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Interest-free schemes to be launched in merged districts

National April 2, 2021 PESHAWAR: The government of Khyber Pakhtunkhwa on Thursday signed an agreement with Akhuwat Foundation to launch interest-free microfinance scheme (IFMS) through which small scale loans up to Rs75,000 would be provided to entrepreneurs in the merged districts. The interest-free loan scheme would consist of revolving fund of Rs1 billion, said a handout, adding, under the said scheme, 25percent quota had been allocated for females, 5pc for special persons and 2pc for transgender persons. A ceremony to this effect was held here at the Chief Minister’s House with Chief Minister Mahmood Khan as chief guest. Special Assistant to chief minister on Industries Abdul Kareem Khan, Secretary Industries Javed Marwat, Chief Executive Officer Akhuwat Foundation Dr. Amjad Saqib and other concerned high ups also attended the ceremony.

KP plans Gemstone Laboratory, Technical Training Centre

KP plans Gemstone Laboratory, Technical Training Centre National March 2, 2021 PESHAWAR: Governor Shah Farman on Monday chaired a meeting on the establishment of a Gemstone Laboratory and Technical Training Centre in the province for introducing precious gemstones at the international level besides development of the relevant industry. The meeting was attended by secretary Minerals Department Nazar Hussain Shah, Secretary Industries Javed Marwat, Director Gems and Gemological Institute Naveed Saud, Group Managing Director IBL Syed Nadeem Ahmed and others. The meeting discussed the selection of land for setting up of Gemstone Laboratory as per international standards, installation of modern machinery for cutting and polishing of gemstone and training of people associated with this sector. It was decided in the meeting that 32 kanals of land already available with the Minerals Department would be utilised for the laboratory after getting formal approval from the KP cabinet.

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