The federal government focused on creating an environment that encourages innovation and job creation and now Prime Minister’s Youth Program loan amount for small businesses has been increased from Rs5lac to Rs1.5mln
The move comes as part of the government’s ongoing efforts to promote entrepreneurship, particularly among youth and women, and support the growth of small and medium-sized enterprises (SMEs) across the country of 242 million.
Prime Minister Shahbaz Sharif chaired a meeting with focus on the development of small enterprises. The premier along with other officials reviewed government’s progress in providing support to small businesses and discussed measures to further ease the process for entrepreneurs.