{"id":51965,"date":"2019-05-09T13:36:22","date_gmt":"2019-05-09T08:36:22","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=51965"},"modified":"2019-05-09T13:36:22","modified_gmt":"2019-05-09T08:36:22","slug":"financial-scheme-for-farmers-smes-planned","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/financial-scheme-for-farmers-smes-planned.html","title":{"rendered":"Financial scheme for farmers, SMEs planned"},"content":{"rendered":"<p>Islamabad: The federal government plans to introduce a financial scheme worth PKR 20 billion for farmers and small &amp; medium enterprises (SMEs) in the upcoming budget, a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/pkr-82-bn-agriculture-plan-introduced.html\">PKR 82 bn agriculture plan introduced<\/a><\/p>\n<p>The State Bank of Pakistan (SBP) and the Central Directorate of National Savings (CDNS) is expected to provide the funds for the credit-guarantee scheme.<\/p>\n<p>This project is part of the National Financial Inclusion Strategy (NFIS), which is sponsored by the World Bank (WB). It aims to create an ecosystem for facilitating access and usage of digital payments &amp; financial services by low-income households and SMEs. The scheme was earlier supposed to be included in the previous budget, but was delayed.<\/p>\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/draft-of-sme-policy-reviewed.html\">Draft of SME Policy reviewed<\/a><\/p>\n<p>Its beneficiaries will include farmers, SMEs, differently-abled persons, and the poor. Under this initiative, SBP would extend a credit facility on fixed 5pc mark up for five years, and the borrowers and beneficiaries would have a six years grace period to repay their loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The federal government plans to introduce a financial scheme worth PKR 20 billion for farmers and small &amp; medium enterprises (SMEs) in the upcoming budget, a news source reported. Read:\u00a0PKR 82 bn agriculture plan introduced The State Bank of Pakistan (SBP) and the Central Directorate of National Savings (CDNS) is expected to provide the funds for the credit-guarantee scheme. This project is part of the National Financial Inclusion Strategy (NFIS), which is sponsored by the World Bank (WB). It aims to create an ecosystem for facilitating access and usage of digital payments &amp; financial services by low-income households and SMEs. The scheme was earlier supposed to be included in the previous budget, but was delayed. Read: Draft of SME Policy reviewed Its beneficiaries will include farmers, SMEs, differently-abled persons, and the poor. Under this initiative, SBP would extend a credit facility on fixed 5pc mark up for five years, and the borrowers and beneficiaries would have a six years grace period to repay their loans.<\/p>\n","protected":false},"author":67,"featured_media":5727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[11580],"persona":[],"class_list":{"0":"post-51965","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-financial-scheme-for-farmers-smes-planned"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Financial scheme for farmers, SMEs planned - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The federal government plans to introduce a financial scheme worth PKR 20 billion for farmers and small &amp; medium enterprises (SMEs) in the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/financial-scheme-for-farmers-smes-planned.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial scheme for farmers, SMEs planned - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The federal government plans to introduce a financial scheme worth PKR 20 billion for farmers and small &amp; 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