Kamyab Jawan Programme is going to create 50,000 jobs this year through Rs5 Billion loan with small and medium enterprises under the Youth Entrepreneurship scheme said Special Assistant to Prime Minister on Youth affairs Muhammad Usman dar. It will be a great opportunity for those young qualified people who are seeking for a job. He said that Rs1 billion among 2,190 qualified entrepreneurs by YES.
The executing bank also approved Rs3. Billion for 7,592 for different businesses. Pakistan Tehreek-e-Insaf in its two years’ inception highlighted the empowerment of its youth. The Bank of Khyber (BoK), the Bank of Punjab (BoP), and the National Bank of Pakistan (NBP) work with the Youth Entrepreneurship Scheme.
14,664 application under small and medium Enterprises was rejected by the bank and 6,489 were under process. More than one billion applications were received under the Kamyab Jawan program but many applications were without any practical business ideas. So that is why Special assistant to Prime Minister urged the youth to come up with proper practical business ideas to avail the opportunity.
Last week the govt of Pakistan expanded the soft loan scheme to give earning facility to the youth of the country. The amount of the loan was raised up to Rs. 25 million. National youth council and corona relief tiger force are the major initiatives by the Prime Minister Imran Khan for the development of Youth.