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Punjab Cabinet Greenlights ‘Asan Karobar Finance Scheme’
The 22nd meeting of the provincial cabinet chaired by Punjab Chief Minister Maryam Nawaz Sharif took historic decisions, including the approval of the First Punjab Hindu Marriage Act 2024 and Registration Rules. This move is a major step towards protecting the rights of minorities, which will promote social harmony. The implementation of this law will give legal status to the marriage matters of the Hindu community.
Emergency measures to increase cotton and sugarcane production. Keeping in mind the effects of climate change, Chief Minister Maryam Nawaz Sharif directed immediate and practical steps to increase cotton and sugarcane production. Steps like increasing the number of Kisan Cards for farmers from 5 lakh to 7.5 lakh and providing full supply of green tractors have been taken so that farmers are prosperous and agricultural production increases significantly.

Approval of Asan Karobar Finance Scheme and Interest-Free Loans. Good news for entrepreneurs in Punjab! The provincial cabinet has approved the “Punjab Easy Business Scheme” and “Asan Business Card”. Under this scheme, interest-free loans of up to Rs 3 crore will be provided, while a target of one lakh startups has been set for new businesses. The Chief Minister also announced to provide land free of cost so that the youth can be made independent.
Revolutionary measures for education and health. In the education sector, the Chief Minister directed to increase the number of laptops under the meritorious scholarship and to provide scholarships to second-year and third-year students. In the field of health, dialysis funds have been increased from Rs 7 lakh to Rs 10 lakh. The aim of these measures is to make the life of the common man easier and provide quality education and health facilities.
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Historic Approval of Punjab Hindu Marriage Act Rules 2024
The cabinet approved the first Punjab Hindu Marriage Act, Registration Rules 2024, marking a milestone in protecting the marital rights of the Hindu community. This initiative reflects the government’s commitment to safeguarding minority rights and promoting inclusivity.
Agricultural Reforms and Climate Action
Chief Minister Maryam Nawaz Sharif directed emergency measures to increase cotton production and tackle the decline in sugarcane yields due to climate change. Steps were also taken to enhance the efficiency of the agricultural sector, including the approval to increase Kisan Cards from 500,000 to 750,000 and raising the cash limit on the cards by 30%.
Farmers set a record by purchasing Rs. 46 billion worth of agricultural inputs via the Kisan Card program. Additionally, the supply of 9,000 green tractors across Punjab was completed, further boosting agricultural productivity.
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Revolutionizing the Business Landscape
The cabinet approved the groundbreaking “Asan Karobar Finance Scheme” along with the launch of the CM Punjab Asan Business Card. Entrepreneurs will receive interest-free loans of up to Rs. 30 million to support innovative business startups, with a target of launching 100,000 businesses across Punjab. Chief Minister Maryam Nawaz Sharif announced the provision of free land for the Asan Business Scheme, underscoring her vision to create a business-friendly environment.
Education and Youth Empowerment
Acknowledging the overwhelming response to the Honhar Scholarship program, the cabinet commended the initiative spearheaded by Education Minister Rana Sikandar Hayat. Chief Minister Maryam Nawaz Sharif announced an increase in the number of laptops from 40,000 to a larger number to ensure that every deserving student on merit receives one. She also directed steps to extend Honhar Scholarships to second- and third-year students.
Advancements in Healthcare
The cabinet approved significant funds for healthcare, including the Punjab Chief Minister Special Initiative for Dialysis Program, increasing funds from Rs. 700,000 to Rs. 1 million. The approval of the Nawaz Sharif Institute of Cancer Treatment and Research Act 2024 promises advanced cancer treatment and research facilities for the people of Punjab.
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Infrastructure and Transport Policies
To promote safety and environmental sustainability, the cabinet decided to limit motorcycle speeds to 60 km/h and approved annual inspection and certification of motorcycles after 12 months. Additionally, a province-wide vehicle registration campaign was launched to ensure compliance with transport regulations.
Electric Vehicles and Green Initiatives
The cabinet took a major step towards environmental conservation by approving the establishment of charging stations for electric vehicles across Punjab. Chief Minister Maryam Nawaz Sharif emphasized the need for a comprehensive electric vehicles policy to align with global standards of sustainable development.
Journalist Support Fund and Overseas Pakistanis
The cabinet approved an increase in the seed money of the Journalist Support Fund and enhanced financial assistance for needy journalists. A special court was approved to address property-related disputes of overseas Pakistanis, reflecting the government’s dedication to protecting their interests.
Additional Approvals and Initiatives
- Shifting the property tax valuation system from rental value to capital value.
- Recruitment for 340 technical cadre posts in special education.
- Recruitment in Forest Services Academy Ghora Gali and Punjab Forest School Bahawalpur.
- Allocation of 30 seats in medical and dental colleges for Islamabad students, as per the Prime Minister’s directives.
- Approval of a supplementary grant for the CPA Asia South East Asia Regional Conference.
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Conclusion
The 22nd provincial cabinet meeting demonstrated the Punjab government’s proactive approach to addressing economic, educational, agricultural, and social challenges. Under the leadership of Chief Minister Maryam Nawaz Sharif, Punjab continues to set benchmarks in governance and development, ensuring a brighter future for its citizens.