Lahore: Chief Minister Punjab Sardar Usman Buzdar on Thursday inaugurated the Punjab Employment Scheme.
Addressing on the occasion of the inaugural ceremony, the CM Punjab said that more than Rs 30 billion loans will be provided on easy conditions which will provide employment to 1.6 millions people.
The CM added that men, women and even eunuch in the age bracket of 20 to 50 years will be benefited from the scheme.
He said that the scheme has been initiated under the vision of Prime Minister Imran khan which is aimed at providing loans facility on preferential basis to educated, skilled youth.
He said that with the partnership of the Bank of Punjab and Punjab Small Industries Coorporation loans from Rs one lakh to Rs 10 million will be provided on the lowest mark up.
The CM said that through the employment scheme hundreds of thousands of youth will become financially independent.