Business

Punjab launches ‘Karobar Card’ loan scheme to boost small businesses

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Web Desk

LAHORE: The Punjab Government has introduced the ‘Kbarobar Card’ loan scheme to support small businesses, offering loans between Rs100, 000 and Rs1 million to eligible businesses owners.

The announcement was made during a meeting chaired by Chief Minister Maryam Nawaz on Saturday.

In addition to the Karobar Card, the government also launched the ‘Chief Minister Aasan Karobar Financing Scheme’ for medium-sized businesses, providing loans of up to Rs30 million, repayable over five years.

These initiatives aim to foster economic growth, create jobs, and strengthen Punjab’s business and industrial sectors. Chief Minister Maryam Nawaz highlighted the importance of these schemes in promoting entrepreneurship and employment opportunities in the province.

This initiative is part of a broader series of projects introduced by the Punjab government, including the Punjab Free Solar Panel Scheme and the Honhaar Scholarship Scheme, designed to provide relief and support of the people of Punjab.

Web Desk

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