Subscribe Us

ECC approves package worth Rs. 50.69b for SMEs


Islamabad - Economic Coordination Committee (ECC) has endorsed a bundle worth 50.69 billion rupees to give circuitous income backing to the little and medium size endeavors through prepaid power. 

A gathering of ECC was held in Islamabad today with Prime Minister's Advisor on Finance Dr Abdul Hafeez Shaikh in the seat.

The gathering affirmed a credit misfortune endowment of Rs. 30 billion rupees for the Risk Sharing Facility to help openings for work and forestall lay-off of laborers.

Under the help bundle known as 'ChotaKarobar o Sannat Imadadi Package', roughly 95 percent business purchasers with associated load as much as five kilowatt and 72 percent of modern customers with associated heap of up to 70 KW would be offered money related help.

ECC likewise affirmed distribution of extra assets of more than three billion rupees for fencing of Pak-Iran outskirt.

Prior today, Government reported a proposed help bundle for individuals who lost positions because of lockdown.

While tending to a question and answer session following the gathering of Economic Coordination Committee (ECC), Minister for Industries Hammad Azhar said that his service and Ehsaas Program have proposed a help bundle of worth Rs. 75 billion for every day bets, individuals with lower-pay and the individuals who have lost their salary because of the lockdown.

"Under the bundle, Rs. 12, 000 will be given to four to 6,000,000 families, which were not included in the administration's Emergency Cash Program. We are building up a web-based interface for the individuals who have been jobless due to coronavirus. They will have the option to enroll through their telephones," he said.

The bundle is yet to be affirmed by the government bureau.

Post a Comment

0 Comments