Dar urges youth to apply for loans under YES

Special Assistant to Prime Minister on Youth Affairs Muhammad Usman Dar has urged youth to apply for loans under Youth Entrepreneurship Scheme; an initiative launched under the umbrella of PM Kamyab Jawan Programme.

According to a press release issued at Islamabad today (Tuesday), he said the government has an ambitious plan of giving 100 billion rupees loans to young and aspiring youth having the requisite business plans and skills.

The SAPM emphasized that youth applying for loans under YES must have proper and workable business plans to enable them in approval of loans.

He said, the scheme has huge potential to enhance business activities in the country and create employment opportunities as well. Dar said 25% share of the loans is reserved for women entrepreneurs.

After reopening of applications for loans under YES, 56, 812 online applications, from across Pakistan, have been received to partner banks through www.KamyabJawan.gov.pk

 

Source: Radio Pakistan