{"id":83250,"date":"2022-01-21T16:50:33","date_gmt":"2022-01-21T11:50:33","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=83250"},"modified":"2022-01-21T20:33:04","modified_gmt":"2022-01-21T15:33:04","slug":"pm-sme-policy-2021-employment","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/pm-sme-policy-2021-employment.html","title":{"rendered":"PM launches SME Policy-2021 to promote employment, exports"},"content":{"rendered":"\n<p>Islamabad: Prime Minister (PM) Imran Khan on Wednesday (January 19) officially launched Pakistan\u2019s Small and Medium Enterprises (SME) Policy 2021 aimed at increasing employment and exports, news sources reported. The policy was approved by the federal government in December-2021 for implementation.\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/financing-facilities-offered-to-uplift-kps-sme-sector.html\" target=\"_blank\" rel=\"noreferrer noopener\">Financing facilities offered to uplift KP\u2019s SME sector<\/a><\/p>\n\n\n\n<p>According to the policy, the necessity for a lengthy No Objection Certificate (NOC) has been eliminated in order to promote compliance and shorten the time required for industrial development. Moreover, &#8216;<a href=\"https:\/\/www.zameen.com\/news\/govt-policy-smes-collateral-free-loan.html\" data-type=\"post\" data-id=\"82343\" target=\"_blank\" rel=\"noreferrer noopener\">Aasan Finance Scheme<\/a>&#8216; will provide collateral-free loans of PKR 10 million to businesses. The policy will pursue an annual SME growth of 5%\u00a0 from 2.43% during the last three years in addition to increasing the SME sector\u2019s exports by 10% per annum by 2025. The strategy, according to the premier, would provide loans to entrepreneurs and small industrial units to boost industrial growth. Furthermore, facilities would also be provided to industries and small units to decrease time and delays caused by bureaucratic red tap-ism.\u00a0<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/govt-policy-develop-smes.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt working on policy, other measures to develop SMEs<\/a><\/p>\n\n\n\n<p>Likewise, preference will be given to enterprises that generate employment and contribute to wealth growth under the programme. Similarly, a tax exemption of up to 57-83% will be given to small enterprises. This will help them increase their operations and contribute more to the economy.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Prime Minister (PM) Imran Khan on Wednesday (January 19) officially launched Pakistan\u2019s Small and Medium Enterprises (SME) Policy 2021 aimed at increasing employment and exports, news sources reported. The policy was approved by the federal government in December-2021 for implementation.\u00a0\u00a0\u00a0 Read: Financing facilities offered to uplift KP\u2019s SME sector According to the policy, the necessity for a lengthy No Objection Certificate (NOC) has been eliminated in order to promote compliance and shorten the time required for industrial development. Moreover, &#8216;Aasan Finance Scheme&#8216; will provide collateral-free loans of PKR 10 million to businesses. The policy will pursue an annual SME growth of 5%\u00a0 from 2.43% during the last three years in addition to increasing the SME sector\u2019s exports by 10% per annum by 2025. The strategy, according to the premier, would provide loans to entrepreneurs and small industrial units to boost industrial growth. Furthermore, facilities would also be provided to industries and small units to decrease time and delays caused by bureaucratic red tap-ism.\u00a0 Read: Govt working on policy, other measures to develop SMEs Likewise, preference will be given to enterprises that generate employment and contribute to wealth growth under the programme. Similarly, a tax exemption of up to 57-83%&hellip;<\/p>\n","protected":false},"author":84,"featured_media":75850,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[20385],"tags":[50684,50680,50682,50683,50681],"persona":[],"class_list":{"0":"post-83250","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-development-projects","8":"tag-asan-loan","9":"tag-pm-launch-sme-policy-2021-to-promote-employment","10":"tag-sme","11":"tag-sme-policy","12":"tag-sme-poliy-2021","13":"cat-20385-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PM launch SME Policy-2021 to promote employment- Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: Prime Minister (PM) Imran Khan on Wednesday (January 19) officially launched Pakistan\u2019s Small and Medium Enterprises (SME) Policy 2021 aimed at\" \/>\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\/pm-sme-policy-2021-employment.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PM launch SME Policy-2021 to promote employment- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: Prime Minister (PM) Imran Khan on Wednesday (January 19) officially launched Pakistan\u2019s Small and Medium Enterprises (SME) Policy 2021 aimed at\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/pm-sme-policy-2021-employment.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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