Breaking News: CM Gandapur Announces Interest-Free Loans for Youth

Chief Minister (CM) Ali Amin Gandapur of Khyber Pakhtunkhwa has launched three major programs targeted at empowering the province’s youth. These projects aim to create jobs and assist young people in starting their enterprises. The KP government has finished the necessary preparations to launch the “Ehsaas Rozgar,” “Ehsaas Hunar,” and “Ehsaas Naujawan Rozgar” programs. These programs are intended to provide financial assistance to young entrepreneurs and skilled workers, allowing them to improve their economic situation and contribute to the region’s growth.

Finalizing the Ehsaas Programs

CM Gandapur has directed the relevant departments to complete the Memorandums of Understanding (MoUs) required for the prompt execution of these projects. The administration is dedicated to launching these programs as soon as feasible to serve Khyber Pakhtunkhwa’s youth. The government’s goal in offering financial help through these initiatives is to foster a supportive environment for young people to establish or grow their enterprises.

You may also read: Breaking News: KP CM calls for immediate implementation of Ehsaas Rozgars, Housing Programs

Join Our WhatsApp Group

Details of the Ehsaas Naujawan Rozgar Scheme

  • Soft loans up to Rs10 million for eligible candidates
  • Focus on starting new businesses or expanding existing ones
  • Encouragement of entrepreneurship among the youth
  • Financial support to reduce unemployment in the province

Support Through the Ehsaas Rozgar and Ehsaas Hunar Programs

In addition to the Naujawan Rozgar scheme, the “Ehsaas Rozgar” initiative will provide interest-free loans up to Rs200,000. These loans are meant for those who want to start or build a small business, giving them the financing they need to succeed. Similarly, the “Ehsaas Hunar” initiative will provide interest-free loans of up to Rs500,000 to competent youth. This program is specifically designed for young people with technological talents, allowing them to leverage their experience to develop successful businesses.

Ehsaas Apna Ghar Program: Housing Support for Low-Income Families

During the announcement, CM Gandapur also discussed the status of the “Ehsaas Apna Ghar” program. This effort focuses on giving housing assistance to low-income families in Khyber Pakhtunkhwa. This program would provide interest-free loans of up to Rs1.5 million for the building, restoration, or enlargement of residences. The program’s goal is to help worthy families improve their living situations by providing better homes and a higher level of living.

You may also read: Importance of BISP Re-Survey Before 31st August 2024

Conclusion

The comprehensive strategy followed by CM Gandapur and the KP government demonstrates their dedication to promoting economic growth and raising the living standards of the province’s youth and underprivileged households. The government assists young people in transitioning from job seekers to job creators by offering financial support through Ehsaas programs. These measures are expected to reduce unemployment while also contributing to Khyber Pakhtunkhwa’s general economic development. The emphasis on housing through the Ehsaas Apna Ghar initiative indicates the government’s commitment to improving the lives of its residents.

Leave a Comment