Planning Minister Asad Umar launches startup programme for Pakistani youth

Planning Minister Asad Umar launches startup programme for Pakistani youth

ISLAMABAD - Minister for Planning and Development Asad Umar has said the youth, being the asset of the country, will be fully facilitated to start their businesses.

Addressing soft launching of Startup Pakistan Program in Islamabad on Monday, he said this initiative will create jobs and enhance economic activities in the country in an inclusive, scalable, and sustainable way. He said one million students will trained through 10000 startup programs by 2023.

Asad Umar said jobs are being created by small entrepreneurship in the world and Pakistan will be successful in it.

He said the youth should adopt "think big start from small" approach for success. He said this program will be expanded across the country.

Addressing the event, Special Assistant to Prime Minister on Youth Affairs Usman Dar said that this program will make the trainees job providers not job seekers.

He said this program offers funding, mentorship, training, and a variety of perks and benefits with the aim of providing entrepreneurs.

He said one million youth applied for the loans under the Kamyaab Jawan program in the first fifteen days of the launch.

Of these, about six hundred thousands were those who wanted to start a new business. This program is also unique as about two hundred thousand females have also applied for the loan.

The Special Assistant said Prime Minister will soon distribute cheques amongst the applicants.

Usman Dar said the government is also introducing Skill for All and Internship programmes to enable the youth stand on their feet. He said job opportunities will be created both in the government and the private sectors.