Introduction To Punjab Rozgar Scheme
Punjab Rozgar Scheme is inaugurated on 1st October 2020 by Chief Minister of Punjab Sardar Usman Buzdar. The purpose of this Scheme is to provide easy Loans and employment opportunities to the young generation of Punjab in order to reduce the poverty and unemployment.
It is said by Government officials that this scheme is the biggest Rozgar scheme in the history of Punjab.
How much loans will be provided Under Punjab Rozgar Scheme–The Biggest In The History Of Punjab
According to this scheme, more than 30 Billion rupees worth will be given as easy loans to applicants. The applicant can apply for the loan from PKR 100,000/- up to 10000,000/-
Punjab Rozgar Scheme is launched with collaboration of Punjab Small Industries Corporation(PSIC) and Bank Of Punjab(BOP).
- Male, Female, and Transgender, and the differently-abled persons having Age 20-50 years can apply for this Scheme.
- Loan tenure is 2-5 year
- Loan amount is minimum 100,000/- PKR to maximum 10000,000/-
- Low mark-up rate
The Portal of the Punjab Rozgar Scheme is launched and interested individuals can apply through this portal
Click on Image to Apply online for Punjab Rozgar Scheme.
Purpose of Punjab Rozgar Scheme
Purpose of launching this scheme is to help people in different ways.Following List will elaborate that how this scheme will help
- Help in Existing Business
- Start-up a new business
- Entrepreneur working for Resource-efficient & environment-friendly interventions.
- Help running business effected by COVID-19 on priority basis.
- Creating 1.6 Billion job opportunities to unemployed people.
Chief Minister of Punjab Usman Buzdar also announced that the provincial government will review plans for further reducing mark-up rate. Chief Minister Buzdar said that the young generation will not only groom their skills but also be provided employment.
Reducing poverty in Punjab province is the main initiative of the Pakistan Government and apart from other schemes, this Scheme is also a milestone step in order to reduce unemployment and encouraging people to start a small business.