Stern action to be taken against those create hurdles in way of exports: PM

Islamabad: Prime Minister (PM) Imran Khan has said that stern action will be taken against all those elements that can create hurdles in the way of exports and agriculture industry.

Addressing the launching ceremony of National SME Policy 2021 on Wednesday, the prime minister reiterated his government's resolve to support Small and Medium Enterprises (SMEs) for a robust economic growth through exports.

He also said that the PTI government is taking every possible step to facilitate the youth in establishing businesses including startups.

Underlining the importance of SMEs in country's development, he urged the private sector to facilitate government's initiative of providing more facilities to new businesses.

PM Khan said stern action will be taken against all those elements that can create hurdles in the way of exports and agriculture industry. He said all impediments are being removed to facilitate the registration process of SMEs.

Imran Khan said despite COVID-19 challenges, our government received record remittances, tax collection and export revenue.

Earlier, Minister for Industries and Production Khusro Bakhtiar said to facilitate new businesses we have fixed around nineteen thousand plots for lease on easy instalments.

He said an amount of thirty billion rupees will be fixed for revamping SMEDA to facilitate SME sector.