{"id":59604,"date":"2020-01-09T16:05:09","date_gmt":"2020-01-09T11:05:09","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=59604"},"modified":"2020-01-09T16:05:09","modified_gmt":"2020-01-09T11:05:09","slug":"loan-scheme-approved-smes-development-punjab","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/loan-scheme-approved-smes-development-punjab.html","title":{"rendered":"Loan scheme approved for SMEs development in Punjab"},"content":{"rendered":"<p>Lahore: Punjab Chief Minister (CM) Sardar Usman Buzdar on Wednesday approved the launch of a new loan scheme for the development of Small and Medium Enterprises (SMEs) in the province, a news source reported.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/punjab-govt-to-cover-3-of-mark-up-on-loans.html\" target=\"_blank\" rel=\"noopener noreferrer\">Punjab govt to cover 3% of mark-up on loans<\/a><\/p>\n<p>This decision was made during a meeting featuring members of the provincial government, that was chaired by the CM. The project is set to be launched by the Punjab Small Industries Corporation (PSIC), who will have the support of the Punjab Bank to initiate the loan scheme.<\/p>\n<p>Under this project, individuals will have the facility to loan up to PKR 5 million for existing or new businesses. The loan scheme welcomes men, women, and transgenders to apply within the manufacturing, trading, and services categories.<\/p>\n<p>CM Buzdar also approved a <a href=\"https:\/\/www.zameen.com\/news\/punjab-govt-issue-soft-loans-promote-cottage-industry.html\" target=\"_blank\" rel=\"noopener noreferrer\">loan scheme for the cottage industry<\/a> during the meeting. This project will allow people to receive soft loans from PKR 100,000 to PKR 300,000. He directed the officials concerned to finalise all the requirements as soon as possible in order to launch the loan schemes without delay.<\/p>\n<p><strong>Read<\/strong>:\u00a0<a href=\"https:\/\/www.zameen.com\/news\/punjab-sme-sector-get-pkr-9-5bn.html\" target=\"_blank\" rel=\"noopener noreferrer\">Punjab SME sector to get PKR 9.5bn<\/a><\/p>\n<p>Additionally, the meeting discussed the proposal to call the SME loan scheme \u2018Punjab Rozgar\u2019. The PSIC Managing Director (MD) also took the opportunity to brief the attendees about salient features of the project and update them on its progress.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Punjab Chief Minister (CM) Sardar Usman Buzdar on Wednesday approved the launch of a new loan scheme for the development of Small and Medium Enterprises (SMEs) in the province, a news source reported. Read:\u00a0Punjab govt to cover 3% of mark-up on loans This decision was made during a meeting featuring members of the provincial government, that was chaired by the CM. The project is set to be launched by the Punjab Small Industries Corporation (PSIC), who will have the support of the Punjab Bank to initiate the loan scheme. Under this project, individuals will have the facility to loan up to PKR 5 million for existing or new businesses. The loan scheme welcomes men, women, and transgenders to apply within the manufacturing, trading, and services categories. CM Buzdar also approved a loan scheme for the cottage industry during the meeting. This project will allow people to receive soft loans from PKR 100,000 to PKR 300,000. He directed the officials concerned to finalise all the requirements as soon as possible in order to launch the loan schemes without delay. Read:\u00a0Punjab SME sector to get PKR 9.5bn Additionally, the meeting discussed the proposal to call the SME loan scheme \u2018Punjab Rozgar\u2019.&hellip;<\/p>\n","protected":false},"author":68,"featured_media":53928,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[14899],"persona":[],"class_list":{"0":"post-59604","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-details-on-loan-scheme-approved-for-smes-development-in-punjab"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Loan scheme approved for SMEs development in Punjab - Zameen News<\/title>\n<meta name=\"description\" content=\"Lahore: Punjab Chief Minister (CM) Sardar Usman Buzdar on Wednesday approved the launch of a new loan scheme for the development of Small and Medium\" \/>\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\/loan-scheme-approved-smes-development-punjab.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Loan scheme approved for SMEs development in Punjab - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Lahore: Punjab Chief Minister (CM) Sardar Usman Buzdar on Wednesday approved the launch of a new loan scheme for the development of Small and Medium\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/loan-scheme-approved-smes-development-punjab.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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