Pakistan Today

CM to distribute Rs14b interest free loans

Punjab Chief Minister Muhammad Shehbaz Sharif has said that his government will spend each and every available resource to educate and empower the youth – the valuable asset of Pakistan as the country’s future relies on them.

The Punjab government has initiated many revolutionary programmes for the progress and development of youth and by empowering them we are moving towards achieving the goals of progress and prosperity, he said while talking to the delegation of PML-N who called on him on Sunday.

The chief minister said that under the “Chief Minister Self Employment Scheme” interest free loans are being provided to the youth and with the introduction of this scheme, lives of hundreds of thousands of families have been transformed. He said that interest free loans worth 26.5 billion rupees have so far been distributed under this scheme and 1.3 million families have benefitted from this programme.

The chief minister said that in the coming two years interest free loans worth 14 billion rupees will be distributed which will benefit 0.7 million more families. Likewise, “Chief Minister E Employment Scheme” is another revolutionary program of Punjab government which has provided modern education to hundreds of youth. The chief minister said that under the Skill Development Programme special attention has been paid to train unemployed youth of Pakistan for acquiring productive skills for gainful employment and we are moving fast towards achieving the target of training 2 million youth till 2018.

With the help of Skills Development Programme, we are able to resolve problems like poverty and unemployment in the country. The chief minister said that those who are against the progress and development of Pakistan are also not happy with the introduction of development programs for the youth of this country. Our youth is fed up of those who made tall claims of promoting young leadership but had done nothing to empower them.

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