Punjab govt to start business loan scheme for youth: Spokesman

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SARGODHA: Spokesman Punjab government, Malik Muhammad Ahmad Khan has said that the provincial government is going to start a business loan scheme for youth and they can obtain loan up to three million rupees under this scheme. The spokesman of Punjab government stated this while talking to media in Sargodha on Monday. Malik Muhammad Ahmad Khan told that a male candidate would invest thirty percent of the total amount required for initiating business whereas the rest of the seventy percent would be provided by the Punjab government. He said that a female aspirant would invest twenty percent of the total amount whereas the rest of the eighty percent would be provided by the provincial government. The Spokesman told that they would be exempted from paying any installments till twelve months and the loanee youth would have to return borrowed amount in five years. INP