Prime Minister’s Youth program

Prime Minister's Youth program

Governments all around the world are focusing on young people, researchers, and students and emerging businessman who are trying to set up their career and professional life. Pakistani government is also helping its youth by starting many schemes.

The recent youth scheme of Prime Minister counted to be a very good initiative to make young entrepreneurs start their career with easy loan schemes. The agricultural loan and youth business scheme started by Prime Minister Shahbaz Shareef is getting appreciation from young people a lot.

Salman Ali, a mechanical engineer student is in search of job after completing his degree, he said that such initiatives in Pakistan are a blessing for people who can’t afford to start a business along with their study expenses. It is hard to get a desired job but through this scheme we can easily start our own setup and make it successful.

He added that this scheme will enable people like me to earn from their own respectable business setup. It will also appreciate the entrepreneurship culture in our society and also solve the issue of unemployment which is the main reason of economic downfall in Pakistan.

Read more | Agricultural loan scheme for youth

Details of Youth Loan scheme

This program will cherish the needs of people from 21-45 of age, including male and female, special persons and transgenders as well to get loans up to Rs 7.5 million. Terms and conditions to get loans are simple, all the commercial, And Islamic and SME banks will be providing loans to set up a new business.

Prime Minister’s special assistant on Youth affairs Shaza Fatima Khawaja while talking to media said that Pakistani youth are talented and passionate enough to compete in international market. We are here to provide full opportunities for them to grow and prosper in healthy environment.

Unemployment and inflation rate is increasing in Pakistan day by day and country is far behind in global race. This empowerment scheme will provide breathing space for people tired enough from poverty and inflation.

Another female entrepreneur Arifa Fatima who is running a stitching business on small scale said that this will help in creating new ways for me and other youngsters to help in their personal startup. It will encourage youth to fully utilize their energies for better earning and benefit both them self and country as well. I was thinking to expand my business from a long time but shortage of resources always stopped me. This scheme will definitely help me in perusing my dream.

Read more | UAE to lend Pakistan $1 billion, agrees to roll over existing $2-billion loan

In our society, special persons are often considered as a burden to family but this scheme will help them playing their constructive role in economic development.

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