Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall below 14% YoY in May

KPP aims to uplift 4.5mn under-privileged households

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July 29, 2021: Finance Minister Shaukat Tarin says Kamyab Pakistan Program aims at uplifting 4.5 million under-privileged households who are registered with the National Socio-Economic Registry of the Ehsaas program.

Chairing a meeting through video-link, he said KPP is a flagship program which shall extend micro-loans to entrepreneurs, small businessmen and farmers enabling them to access micro credit at zero percent mark-up without collateral.

Kamyab Pakistan Programme is aimed at extending agricultural loans to farmers with landholding up to 12.5 acres under “Kamyab Kissan” scheme. Micro-loans would be extended up to 150,000 rupees per crop for procurement of agricultural inputs.

Another component of the program is introduction of a new tier in Naya Pakistan Low Cost Housing Scheme wherein loans of 2.7 million rupees for Naya Pakistan Housing Development Authority projects.

Radio Pakistan

Posted on: 2021-07-29T09:43:00+05:00

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