Prime Minister Nawaz Sharif on Saturday said the Prime Minister’s Youth Loan Scheme is being launched for the youth without the discrimination of Muslims and non-Muslims.
The PM said that father‚ mother‚ brother or any blood relative can give guarantee for the loan.
Nawaz said that he is fully convinced that the youth would play their role in progress and development of the country as they have the spirit‚ resolve and determination to put the country on road to progress.
Addressing a function in connection with the youth business loan, Nawaz said that the scheme would result in alleviating poverty and creating job opportunities.
He said that a vast population of the country would benefit from one hundred billion rupees youth business loan scheme. He said that at least five hundred thousand people will get this loan during next five years.
He said that this is just a modest beginning and the government wants to enhance this amount during next two to three years.
The PM said that he would visit every divisional headquarters to listen to the youth.
Nawaz said, “We should learn from the past and look towards future.”
He said that those countries which do not deviate from constitution and law make progress and development.
Nawaz said that the government had fulfilled its election promise by launching the Youth Business Loan Scheme to make the youth self-reliant financially.
The PM said that an amount of Rs 100 billion has been allocated for the scheme. He said the government was paying special attention to solve the problems of less resourceful young generation.
He said, “Our youth is very energetic and possesses many skills to make the country prosperous.”
The PM said the scheme would not only provide employment to youths‚ but also take the country forward and eliminate poverty.
Blood relatives can give guarantee for youth loan: Nawaz
