Govt offers financial assistance to SME sector

Staff Reporter

Karachi

The government has offered financial assistance to SME sector for acquiring quality certification, this was announced by the Ministry of Science and Technology at a “Certification Incentive Program” led by the Ministry of Science and Technology, at Lasbela Chamber of Commerce and Industry (LCCI) to discuss the need of Certification (ISO 9001, ISO 14001, ISO 18001 etc. ) and the support of the government available for private sector.
The meeting was that was chaired by LCCI President, Ismail Suttar and also attended by Ch. Muhammad Ashraf, Additional Secretary, Ministry of Science and Technology and Shaheen Raja, Project Manager, CIP and M.D. Lasbela Industrial Estate Development Authority (LEIDA) have attended the session and shared their inputs at LCCI’s seminar hall on Thursday.
Purpose of the programme is to provide incentive grant to more than 200 SMEs for adopting and implementing certification system in their relevant business objectives. To organize training for their stakeholders for establishing the different certification systems under the one-roof of Ministry of Science and Technology, Government of Pakistan and to provide any technical and sustainability of products in globally fulfilling the international standards requirements on quality, safety and social accountability or universally recognition by the internationals body.
It is for all Pakistan scheme and administrative via ministry of Science & Technology. This scheme sees and provide one time certification expenses from rupees one hundred thousand to four hundred thousand.
All SME employment size should be maximum 250, the ministry official informed the meeting.

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