{"id":447977,"date":"2024-12-08T09:14:34","date_gmt":"2024-12-08T04:14:34","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=447977"},"modified":"2024-12-08T09:14:34","modified_gmt":"2024-12-08T04:14:34","slug":"cm-orders-smes-development-in-punjab","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/cm-orders-smes-development-in-punjab\/","title":{"rendered":"CM orders SMEs development in Punjab"},"content":{"rendered":"<p> LAHORE<br \/>\nPunjab Chief Minister Maryam Nawaz Sharif has said that promoting trade and industry in the province will enhance employment opportunities.<br \/>\nChairing a meeting on small and medium enterprises (SMEs) development in Punjab, here on Saturday, the CM directed the authorities to take measures for the grant of interest-free small and medium loans to promote commercial activities in the province.<br \/>\nThe CM ordered introducing \u2018Business Card\u2019 and \u2018Chief Minister Easy business Financing\u2019 schemes for the purpose. Under the \u2018Business Card\u2019 scheme, medium business loans ranging from Rs 1 to 10 lakh will be given, whereas relatively bigger loans of up to Rs 03 Crore (30 Million) will be provided under \u201cChief Minister Easy Business Financing Scheme.<br \/>\nShe also sought a comprehensive plan for the award of small and medium loans under these schemes.<br \/>\nThe CM directed them to allocate separate zones for small and medium industries in big cities. She said loans will have to be repaid in 5 years under the \u201cChief Minister Easy Business Financing Scheme. A grace period of 3 months will also be given to the borrower after receiving the first loan instalment. She also reviewed a proposal to provide loans on preferential basis to selected commercial sectors.<br \/>\nCM Maryam Nawaz informed that Business Card will not be used for payment in 10 areas including restaurants, saying that IT startups in Nawaz Sharif IT City will be able to get preferential loans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LAHORE Punjab Chief Minister Maryam Nawaz Sharif has said that promoting trade and industry in the province will enhance employment opportunities. Chairing a meeting on small and medium enterprises (SMEs) development in Punjab, here on Saturday, the CM directed the authorities to take measures for the grant of interest-free small and medium loans to promote [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":434077,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-447977","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CM orders SMEs development in Punjab<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/cm-orders-smes-development-in-punjab\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CM orders SMEs development in Punjab\" \/>\n<meta property=\"og:description\" content=\"LAHORE Punjab Chief Minister Maryam Nawaz Sharif has said that promoting trade and industry in the province will enhance employment opportunities. Chairing a meeting on small and medium enterprises (SMEs) development in Punjab, here on Saturday, the CM directed the authorities to take measures for the grant of interest-free small and medium loans to promote [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/cm-orders-smes-development-in-punjab\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-08T04:14:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/leadpakistan.com.pk\/news\/wp-content\/uploads\/2024\/09\/Maryam-Nawaz-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"696\" \/>\n\t<meta property=\"og:image:height\" content=\"388\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" 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