ISLAMABAD, Dec 13 (APP):State Minister for Parliamentary Affairs Ali Muhammad Khan Friday said PTI government’s policy was aimed at empowering youth, helping them become self-reliant, instead of swamping them into debt trap with loans. During a question hour, the minister said that the government had taken National Poverty Graduation Initiative (NPGI) which was a part of “Ehsaas Strategy”. He said the policy was aimed at graduating the poorest households out of poverty and setting them on a path of economic and social prosperity. Ali Muhammad Khan said there were three components of the initiative with asset transfer, interest-free loans, and vocational and skills training to make assets productive. He said the graduation initiative was aimed at reducing dependence of the population at the bottom of the economic pyramid on government-led social safety nets (BISP and Bait-ul-Mal programme etc) and help bring this population into the mainstream of economic development and financial inclusion. He said the government, in addition to its own funding, was partnering with the International Fund for Agricultural Development (IFAD) and the Asian Development Bank (ADB), adding that the total cost of the initiative was Rs. 42.65 billion. The minister informed the National Assembly that the initiative will … Continue reading Govt policy aims to make youth self-reliant: Ali Muhammad Khan