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Punjab govt to extend loans for dev of cottage industry
November 12, 2019


Punjab government will extend loans on easy terms for the development of cottage industry, costing three hundred million rupees.

Addressing the meeting, the chief minister said that six billion rupees will also be allocated for Small and Medium Enterprises and loan amounting three million will be given for the commencement of small and medium businesses.

He said that current S.M.E’s will able to get soft loans under Loan Markup Support Program and three billion rupees will be allocated for this scheme.

He said that industry will thrive with provision of these loans.