Punjab Rozgar Scheme 2020 to be launched today. Here's all that you need to know

The Provincial Government is launching this employment program in collaboration with the Punjab Small Industries Corporation (PISC) and Bank of Punjab (BOP).

6

Today, The Chief Minister of Punjab, Usman Buzdar, will inaugurate the Punjab Rozgar Scheme. On the 8th of September, CM Usman Buzdar had announced:

The employment program will be launched soon. Once initiated, the scheme will provide soft loans worth Rs. 30 billion for new and running businesses. The provincial government will provide financial relief to the affected companies amid the Covid-19 crisis through this platform.

The scheme is regarded as the most extensive employment programs in Pakistan.

The Provincial Government is launching this employment program in collaboration with the Punjab Small Industries Corporation (PISC) and The Bank of Punjab (BOP).

Loans worth more than Rs. 30 billion will be provided under this scheme to fund new and running businesses and to help small and medium enterprises recover from the Coronavirus crisis.

Transgender persons can also avail of the easy loans facility. Along with that, loans will also be provided to women on a low markup plan.

Regarding this, the Chief Minister had earlier announced:

The provincial government will review plans for further reducing the markup. Moreover, the young generation will groom their skills and be employed through this program.

Reports state that slowly the program will expand to other districts and create employment for the affected people all over Pakistan.

It should be noted that earlier this month, the Chief Minister allocated Rs. 200 million for the ‘Nai Zindagi’ initiative too. Under the Ehsaas program, the initiative aims to rehabilitate acid attack victims’ medical and psychological conditions.

CM Usman Buzdar said:

Pakistan Tehreek-e-Insaf (PTI) government is efficiently working to improve the health and education sector. Under the Nai Zindagi program, the victims of acid attacks will be provided medical facilities and interest-free loans.

What are your thoughts on this? Please share with us in the comment section below.


  • Featured Content⭐


    Most viewed in last 24 hours


    24 گھنٹوں کے دوران 🔥


    >