{"id":57652,"date":"2019-11-15T17:08:37","date_gmt":"2019-11-15T12:08:37","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=57652"},"modified":"2019-11-15T17:08:37","modified_gmt":"2019-11-15T12:08:37","slug":"punjab-govt-issue-soft-loans-promote-cottage-industry","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-govt-issue-soft-loans-promote-cottage-industry.html","title":{"rendered":"Punjab govt to issue soft loans to promote cottage industry"},"content":{"rendered":"<p>Lahore: The Punjab government has announced its commitment to initiate a soft loan programme across the province \u2014 in order to ensure the growth of cottage industries, according to news sources.<\/p>\n<p>This decision was announced after the Chief Minister (CM) Punjab Sardar Usman Buzdar held a meeting in his office and received a briefing about the loan programme. The CM shared his hope that this scheme will facilitate the <a href=\"https:\/\/www.zameen.com\/news\/punjab-offer-special-incentives-industrialists-cm-buzdar.html\" target=\"_blank\" rel=\"noopener noreferrer\">growth of the industrial sector<\/a>; particularly those sectors that are struggling to find the proper resources.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/punjab-cm-approves-five-road-projects-lahore.html\" target=\"_blank\" rel=\"noopener noreferrer\">Punjab CM approves five road, traffic projects for Lahore<\/a><\/p>\n<p>The meeting was informed that PKR 300 million has been allocated for the provision of soft loans to the cottage industry. Under this initiative, a loan of PKR 300,000 will be sanctioned, with a 3-year return period, and soft loan conditions. Moreover, a loan scheme worth PKR 6 billion will also be launched to facilitate small and medium-sized enterprises (SMEs).<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/adb-help-increase-agricultural-productivity-punjab.html\" target=\"_blank\" rel=\"noopener noreferrer\">ADB to help increase agricultural productivity in Punjab<\/a><\/p>\n<p>In addition, CM Buzdar promised that this loan\u2019s disbursement will be made in a transparent and speedy manner. He further directed the relevant authorities to submit its reports on the matter within the given timelines.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Punjab government has announced its commitment to initiate a soft loan programme across the province \u2014 in order to ensure the growth of cottage industries, according to news sources. This decision was announced after the Chief Minister (CM) Punjab Sardar Usman Buzdar held a meeting in his office and received a briefing about the loan programme. The CM shared his hope that this scheme will facilitate the growth of the industrial sector; particularly those sectors that are struggling to find the proper resources. Read:\u00a0Punjab CM approves five road, traffic projects for Lahore The meeting was informed that PKR 300 million has been allocated for the provision of soft loans to the cottage industry. Under this initiative, a loan of PKR 300,000 will be sanctioned, with a 3-year return period, and soft loan conditions. Moreover, a loan scheme worth PKR 6 billion will also be launched to facilitate small and medium-sized enterprises (SMEs). Read:\u00a0ADB to help increase agricultural productivity in Punjab In addition, CM Buzdar promised that this loan\u2019s disbursement will be made in a transparent and speedy manner. He further directed the relevant authorities to submit its reports on the matter within the given timelines.<\/p>\n","protected":false},"author":75,"featured_media":34574,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[13988],"persona":[],"class_list":{"0":"post-57652","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-punjab-govt-to-issue-soft-loans-to-promote-cottage-industry"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Punjab govt to issue soft loans to promote cottage industry - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: The Punjab government has announced its commitment to initiate a soft loan programme across the province \u2014 in order to ensure the growth of\" \/>\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\/punjab-govt-issue-soft-loans-promote-cottage-industry.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Punjab govt to issue soft loans to promote cottage industry - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: The Punjab government has announced its commitment to initiate a soft loan programme across the province \u2014 in order to ensure the growth of\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/punjab-govt-issue-soft-loans-promote-cottage-industry.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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