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Punjab Government Launches Karobar Card and Welfare Schemes to Boost Economy

  • December 7, 2024
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The Punjab Government, under the leadership of Chief Minister Maryam Nawaz, has rolled out a series of ambitious initiatives to promote business growth, education, and healthcare. A key highlight of these efforts is the launch of the ‘Karobar Card’ Scheme, designed to support small business owners by offering loans between Rs 100,000 and Rs 1 million. This decision, made during a meeting in Lahore on Saturday, aims to uplift small enterprises and drive economic development in the province.

In addition to the ‘Karobar Card’, the government introduced the ‘Chief Minister Aasan Karobar Financing Scheme’ to support medium-sized businesses. This scheme will provide loans of up to Rs 30 million, with a five-year repayment period, facilitating expansion and growth for businesses that form the backbone of Punjab’s economy. Chief Minister Maryam Nawaz highlighted that these initiatives are expected to create jobs and stimulate the province’s business and industrial sectors.

These business-focused programs come alongside a series of welfare initiatives aimed at enhancing the quality of life for Punjab’s residents. One of the major initiatives is the Punjab Free Solar Panel Scheme, which promises to distribute 100,000 solar systems to households consuming up to 200 electricity units per month. The scheme seeks to alleviate energy costs, reduce carbon emissions, and decrease the burden on federal energy subsidies. Applicants will be verified via their CNICs to ensure transparent distribution.

Education also remains a top priority for the Punjab government. The Honhaar Scholarship Scheme was launched to grant 30,000 scholarships to deserving students from public and private universities, with an emphasis on supporting female students and those from Southern Punjab. In a groundbreaking move, the government has pledged to cover the entire cost of foreign education for qualifying students. Maryam Nawaz criticized previous administrations for mismanaging public funds and underscored her government’s commitment to providing merit-based opportunities for youth empowerment.

Additionally, the Chief Minister’s Laptop and Merit Scholarship Program is set to distribute 90,000 laptops to high-achieving students, including those from minority communities and fields like medicine and agriculture. The first phase of this distribution will roll out 5,000 laptops within the next month, boosting digital access and education quality across the province.

Healthcare improvements are also on the agenda. The Chief Minister approved the Dialysis Card Scheme, which allocates Rs 1 million per patient for dialysis treatments, ensuring better healthcare access for those suffering from kidney-related ailments. During the announcement, she also addressed the rise of AIDS cases in Multan, calling for immediate measures to curb its spread.

These multifaceted initiatives reflect the Punjab government’s focused approach to fostering economic growth, enhancing educational opportunities, and improving healthcare services. The combination of financial support for businesses, solar energy solutions, scholarships, and healthcare programs demonstrates a comprehensive effort to uplift the province and support its citizens.

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