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SMEDA speeds up efforts for SMEs global accreditation

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The Small and Medium Enterprises Development Authority (SMEDA) has stepped up its efforts to encourage small and medium enterprises to get internationally recognised certifications through its historic ‘SME Certification & International Accreditation Grant Programme’.

Today (June 9) is World Accreditation Day 2026, commemorated with the theme “Innovation, Trust and Sustainability: The Power of Accreditation”. SMEDA’s efforts to reach out a maximum number of entrepreneurs receive resonance.

The day signifies the importance of accreditation in establishing confidence in products, services and systems, a SMEDA official told reporters here Monday. The global observance (under Global ACI) was jointly established by the International certification Forum and the International Laboratory Accreditation Cooperation and recognises how certification promotes confidence, facilitates trade and supports sustainable economic growth.

SMEDA is assisting the SME sector to get worldwide certification to access the export markets in accordance with the vision of Prime Minister for development of SMEs which will be implemented under the supervision of Haroon Akhtar Khan, Special Assistant of PM on Industries and Production.

Under the scheme, SMEDA is granting 70 percent matching grant to meet the certification cost up to Rs 800,000 and related consultation cost up to Rs 200,000. The reaction from entrepreneurs has been particularly promising as enterprises from all sectors and locations of the country have applied for certification support, demonstrating rising awareness of the necessity of compliance, officials coordinating the project said.

The effort, officials said, is meant to encourage SMEs, particularly women and startups, to get certifications such as ISO standards, HACCP, Halal Certification and CE Marking. They stress that the project is being implemented through a transparent method, with applications handled on a first-come, first-served basis, subject to compliance with eligibility standards.

The team has received over 125 applications from small and medium enterprises (SMEs) from different regions of the country and 36 of these have been approved by a committee following screening, officials said. They say most beneficiaries anticipate to receive the promised grant soon.

Officials say a crucial part of the project is special focus on women-led firms, start-ups and businesses operating in neglected locations.

They note that SMEDA has also done massive awareness and outreach initiatives including training, media engagement and digital advertising to educate entrepreneurs on the value of certification and compliance. They note that awareness and capacity building initiatives related to the project have already benefited over 1,100 entrepreneurs with the cooperation of the National Compliance Centre.

They believe SMEDA and NCC are shortly going to start fresh training sessions of 3 to 5 days with renewed focus.

The industry experts feel that the increased adoption of international standards can go a long way in strengthening Pakistan’s export environment as it will help SMEs to integrate into global value chains and access new markets.

SMEDA has provided straightforward process through SME Registration Portal for the purpose of encouragement and facilitation of the entrepreneurs.

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Jet fuel price rises by Rs9.05 per litre in Pakistan

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 Jet fuel prices have once again increased in the country, along with the price of kerosene oil.

The price of jet fuel has been increased by Rs9.05 per litre, while kerosene oil has become Rs7.68 per litre more expensive.

Following the increase, the new price of jet fuel has been fixed at Rs355.52 per litre, while kerosene oil will now cost Rs329.54 per litre.

Meanwhile, according to a notification issued by the Petroleum Division, the price of petrol has also been increased by Rs2.10 per litre, taking its new price to Rs392.76 per litre.

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Govt sets deadline of 20th Oct for pilgrims to pay 2nd Hajj installment

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The religious affairs ministry stated late Friday that the federal government has fixed October 20 as the deadline for intending pilgrims selected under the government Hajj system to deposit the second installment of their pilgrimage dues.

ISLAMABAD: Pakistan has set aside 107,526 slots for the government plan, including 30,000 for a shorter package, and another 71,696 slots have been granted to the private scheme for next year’s Hajj.

The country on Aug. 25 completed online booking of all tickets in the government Hajj scheme, the first time the whole quota has been filled through a digital reservation system.

The ministry of religious affairs said in a statement on Friday that the applications of pilgrims for next year’s Hajj will be cancelled if they did not pay by the deadline.

“The dates for depositing the second installment of dues for Hajj pilgrims under the government scheme have been fixed from 5 October to 20 October, 2026,” the ministry said.

“If the second installment is not deposited within the deadline, then the Ministry said the pilgrim’s application will be cancelled and the amount deposited earlier will be refunded to the pilgrim’s account,” the Ministry said.

Under the government arrangement, pilgrims can pay the second payment of Hajj dues through the ‘Pak Hajj App’ or digital Hajj site within the stipulated deadline.

The government said that submitting the Hajj medical fitness certificate on the ‘Pak Hajj’ app or the digital Hajj portal was essential before depositing the second installment.

This year the government announced that pilgrims will pay Rs1.2 million ($4,334) for a 40-day Hajj package and Rs1.3 million ($4,695) for a shorter, 20- to 25-day package under the government system.

The first installment of dues for seats under the shorter government package was paid within 24 hours of the process starting on Aug 18 and the rest of the seats under the plan were booked by Aug 25.

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Petrol price goes up by Rs2.10, diesel by 30 paisa a liter:

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– Petrol and diesel prices have been increased once again under the latest fuel-price revision.

The revised prices will take effect from October 3, 2026.

According to a notification issued by the Petroleum Division, the price of petrol has been increased by Rs2.10 per litre. Following the latest increase, petrol will now cost Rs392.76 per litre.

The price of high-speed diesel has also been raised by 30 paisa per litre, taking its new rate to Rs399.64 per litre.

The Petroleum Division said the announced rates are linked to movements in international petrol and diesel prices.

According to the notification, changes in the global market, Platts rates, premiums and other associated costs were taken into account when determining the revised prices.

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