AGL 38.30 Increased By ▲ 0.08 (0.21%)
AIRLINK 132.50 Increased By ▲ 3.53 (2.74%)
BOP 8.62 Increased By ▲ 0.77 (9.81%)
CNERGY 4.73 Increased By ▲ 0.07 (1.5%)
DCL 8.55 Increased By ▲ 0.23 (2.76%)
DFML 38.50 Decreased By ▼ -0.44 (-1.13%)
DGKC 84.29 Increased By ▲ 2.35 (2.87%)
FCCL 34.51 Increased By ▲ 1.09 (3.26%)
FFBL 76.55 Increased By ▲ 0.84 (1.11%)
FFL 12.79 Decreased By ▼ -0.03 (-0.23%)
HUBC 109.89 Decreased By ▼ -0.47 (-0.43%)
HUMNL 14.35 Increased By ▲ 0.34 (2.43%)
KEL 5.37 Increased By ▲ 0.22 (4.27%)
KOSM 7.78 Increased By ▲ 0.11 (1.43%)
MLCF 40.58 Increased By ▲ 0.78 (1.96%)
NBP 69.88 Decreased By ▼ -2.44 (-3.37%)
OGDC 190.69 Increased By ▲ 2.40 (1.27%)
PAEL 25.99 Increased By ▲ 0.36 (1.4%)
PIBTL 7.45 Increased By ▲ 0.08 (1.09%)
PPL 156.04 Increased By ▲ 3.37 (2.21%)
PRL 25.67 Increased By ▲ 0.28 (1.1%)
PTC 18.59 Increased By ▲ 0.89 (5.03%)
SEARL 82.80 Increased By ▲ 0.38 (0.46%)
TELE 7.80 Increased By ▲ 0.21 (2.77%)
TOMCL 32.83 Increased By ▲ 0.26 (0.8%)
TPLP 8.36 Decreased By ▼ -0.06 (-0.71%)
TREET 17.12 Increased By ▲ 0.34 (2.03%)
TRG 56.09 Increased By ▲ 0.05 (0.09%)
UNITY 28.83 Increased By ▲ 0.05 (0.17%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 10,690 Increased By 31 (0.29%)
BR30 31,687 Increased By 355.8 (1.14%)
KSE100 99,650 Increased By 380.4 (0.38%)
KSE30 31,064 Increased By 31.6 (0.1%)

Provincial Minister for Industries, Muhammad Ajmal Cheema has said that memorandum of understanding (MoU) would soon be signed between Punjab Small Industries Corporation and USAID under which both organisations will cooperate with each other for the promotion of industries.
He revealed this while presiding over PSIC meeting here on Friday. He said that Punjab Small Industries Corporation (PSIC) has evolved comprehensive strategy for promoting small and medium industries, which will result in generation of new job opportunities as well as poverty alleviation.
He said that cluster development centers and business support centers were being set up in various cities of the province where training would be imparted to the people on modern machinery.
He said that a new loan scheme would also be initiated at a cost of rupees one billion for the promotion of small and medium industry in the next fiscal year, he added. The minister said that loan up to Rs 40,000 is being provided for the promotion of cottage industry and its rate of return is 98pc.

Copyright Business Recorder, 2007

Comments

Comments are closed.