ISLAMABAD
Government has set the target of disbursing loans worth fifty billion rupees under Kamyab Jawan Program this year to promote entrepreneurship amongst youth and create job opportunities in the country.
This was stated by Minister of State for Information and Broadcasting Farrukh Habib and Special Assistant on Youth Affairs Usman Dar at a news conference in Islamabad Saturday.
Farrukh Habib pointed out that loans of thirty billions rupees were disbursed under Kamyab Jawan Program over the last two years under which twenty-two thousand new businesses were opened. This, he said, provided fifty thousand direct jobs to the youth and indirectly led to creation of thousands of other jobs.
The Minister of State for Information and Broadcasting said startups are especially being promoted under Kamyab Jawan Program. He said a proposal will be floated in the cabinet for approval under which no guarantee will be sought from those acquiring loans up to two million rupees.
Farrukh Habib said under a ten billion rupees Skill for All Program, hi-tech certification is being provided to the youth in areas such as artificial intelligence, cloud computing, graphic designing and so on.
He said under this program, scholarships have been awarded to one hundred thousand youth whilst another sixty-one thousand will be provided on 31st of this month.
He said the government is targeting to enhance its IT exports to three billion dollars during the current fiscal year and this skill development program will help strengthen our IT exports.
In his remarks, Usman Dar said steps were being taken to support youth financially strong as well as to stand them on their own feet. He lauded Prime Minister Imran Khan for initiating Kamyab Jawan Programm as it would bring prosperity in the country.
He said Rs 50 billion would be disbursed under business loans schemes this year. Addressing a press conference, he said that in 2021 Rs 30 billion has been disbursed among 22,000 youth rest of the country.
He said Kamyab Jawan (KJ) program was providing equal opportunities to all skilled and unskilled youth for empowerment and running different projects including employment, education and engagement of youth.
Usman Dar was commenting over the achievements of KJ program, he said last year over 50,000 jobs were created directly and hundred of thousands indirect jobs alongside boosting the economy.
Through this program increased the number of hi-tech courses introduced for the first time in the history of the country, he added. He said the government was taking more steps to provide the technical education and training to the unemployment youth and create handsome jobs for them.
Usman said that FIFA certified international football coaches are arriving on January 17 to assist KJ in football talent hunt drive. He said Rs 4 billion projects for youth engagement have kicked off in collaboration with HEC.
The government was planning to launch talent hunt programme in various sector including sports, green youth movement, innovation league and establishment of KJ markaz in all public sector universities, he told.
SAPM underlined that 100,000 skills scholarships worth Rs 3.5 billion have been awarded in the phase 1 & 2 under Rs 10 billion’s for skilled for all project of KJ.
In phase 3, over 60,000 skill scholarships are being introduced on January 16 with the worth of Rs 2 billion, he informed. He said that around Rs 5 billion have been given in Sindh among 3,000 youth.
