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Imran Khan also announced scholarships for 170,000 skills
ISLAMABAD: Prime Minister Imran Khan has announced the launch of a startup loan of Rs 100 billion to provide financial assistance to the youth in his business. This is the largest incentive and startup loan scheme for young people with an estimated 60% youth population.
The Prime Minister announced two major initiatives for the youth: a loan of Rs. 100 billion for start-ups and Rs. 170 billion for skill-based scholarships for financing, assisting and training young entrepreneurs in Pakistan. loans. Loan
The Prime Minister said, “We are offering soft loans of Rs 100 billion under the Successful Youth Program to help ambitious youth to start their own businesses and start their own businesses.” Is an incentive to support. Unemployed aspiring businessmen.
The Prime Minister also announced 170,000 skills scholarships, of which about 50,000 will be allocated for advanced skills such as state-of-the-art technology including artificial intelligence and big data.
He urged the youth to take advantage of the skills and high-tech training offered by the government to take advantage of the vast opportunities in various fields and become self-reliant instead of waiting for government jobs. He said that it is the private sector or only small and medium enterprises can solve the problem of unemployment in the country.
10,000 businesses started
Usman Dar, Special Assistant to the Prime Minister for Youth Affairs, said that at least 10,000 new businesses have been started under the government’s Youth Entrepreneurship Scheme under the Rare Youth Program with an investment of over Rs. 8 billion. Is. In the first phase, about 37,000 young people have completed six-month courses in traditional and high-tech commerce, while another batch of 55,000 young people are undergoing training. Reported By