Islamabad, Oct 17: Prime Minister Imran Khan will launch the ‘Kamyab Jawan Programme’ today for country’s young people.
The launch programme will be held at Islamabad’s Jinnah Convention Centre at 4pm today.
Explaining media about the programme, Special Assistant to Prime Minister on Youth Affairs Usman Dar said the programme focuses on ensuring employment and business opportunities for the young unemployed people of Pakistan.
The programme comprises of two main categories. In the first category, the youth will be given loans from Rs100,000 to Rs500,000 to start their own businesses. While in the second category, the young people will be provided with loans from Rs500,000 to Rs 25,00,000.
Usman Dar told that the guarantee of a third person to get a loan has been abolished in the Kamyab Jawan Programme and the youth can directly secure loans from the banks through the portal. In the first phase, the National Bank, Bank of Khyber and Bank of Punjab will provide direct loans.
Under the six Major initiatives under the Kamyab Jawan Programme, the ‘Youth Entrepreneurship Scheme’ will provide mark up free business loans to new aspiring entrepreneurs for the promotion of SME sector.
The ‘Skill for All Programme’ will impart technical and vocational training to 150,000 youth, both in conventional and high-end technological trades.
The ‘Startup Pakistan Programme’ will train potential young entrepreneurs to help them conceive, incubate, and mature their business plans through access to digital incubation platforms.
The ‘Green Youth Movement’ will provide small loans to youth to bring economic innovative solutions to counter environmental and climate changes.
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