Punjab government has set up a "Green Fund" with an amount of Rs 1 billion for extending loan facilities to the interested persons for undertaking projects pertaining to environment, conversion of rickshaws into CNG and purchase of CNG buses for Punjab.
Official sources told Business Recorder here on Thursday that under the programme government will encourage the projects pertaining to environment and interested persons could obtain loan facility for initiating these projects.
Sources said that the two stroke rickshaws would be converted into CNG in Multan, Lahore, Gujranwala, Rawalpindi and Faisalabad by December 2007. In Sialkot, the green rickshaw scheme has been introduced and under the scheme 750 rickshaws on subsidised prices would be given to the applicants of the district, the sources added.
The government had allocated Rs 150 million for the installation of combined treatment plants in Multan industrial estate and Sunder industrial estate Lahore. The work on the projects would be undertaken shortly and later on this programme would be expanded to other major industrial cities of Punjab.
Besides, the Punjab government had released Rs 9 million for setting up of Sialkot Tanneries Zone aimed at shifting all existing tanneries functioning in and closed to Sialkot into the proposed tanneries zone. In addition to this adequate steps would also be taken for the disposal of solid waste of four tehsils of the district.
The government on its behalf was utilising all channels and resources for reducing industrial pollution aimed at ensuring pollution-free environment for the industrial workers, dwellers and to enable the business community to fulfil the international standards and requirements, sources added.
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