzdar on Tuesday has approved to launch Punjab Rozgar Scheme. The Punjab chief minister directed to start the scheme in the current month to reduce the unemployment issues within the province. Through Punjab Rozgar Scheme, the loans worth more than 30 billion rupees will be provided to people on easy terms and conditions for existing or new businesses. Loan of up to Rs10 million could be availed under the scheme. On the occasion, CM Buzdar said that businesspersons and entrepreneurs could acquire up to Rs10 million loan under the new scheme. He added that transgender persons could also avail the easy loans facility, whereas, the government finalised plan for low mark-up to women. He said that the provincial government is providing financial relief to the affected businesses amid COVID-19 crisis. He also announced that the provincial government will review plans for further reducing the mark-up. CM Buzdar said that the young generation will not only groom their skills but also be provided employment.