ISLAMABAD: The government has increased the allocation in the head of subsidy by 226.31 percent for various sectors for the next budgetary year, to Rs682 billion from Rs209 billion allocated for the.
Rs 600,000 interest-free loan for every household
June 12, 2021
Every household will be provided Rs 600,000 interest free business loan, besides the facility of Sehat Card and free technical training for one member
of every household, Minister for Finance and Revenue Shaukat Tarin said while presenting the Federal Budget 2021-22. In his budget speech, the minister said each farming household will also be given Rs 2.5 lakh interest free loan and Rs 2 lakh interest free loans for purchasing tractor and machineries.
Low interest bearing housing loan up to Rs 2 million will be provided to the deserving people to enable them to construct their own houses. Prime Minister Imran Khan wanted to change the course of history and interested to ensure trickledown effect for, 4-6 million low income households, from the next year, he added.
The govt increased the amount of subsidies by 58% to Rs682b in the federal budget for next fiscal year 2021-22, with a major chunk for the power sector.
ISLAMABAD: The government has increased the allocation in the head of subsidy by 226.31 percent for various sectors for the next budgetary year, to Rs682 billion from Rs209 billion allocated for the.