{"id":71107,"date":"2020-10-03T10:00:00","date_gmt":"2020-10-03T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=71107"},"modified":"2020-10-02T17:07:06","modified_gmt":"2020-10-02T12:07:06","slug":"punjab-rozgar-scheme-launched-details-shared-on-how-to-apply-for-loans","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-rozgar-scheme-launched-details-shared-on-how-to-apply-for-loans.html","title":{"rendered":"Punjab Rozgar Scheme launched; details shared on how to apply for loans"},"content":{"rendered":"\n<p>Lahore: Punjab Chief Minister Usman Buzdar on Thursday inaugurated the Punjab Rozgar Scheme, under which accessible loans of worth PKR 30 billion will be offered to micro, small and medium-scale businesses and young entrepreneurs, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/economic-zones-punjab-expected-generate-2-million-jobs.html\" target=\"_blank\" rel=\"noreferrer noopener\">Economic zones in Punjab expected to generate 2 million jobs<\/a><\/p>\n\n\n\n<p>These loans will help existing businesses and new startups to mitigate the adverse impact of the COVID-19 pandemic.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>How to apply for the Punjab Rozgar Scheme?<\/strong><\/h4>\n\n\n\n<p>To apply for the Punjab Rozgar Scheme, interested applicants can sign up with their computerised national identity card (CNICs) on https:\/\/rozgar.psic.punjab.gov.pk\/. A non-refundable fee of PKR 2,000 also has to be submitted with each application.<\/p>\n\n\n\n<p>Only residents of Punjab are eligible for the program, with applicants including men, women, transgender and differently-abled people between the ages of 20 and 50 with a clean credit history. Reportedly, the said loans will be offered under the following categories:<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/punjab-doubles-financial-assistance-amount-deserving-minorities.html\" target=\"_blank\" rel=\"noreferrer noopener\">Punjab doubles financial assistance amount for deserving minorities<\/a><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Businesses operational in Punjab, working as a sole proprietorship or partnership<\/li><li>Diploma or Certificate holders from <a href=\"https:\/\/www.zameen.com\/news\/cms-hunarmand-naujawan-programme-launch-tomorrow-lahore.html\" target=\"_blank\" rel=\"noreferrer noopener\">Technical and Vocational Education <\/a>and Training (TVET)<\/li><li>University\/college Graduates with entrepreneurial skills<\/li><li>Artisans and skilled personnel<\/li><li>Existing businesses (especially those affected by COVID-19)<\/li><li>Startups with feasible business plans<\/li><li>Micro and other entrepreneurs\/enterprises with resource-efficient and environmentally-friendly interventions or production technologies<\/li><\/ul>\n\n\n\n<p>Additionally, the Punjab Rozgar Scheme is expected to primarily focus on trade, manufacturing, agriculture, service-based initiatives and livestock sectors. The easy loans given under this scheme will range between PKR 100,000 to PKR 10,000,000, for a duration of 2 to 5 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: Punjab Chief Minister Usman Buzdar on Thursday inaugurated the Punjab Rozgar Scheme, under which accessible loans of worth PKR 30 billion will be offered to micro, small and medium-scale businesses and young entrepreneurs, according to news sources. Read: Economic zones in Punjab expected to generate 2 million jobs These loans will help existing businesses and new startups to mitigate the adverse impact of the COVID-19 pandemic. How to apply for the Punjab Rozgar Scheme? To apply for the Punjab Rozgar Scheme, interested applicants can sign up with their computerised national identity card (CNICs) on https:\/\/rozgar.psic.punjab.gov.pk\/. A non-refundable fee of PKR 2,000 also has to be submitted with each application. Only residents of Punjab are eligible for the program, with applicants including men, women, transgender and differently-abled people between the ages of 20 and 50 with a clean credit history. Reportedly, the said loans will be offered under the following categories: Read: Punjab doubles financial assistance amount for deserving minorities Businesses operational in Punjab, working as a sole proprietorship or partnership Diploma or Certificate holders from Technical and Vocational Education and Training (TVET) University\/college Graduates with entrepreneurial skills Artisans and skilled personnel Existing businesses (especially those affected by COVID-19) Startups&hellip;<\/p>\n","protected":false},"author":75,"featured_media":60804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016,15017,15020],"tags":[40705,40706],"persona":[],"class_list":{"0":"post-71107","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"category-notices-announcements","9":"category-social-developments","10":"tag-punjab-rozgar-scheme-launched-details-shared-on-how-to-apply-for-loans","11":"tag-punjab-rozgar-scheme-loans","12":"cat-15016-id","13":"cat-15017-id","14":"cat-15020-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Punjab Rozgar Scheme launched; 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