Biggest business finance scheme launched in Punjab

Lahore: The largest business finance scheme in Punjab has been launched and more than Rs84 billion have been allocated under the Punjab Chief Minister's Easy Business Scheme, while more than Rs48 billion have been allocated for the Punjab Chief Minister's Easy Business Card Scheme.

Interest-free loans of more than Rs36 billion will be provided under the Easy Business Finance Scheme and interest-free loans of Rs1-30 million will be given in the scheme.

Under the Easy Business Finance Scheme, the loan will be repaid in easy installments of five years. Men and women between the ages of 25 and 55, transgenders, and special individuals can apply for the loan in this scheme.

It is necessary to be an active filer to take a loan. You can apply for the scheme online from home on the web portal.

Interest-free loans of up to Rs1 million will be provided for startups and small businesses, under the Easy Business Card, and the loan can be repaid in easy installments over three years.

Male and female residents of Punjab, transgender, and special individuals can apply for an easy business card. The card will allow payment to the vendor on the purchase of raw materials. It will be possible to pay government fees, taxes, and utility bills through the card. Up to 25 percent cash can also be withdrawn through the card.

Punjab Chief Minister Maryam Nawaz says that they want to guide the youth towards self-employment. Providing employment opportunities after education is also the responsibility of the government. Every youth of Punjab will play a full role in improving the economy. Through this program, it will be possible to improve the economy and increase exports.