Chief Minister of Punjab Maryam Nawaz on Wednesday presided over 15th provincial cabinet meeting which approved three mega projects including Apni Chhat… Apna Ghar, Chief Minister’s Green Tractor and Children’s Heart Surgery Programme.
The cabinet also enhanced the penalties and fines for illegal weapons and kite flying. The meeting approved MDCAT policy for public and private sector medical and dental colleges and establishment of the first Punjab Life Insurance Company of the province.
The cabinet for the first time in Pakistan approved the grant of housing loan on the ownership of a plot and CNIC copy. A borrower of 15 lakh rupees has to pay Rs. 14,000 monthly installment in nine years.
On the direction of Maryam Nawaz, the loaning scheme has been converted into a revolving fund and no additional charges will be taken from the public. The Cabinet approved uniform front design of Apni Chhat…Aapna Ghar project.
The Chief Minister directed to simplify the scrutiny process of social, economic and income sources for obtaining a housing loan and said that the Punjab government wants to create ease for the people.
She said, “We will build five lakh houses in five years.” The Chief Minister also directed the ministers to pay the first installment of the housing loan by visiting in person. The cabinet approved giving 9,500 tractors under the Green Tractor Program in Punjab along with giving subsidy of Rs. 10 lakh on each tractor to the land owners possessing up to 50 acres of land. This scheme will be launched from September 20 and balloting process will be held on October 20.
Maryam Nawaz said, “We want to give 30 thousand tractors to the farmers of Punjab.”
