A high-level committee has taken decisive steps to speed up a major financial initiative aimed at supporting Punjab's business community. The third meeting of the Project Steering Committee for the Punjab Chief Minister Easy Business Finance Scheme was convened at the Peace House in Lahore.
Minister Presides Over Progress Review
Provincial Minister for Industries and Commerce, Shafay Hussain, led the crucial session. The committee's primary focus was a comprehensive review of the ongoing second phase of the flagship finance scheme. Discussions centered on evaluating its current impact and identifying avenues for enhancement.
Approval for Accelerated Implementation
Recognizing the scheme's key importance in promoting business activities, the committee approved a series of necessary steps. These measures are designed to remove bottlenecks and significantly accelerate the pace of the scheme's rollout. The goal is to ensure that financial support reaches entrepreneurs and business owners more efficiently.
Focus on SME Sector and Chambers
A major point of emphasis was improving communication and outreach. The committee affirmed that business people linked to the SME sector and members of various chambers of commerce and industry will be fully informed about the scheme's benefits and application process. This transparency is intended to maximize participation and ensure the initiative's success on the ground.
The meeting concluded with a reinforced commitment from the provincial government to foster a more supportive environment for commercial and industrial growth across Punjab. The approved steps are expected to be implemented promptly, providing a much-needed boost to local enterprises.
