Prime Minister Imran Khan on Tuesday has approved to launch second phase of Kamyab Jawan Program. he aims to provide more opportunities to the youth across the country.
According to the details, Special Assistant to the Prime Minister on Youth Affairs, Usman Dar, called on PM Imran Khan to discuss matters related to Kamyab Jawan Program.
During the meeting, PM Imran directed Usman Dar to immediately launch the second phase of the Kamyab Jawan Program. The federal government also released Rs25 billion for phase 2 of the program.
The government has also increased the loan amount for phase 2 from Rs5 million to 20.5 million. The State Bank of Pakistan (SBP) has issued circular to all banks in this regard.
Moreover, the federal government has reduced the markup for the second phase from 6% to 3%.
On this occasion, Usman Dar said that youths under the program can now get a loan of Rs25 million for business purposes.
“Despite tremendous economic constraints the government allocated Rs100 billion for the youth of this country, the premier also increased the loan quotas from Rs5 million to Rs25 million,” said Dar.
He further added, “The government has brought the mark up to its lowest value in the country’s history along with allocating Rs30 billion for skilled based education.”
Earlier in May, Chief Minister Punjab Usman Buzdar called on Usman Dar and had discuss the progress of Tiger Force.
According to the details, Dar briefed CM about happenings of Tiger Force in the province, CM said that the youth of Tiger Force started joining in Public Service activities under idea of the Prime Minister.
The force is very dedicated and they are creating a new example of helping the coronavirus infected people.