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Nawaz Sharif

Prime Minister Nawaz Sharif Announced Six Welfare Schemes for Pakistan Youth

Prime Minister Mian Nawaz Sharif has announced launching of six schemes for welfare of youth with initial allocations of twenty billion rupees.

In his address to the nation on Saturday evening‚ PM Nawaz Sharif said these program’s are aimed at creating self-employment opportunities for youth and are in fulfillment of its election manifesto.

Click Here To Download Prime Minister’s Business Loans Application Form

He said the micro-interest free loan scheme is targeted at disadvantaged sections of the society and will benefit two hundred and fifty thousand people. An allocation of 3.5 billion rupees has been made during the current financial year.

The Small Business Loan Scheme has been designed for unemployed‚ especially educated youth to enable them to start their own businesses. Under the scheme loans ranging from five hundred thousand to two million rupees would be advanced to youth at concessionary mark up rate of eight percent and the remaining burden of the mark up would be borne by the government. Fifty percent loans would be given to women and initially these loans would be advanced by National Bank of Pakistan and First Women Bank. Five billion rupees have been allocated for the scheme.

Nawaz stated under Youth Training Scheme those completing sixteen year degree education from recognized institutions would be given practical training to help them secure job at home or abroad. For this on the job training ten thousand rupees scholarship per month would be given for one year and fifty thousand graduates would benefit from the scheme. Four billion rupees have been earmarked for this scheme.

The Youth Skilled Development Scheme is being launched for boys and girls who have passed 8th class. They will be given six months training in different trades along with scholarship of five thousand rupees a month. The government has earmarked eight hundred million rupees for the scheme.

Mian Nawaz Sharif also announced a scheme for sponsoring tuition fee of students belonging to backward areas so that brilliant students are not deprived of their right to education due to financial constraints. The government would pay at an average forty thousand rupees annual fee on behalf of each of the thirty thousand students for MA‚ M.Sc and higher level education. This scheme is being launched at a cost of 1.2 billion rupees.

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The PM said four billion rupees have been earmarked for Prime Minister’s scheme for Provision of Laptops. Under the scheme one hundred thousand students would be provided laptops this year by the Federal Government.

Nawaz said the Federal Cabinet has already approved basic structure of these schemes and arrangements have also been completed for their implementation. He however invited suggestions from people to make these schemes more transparent and hundred percent merit based.

Details of these schemes would be available on the website www.pmo.gov.pk from Monday and people can give their comments on the website. Suggestions can also be sent in writing to the Prime Minister’s office in Islamabad.

 

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The six projects include Micro Interest Free Loans Scheme, Small Business Loans Scheme, Youth Training Scheme, Youth Skill Development Scheme, Fee Assistance Scheme and PM’s Scheme for Laptops Provision, said Nawaz Sharif in his second televised address to the nation.

He said the government was committed to the uplift of youth. “I am sure that a self-reliant and prosperous youth will prove as a vanguard in the nation’s journey towards national integrity, prosperity and sovereignty.”

The premier announced that the six development schemes would be applicable for the youth of the four provinces, Azad Kashmir and Gilgit-Baltistan.

The federal cabinet had approved the basic features of these programmes on September 13 and the system for their implementation was also in place.

Sharif said, however, to ensure more transparency, clarity and merit in these schemes, it was his desire to seek guidance from general public.

He said input on these schemes could be given at the website, www.pmo.gov.pk, being uploaded on September 23.

A special mobile phone number ‘80028’ had also been dedicated for this purpose to which suggestions could be sent through SMS.

The prime minister said the details of these schemes would also be circulated through national media including newspapers and television channels.

Nawaz Sharif said the general public was welcome to send their written proposals addressed to the Prime Minister’s Office in Islamabad as well. He said 10-days had been allocated for collection of suggestions and recommendations, and added he would not be satisfied until receiving an ample response from youth on the schemes meant for their prosperity.

The schemes would be launched soon after working on the proposals and giving them a final shape.

He said Rs20 billion allocated for the schemes for youth was not a big amount; however the limitation of resources owed to the severe economic problems of the country.

The issues including electricity shortage, the projects about construction of roads, motorways, hospitals and setting up of industrial units needed large monetary resources.

He expressed hope that a time would come when the tax payers’ money would be largely spent on the welfare projects and vowed to allocate more funds for the schemes of public importance in coming years.

About the first scheme, Prime Minister Nawaz Sharif said the ‘Micro Interest Free Loans’ is especially focused upon the financially weak segments of the society.

Under this scheme, a total of Rs3.5 billion would be earmarked in the current financial year, which would benefit about 250,000 people. No interest would be charged on these loans.

He also announced ‘Small Business Loan Scheme’ exclusively for the educated youth willing to initiate their private businesses.

The prime minister said 50 per cent loans would be specified for the women. Under this scheme, skilled individuals would get loans worth Rs0.5 million to Rs2 million each to help start their work in agriculture sector or to open workshops.

“The markup rate on this loan would be 8 per cent as the remaining would be borne by the government. Initially, the National Bank of Pakistan and First Women Bank will extend this loan,” said the premier, adding that the government had allocated Rs5 billion for the scheme.

The third initiative, he said was ‘Youth Training Scheme’ under which the youth having completed 16-year education from accredited educational institutes would be provided training so that they may find suitable job opportunities locally or abroad.

He also prayed that every citizen may get job opportunity in the country without going abroad.

Prime Minister Sharif said during the on-job-training, the youth will be paid Rs10,000 stipend monthly for one year and Rs4 billion have been allocated for the scheme that would benefit around 50,000 graduates.

Under the ‘Youth Skill Development Scheme,’ he said youngsters would be trained to help them earn their livelihood respectfully. The youth aged up to 25 years and with education up to eighth grade would be entitled to avail this facility.

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71 comments

  1. KYA KOI GARI KI SCHEME B HAE?

  2. I REALLY APPRECIATE THE PRIME MINISTER FOR LAUNCHING THESE SCHEMES . ITS GOOD FOR THOSE STUDENTS WHO BELONGS TO A POOR FAMILY AND CANNOT CONTINUE THIER STUDIES DUE TO FINANCIAL CONSTRAINTS……!

  3. That’s a nice scheme if deserved people may approach this…. whats the procedure to get benefit from such schemes…?

  4. Syed ZeeShan Haider

    salam
    i want to know how to get loan by govt plzz some one help me ??

  5. THIS IS NICE , I WANT TO KNOW HOW TO GET LOANS …………..

    • Salaam to all

      These all are very good schemes introduced by the PM of Pakistan. Youngsters can do their own business and can play a vital role for the prosperity of our beloved country.

      I appreciate all these schemes.

      Plz tell us how can we forward/apply for such schemes???
      ???
      ??
      ?

  6. dear Sir plz tell me how is the prosidior

  7. هم محترم نواز سريف کي شروع کي هوئي اسڪيم نوجونو کو کاروبار کـ لئي قرزا مين اميد کرتي هين کي هم جيسو غريبون کو بهي ان اسڪيم سي فائدا ملي گا

  8. I REALLY REALLY APPRECIATE THE PRIME MINISTER FOR LAUNCHING THESE SCHEMES . ITS GOOD FOR THOSE STUDENTS WHO BELONGS TO A POOR FAMILY AND CANNOT CONTINUE THIER STUDIES DUE TO FINANCIAL CONSTRAINTS……!

  9. It,ss Really Good any appriciated
    people should get benift this scheme and please Relevent Person make these schemes more transparent and merit based.

  10. What the procedure to get loan .
    we are living in mirpurkhas sindh.
    kindly give me information to get loan .on my email address or kindly visit my web site for free unlimited softwares thanks Regards
    Muhammad farhan

  11. its nice plz tell me how to get registered to receive the scholarship scheme for higher education

  12. Respected sir,

    I AM SO POOR AND HAVE MA IN ISLAMIC STUDY I WANT TO DO M.PHIL PLEAS HELP IN STUDY

  13. Aoa.I have done my masters in Psychology in this year ,I want to apply for laptop from government as well as I want to doing internship.

  14. We appreciate our prime minister for the best improvement in the man life. Thank you

  15. wow, its resplendent scheme launched by our PM.

  16. What is the procedure to get any one service of this program??

  17. SIR NO DOUBT ALL SCHEMES ARE GOOD. BUT NOTHING IS GIVING TO DISABLED PERSONS AT ALL.

  18. I REALLY APPRECIATE THE PRIME MINISTER FOR LAUNCHING THESE SCHEMES .

  19. May you live Long, All Nation Trust in you that you are taking excelent measures to solve the mountain problems, May Allah Almighty bless you do this all to build the Nation. Inshallah you will succeed to build strong Pakistan. (Amin Sum Amin)

  20. i appreciate primr minister thinkigs that giving all students like me have no jobs after completion master degre,its a great oppurtinity for us

  21. asslam-0-alikum

    We appreciate our prime minister for the
    best improvement.

    its u universal truth that no one can get progress with out education.

    our poor students must be able to lern more.

  22. Respected sir,
    I AM SO POOR AND HAVE MA IN INTER NATIONAL RELATION GOT ALL MY STUDY AFTER MATRIC AS A PRIVATE STUDENT DURRING JOB I WANT TO DO MBA AND ALSO OWN BUSSINESS PLEAS HELP IN STUDY
    Regards

  23. Ager iterst free he to please koi apply krny ka treeka bi bta de please.

  24. aoa its a good for poverty reduce. but the criteria should be very neat and clean . merit should be first priority God bless u Mr. PM of Pakistan

  25. salam
    we appreciate the PM scheme but their is no news for kpk students and specially for DIR and SWAT students because these areas were greatly affected during war and terror. and also the peoples of these affected areas are neither the sons of land lord nor rich peoples. plz kindly also mention such areas. thanks PM pakistan.

  26. AOA i m a student of pharm D … i want to get loan for my studies bcz my parents cannot offord it…….plZ plz PLZ HELP ME….and i also need a laptop for making assingments and presentation.

  27. plz tell me on this number 03225540615

  28. All these schemes are excellent and surely would bring change in the society. The only point that needs to be taken care is appointment of team for implementation .The team should be headed by a competent, honest and visionary professional, who should make all decisions on merit only.

  29. assalamo alikum,

    dear sir im am MA and i want to help for bussiness and study kindly help me and detail for apply and resum for scheem
    my number is 03027889343

  30. nice,,,,,,,, weldone 4 for this amazing scheme……..

  31. magar kindly yeh inform kardijeaga k yeh sirf punjab me hoga ya sindh me bhi,,,,,,, ku k sindh me bhi insan he rehte hen,,,,,,,,,,,,,,

  32. Sub se pehlay tu aap ko 3rd time pm bannay pur mubarik
    Sir sehat kai baray mai aik mushwara hai 25 year se 40 year tuk ka medical card bunwa kur un kai zaroori blood test hur 3 month baad kurwa diya karain govt ki turf se lab collection centre khulwa kur,plz sehat kai baray mai sub se ziada dhiyan dain.Jaan hai tu jahan hai is kai ilawa aur bhee buhat se ideas aap se share kurta rahoon ga

  33. loan ke apply ky lya kuch reserve danay hoon gy?plz tell me ?

  34. assalamo alikum

    Respected sir,
    be pleas application farm online bhi donload hone chahiay r bnk m b lekin bnk wale croption m krte hen thanks

    Regard me in prayers

  35. This is a good scheme by the prime minister of pakistan ..but the question is how students can approach it !!!!!

  36. this scheme is vry valuable for those who are jobless.
    plz tell me how i apply for loan,
    thankx

  37. salam
    we appreciate the PM scheme but their is no news for kpk students and specially for DIR and SWAT students because these areas were greatly affected during war and terror. and also the peoples of these affected areas are neither the sons of land lord nor rich peoples. plz kindly also mention such areas. thanks PM pakistan. -

  38. All these schemes are excellent and surely would bring change in the society. The only point that needs to be taken care is appointment of team for implementation .The team should be headed by a competent, honest and visionary professional, who should make all decisions on merit only -

  39. i realy appreciate the PM scheme , this is the very valueable for those who are jobless

  40. I need to know the procedure how to apply to get the INTEREST FREE loan. I shall appreciate your early response in this matter so things can be moved further.

    This is for sure I will re-pay the complete loan on easy installments.

    Regards.

  41. R SIR,

    ITS A NICE PROGRAM BUT THERE SHOULD BE NO LATE FOR THE LOAN IN 2014

  42. Aslam-O-Alikum Respected PM Sahb:

    Sab sy pahly hum ap ke is appriciation ka sukirya ada karty hain…. Mujy Labtop Scheme ka apply karny ka proper Tarika Kar bata dain.. Taky hum b is scheme sy mustafeed ho sakain… Or main ya be Janna Chahti hun ka kya Virtual University ka Students is Scheme k liyay apply kar sakty hain? Or Kindly Form b Upload kar dijy taky hum easily apply kar saken…
    Thanks & Best Regards!
    JAZAK ALLAH

  43. Slam dear ,
    I want to know that how i apply for interst free loan n what iz the method for reversl that loan . . Plz guide me about this scheme or tel me that where i got the info about this . . Thnx

  44. I need to know the procedure how to apply to get the INTEREST FREE loan. I shall appreciate your early response in this matter so things can be moved further.
    This is for sure I will re-pay the complete loan on easy installments.

  45. sir plz help me and give me a lap too for my patitional cram. i am the lerner of LL.b class 2. plz make me shure for a lap top.

  46. i need loan plz guide me how to apply

  47. i need loan plz guide me.

  48. Dr.Nadeem a tamimi

    I appreciate the effort of Prime Minister Mr. Nawaz Sharif. it is giving energy to youth and generate employment. With best of my experience about 30% of total amount will goes into the bad debit. the remaining 70% amount will increase GDP and flourish other macro economic variables. in the long run, due to multiplier effect it will bail out the economy from recession, if nawaz shrif will take the next government.

    Dear its time to appreciate all effort for development of Pakistan. International power are putting our energies into the wrong direction. May Allah Help us AMIN pl SAY AMIN

  49. Well, Prime Minister is interested in betterment of educational system. A appreciation should be there on the revolutionary step taken by PM Nawaz Sharif.

  50. AOA I passed b com in first division and i should admission in m com but i am so poor my parents cannot affords admission fees and others expenses so please help me thanks

  51. AOA I passed b com in first division and i should admission in m com but i am so poor my parents cannot affords admission fees and others expenses so please help me thanks please inform me in this no 0346 8679208 or 0345 0119593

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