Islamabad; Prime Minister Nawaz Sharif has been given the approval of loan scheme to young’s till 200,0000. 45 years old males and females will be eligible for business scheme while 50% qouta will be allocated for females.
National Bank and First Women bank will work on this project while other banks can include in this after the approval of business plans.
Prime Minister Nawaz Sharif said that government will help to make self sufficient of talented and unemployed young’s. In the process of providing loans will make sure to transparency, in loan scheme any political and management intervention will not be bear.
According to the loans scheme project loans will be given to three lakh young’s. During meeting told to the Prime Minister that from this project one crore peoples will get benefit.
Finance Minister Ishaq Dar, Federal information Minister Pervez Rasheed, Prime Minister’s secretary Javed Aslam and senior persons participated in the meeting. Loans will be provided from 5 lakh to 20 lakh. Rate of equity will be 90:10 with the year term.