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Sindh cabinet approves Rs2bn economic package for the poor
Karachi
April 2, 2021
As part of its pro-poor economic revival package, the Sindh government has decided to launch the Chief Minister Self-Employment Scheme to offer interest-free small loans to deserving people.
This decision was taken during the cabinet meeting held under the chairmanship of Sindh Chief Minister Syed Murad Ali Shah at the CM House on Thursday. The chief executive said that the Covid-19 situation has rendered a large number of people unemployed or under-employed.
âNow is the time to introduce a pro-poor economic package, under which interest-free small loans may be offered to people to start their small businesses or strengthen their current business activities,â he said, adding that he can spare Rs2 billion in the current financial year to begin with.
Sindh’s self-employment scheme offers small loans to entrepreneurs
Cabinet approved it on Thursday SAMAA | Web desk - Posted: Apr 2, 2021 | Last Updated: 1 hour ago SAMAA | Web desk Posted: Apr 2, 2021 | Last Updated: 1 hour ago
Photo: File
The Sindh government has decided to launch the self-employment scheme under which interest-free loans will be provided to people looking to start their own small businesses.
It was approved during a cabinet meeting held at CM House on Thursday. The meeting was attended by all the provincial ministers, advisers, and Chief Secretary Mumtaz Shah.
COVID-19 situation has led to the unemployment of many people. âThis is the time to introduce a pro-poor economic package under which interest-free small loans may be offered to the people to start their small business or strengthen their ongoing business activities,â CM Murad Ali Shah said, adding that he could spare Rs2 billion during the current financial year to star