Federal Minister for Industry and Production Rana Tanveer Hussain says conducive environment is being provided to Small and Medium Enterprises for economic uplift of country.

Addressing the Joint Federal Budget Consultative Session in Lahore, he said industrial policy is being introduced in the budget under which necessary facilities will be provided to industrialists.

The Minister said special policies have been formed to attract Foreign Direct Investment in the country, which will help to alleviate poverty.

He urged exporters to explore new markets instead of focusing on specific countries.

Rana Tanveer Hussain said the tax and regulatory system for SMEs will be simplified and made easy.