Punjab government has formulated a plan for rehabilitation and strengthening the cottage industry across the Province. Official sources told Business Recorder here on Wednesday that under the plan the government will provide loan amounting to Rs 300,000 on soft terms to the industrialists for rehabilitation of cottage industry and priority would be given to women entrepreneurs across the Punjab.

The government was taking the step for the promotion of cottage industry as livelihood of thousands of families was linked with it. The government was keen to promote women entrepreneurship enabling them to play their instrumental role in boosting up the export volume and to enable them to work with shoulder to shoulders men for enhancing exports of the country.

The plan would soon be carried out in major industrial towns of the Punjab sources added. The government was also actively considering establishing display centres in different cities for showcasing the various products produced to attract foreigners and general public sources said.