PTI government launches one of the largest ever loan programme for Pakistani youth
The government has allocated Rs100 billion in the first phase of the Kamyab Youth Programme.
This was revealed by Special Assistant to Prime Minister on Youth Affairs and PM Youth Programme Chairman Usman Dar while speaking at a cheque distribution ceremony under the programme at the Faisalabad Chamber of Commerce and Industry (FCCI) on Monday.
“The government is fully committed to providing easy access to capital for citizens aged 21 to 45 years so that they can exploit their entrepreneurial skills and strengthen the national economy,” Dar said, adding that the programme would also generate one million jobs for the youth.
He regretted that micro, cottage and small and medium enterprises (SMEs) faced a continued crisis due to lack of focus on these segments in the past, adding that Prime Minister (PM) Imran Khan was contemplating over setting up a full-fledged textile ministry to focus on the SME sector.