Subsidy Proposed For Citizens Buying Houses

ISLAMABAD: Presenting the budget in the National Assembly, the Finance Minister said that Prime Minister Imran Khan wants to change the course of history by improving the condition of 4-6 million low-income families from next year.

The Finance Minister said that interest free loans of up to Rs. 5 lakh would be given to each citizen household for business while interest free loans of Rs. 1.5 lakh would be given to each farming household for cultivation of each crop. Similarly, interest free loans of up to Rs.

Cheap loans of up to Rs. 2 million for construction of low cost houses, health card to each household and free technical training to one individual. A subsidy of Rs 3 lakh is being given to help in the purchase or construction of a house for which Rs 33 billion has been set aside in the budget. Rs 260 billion has been proposed for the Ehsas program