MICRO INTEREST FREE LOANS
The first programme is Micro Interest Free Loans, which will be focused on those segments of society who are financially weak. 3 billion rupees have been allocated for this scheme. 250 thousand people will benefit from this scheme. These loans would be interest free.
SMALL BUSINESS LOANS
The second scheme is Small Business Loans Scheme. This scheme is for those educated youngsters, who wish to start their own business. 50 per cent of these loans will be provided to women. These loans ranging from 500 thousand to 2 million rupees, will be given with a discounted interest rate of 8 percent. The rest will be paid by the government. Initially these loans will be provided through the National Bank of Pakistan and First Women Bank. Five billion rupees have been allocated for this scheme.
Under this programme, young educated people having acquired 16 years of education from recognized institutions will be provided on-the-job- training, so that they could get job opportunities in the country or abroad. During the training a monthly stippned of rupees 10 thousand will be given to the worker for a training period of 6 months. 4 billion rupees have been allocated for the purpose and 50 thousand graduates will benefit from the scheme.
YOUTH SKILL DEVELOPMENT SCHEME
The youth skill development scheme is aimed at providing vocational training to such youngsters who are jobless. Boys and girls up to 25 years of age will be able to benefit from the scheme, who have gained middle level education (8th Grade). These youngsters will be given a monthly stippned worth 3-5 thousand rupees, for a period of 6 months. The government will bear their fee. 800 million rupees have been allocated for this programme.
FEE PAYMENT FOR BACKWARD AREAS STUDENTS
The fifth scheme is for (male & female) students who come from far flung areas of the country, and want to acquire higher education. Any talented student should not be deprived of educational opportunities, only because his or her parents cannot afford the academic expenses. Government will bear the fee for youngsters aiming for a post graduate programme for MA, MSc or higher level. 1.2 billion rupees have been allocated for this scheme and 30 thousand students will benefit from this initiative.
YOUTH LAPTOP SCHEME
The government of Punjab had initiated a laptop scheme for the purpose. The federal government has decided to launch this scheme nationwide. 100 thousand students will be provided laptops in accordance with the programme. An amount of 4 billion rupees has been allocated for the PM Laptop scheme.
very nice sharing Sir jeee
JAzak Allah Sir jeee
Superb Working Sir jee
Kia mujhey is scheme se faida ho ga.
laptop 2nd smestr walon ko mle gy........?
Prime Minister Nawaz Sharif on Saturday announced six youth welfare schemes for poverty alleviation and employment across Pakistan. The schemes include easy loans, scholarships and laptops for the intelligent students.
The prime minister, in his second address to the nation since assuming the office in July, said that initially government has reserved Rs20 billion for the schemes, which will be for the entire country including Gilgit-Balitistan and Azad Kashmir.
He said that the schemes mark the commencement of the fulfillment of the pledges his PML-N party had made in its election manifesto, adding the circle of these schemes will be widened gradually.
Prime Minister said that the central idea for the schemes is to create the opportunities of self-dependence and self-employment for the youth. He said that like other countries, the space for government jobs is lessoning with the ratio of population.
Youth Skills Development Programme
Under the Prime Minister’s Youth Skills Development Programme, 25,000 individuals having age below 25 with minimum qualification of middle will be provided six-month training in a number of trades along with fees and a monthly scholarship of Rs 5,000.
Youth Training Programme
Under the Prime Minister’s Youth Training Programme 50,000 individuals up to 25 years who have completed their sixteen-year degree programme will be given practical training to help them get jobs at home or overseas. During training, they’ll be awarded a monthly stipend of Rs 10, 000 for one year. This programme has Rs4 billion allocated for it.
Under Prime Minister’s Microfinance Scheme, 2,50,000 men and women of unprivileged section of the society will be given Qarz-e-Hassana (loan without interest) to help them start micro-enterprise activities. There have been Rs5 billion earmarked for the programme.
Small Business Loan Scheme
Under Small Business Loan Scheme, the young individuals will be given Rs.500, 000 to Rs. 2,000,000 to help them start their own businesses. The small business loans will be released through National Bank of Pakistan and First Women Bank at a mark-up cost of 8% while government will bear the remainder. 50% of these loans will be reserved for the women. The scheme, which would benefit 250,000 people, is being launched at a cost of Rs5 billion.
Fee Reimbursement Scheme
Under Fee Reimbursement Scheme for Less Developed Areas, the brilliant minds from FATA, GB, and Balochistan will be provided tuition fee support for their MA‚ M.Sc and higher level education. Rs1.2 billion have been allocated for the programme.
Under the Laptop scheme, 100,000 intelligent students across the country will be provided with laptops by the federal government this year.Rs4 billion rupees have been earmarked for the scheme.
Prime Minister said that the basic structure of these schemes has already been approved by the federal cabinet and their implementation will get underway soon. He invited the people to give their suggestions to make these schemes more transparent and 100% merit-based.
LAptop kesey miley ga?
last semester gpa or last degree passed?
very nice schemes by pml-N