Punjab Chief Minister Maryam Nawaz has launched the ‘Asaan Karobar’ Programme, an initiative aimed at providing interest-free loans to entrepreneurs across the province. The programme is designed to support small and medium-sized businesses, helping them grow and contribute to economic development.
Interest-Free Loans for Business Growth
During the launch ceremony, Maryam Nawaz distributed ‘Asaan Karobar Finance’ cheques and business cards to selected entrepreneurs. The programme offers substantial financial assistance to individuals in various industries, including pharmaceuticals, software development, sports exports, and more.
Notable Beneficiaries of ‘Asaan Karobar’ Programme
Several entrepreneurs have already received financial support under this initiative:
- Faisalabad’s Asif received Rs30 million for a pharmaceutical business.
- Rawalpindi’s Wajahat Fareed secured Rs30 million for a software house.
- Lahore’s Arshad was granted Rs30 million for a sports export business.
- Sahiwal’s Ali Asif received Rs5 million for a furniture business.
- Afzal was awarded Rs3.175 million for a transport business.
- Lahore’s Shabbir obtained Rs5 million for a hair salon and cosmetics venture.
- Faizan Mumtaz secured an Asaan Business Card worth Rs5.75 million for a garments business.
- Abu Bakar Saleh received Rs1 million for paper manufacturing.
- Chaudhry Zulfiqar Ali was given Rs1 million for a bakery business.
Government’s Commitment to Economic Stability
Addressing the ceremony, Maryam Nawaz emphasized that her government is committed to stabilizing the economy and supporting businesses. She highlighted that previous administrations led to inflation rising to 38%, which her government has successfully brought under control.
She also criticized the opposition, stating that their politics have deteriorated into physical altercations, while her focus remains on governance and economic uplift.
How ‘Asaan Karobar’ Programme Benefits Entrepreneurs
The ‘Asaan Karobar’ Programme provides much-needed financial relief to budding and existing entrepreneurs, allowing them to expand their businesses without the burden of interest-based loans. By facilitating access to capital, the initiative aims to boost employment, enhance business growth, and strengthen Punjab’s economy.
The ‘Asaan Karobar’ Programme is a significant step towards economic empowerment in Punjab. With interest-free financing, the initiative ensures that entrepreneurs can focus on growth and innovation. This programme is expected to transform the business landscape in the province, making Punjab a hub for small and medium enterprises.
For more updates on business opportunities in Punjab, stay tuned!
