Rs 39 billion approved for start-up loans

Islamabad: The Prime Minister’s special assistant for youth affairs, Muhammad Usman Dar, said on Tuesday that the government had approved Rs 39 billion for Kamyab Jawan business loans for the benefit of about 25,700 youths, who had been qualified for concessional loans under the Kamyab Jawan program.

In a press conference here, SAPM urged young people engaged in the media industry to be part of the Kamyab Jawan (KJP) program to apply for soft loans to start their own business with a start-up amount .

He said that under the scheme, more than 2,000 tractors have been distributed to young people working in the agricultural sector to facilitate farmers with the aim of boosting the sector. He said the tractor distribution program would be expanded to 10,000 tractors in the first phase.

SAPM said that in line with Prime Minister Imran Khan’s vision, the government is working on youth development initiatives and also ensuring the best job opportunities. He said the government had allocated 100 billion rupees for the disbursement of concessional loans under the Kamyab Jawan scheme and was distributing three to four billion rupees per month to about 3,000 young entrepreneurs, who would be extended to disburse. eight to 10 billion rupees.

Dar said that in the third phase of the Skills for All (Hunarmand Pakistan) scholarship scheme, more than 400,000 young people applied while around 60,000 young people would receive scholarships for various courses in traditional and high-tech trades. . He said the federal government had supported the youths of Sindh province and allocated them 13,000 skill grants which exceeded 35,000 as soft loans worth Rs 8 billion were disbursed. among eligible young people.

“We want sport to be part of the national economy, so that it can attract and provide jobs for young people in this sector. Pakistan’s aim is to participate in the Commonwealth Games and bring laurels to the nation, while three sports talent hunt campaigns would be launched to select the best hockey, wrestling and weightlifting athletes to be trained to participate in global forums,” he said. .

SAPM said the program had conducted football trials across the country and picked 20 football stars, as the trials concluded last week in Karachi. He said the disbursement of business loans under the Kamyab Jawan program had been accelerated to facilitate the maximum number of young people in the country.

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