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PSIC employment scheme loan distribution from 12th

PSIC employment scheme loan distribution from 12th Lahore March 10, 2021 LAHORE:Punjab Small Industries Corporation (PSIC) Managing Director Jamil Ahmed Jamil has said that distribution of loans under Punjab Employment Scheme will start from March 12 while 140,000 online applications have been received for obtaining loans under this scheme. In a briefing to the media about the Punjab Employment Scheme, he said that after processing 4713 applications, 296 applications have been accepted for disbursement of Rs200 million loans. Under the scheme, easy loan of Rs1 lakh to 5 lakhs is being given without any guarantee while loan of Rs1 million are being given on the guarantees of two employees of up to grade-9 and above one million loan is being given against the property mortgage. Further, markup on loans of worth up to one million rupee is four percent and above one million rupees is five percent.

Govt taking steps to support industrialists | The Express Tribune

Govt taking steps to support industrialists Minister says Rs30b Punjab Employment Scheme launched to boost trade APP December 26, 2020 Improvement in economy is expected to come from a steady performance of agriculture and recovery in services sector. PHO-TO: FILE The government under the leadership of Prime Minister Imran Khan has taken effective measures for industrial development, said Punjab Minister for Industry and Commerce Mian Aslam Iqbal. During a meeting with industrialists and traders at the Gujranwala Chamber of Commerce and Industry (GCCI), he said vocational training programmes had been launched as per requirements of the industry in the Technical Education and Vocational Training Authority (Tevta).

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