Islamabad, January 12, 2018 (PPI-OT):Prime Minister’s Youth Programme is a revolutionary programme of the Government for the socio-economic development of youth in a bid to combat soaring unemployment in the country. It has a broad canvas of schemes aimed at enabling youth and poor segments of population, to get good employment opportunities, secure economic empowerment, acquire skills needed for gainful employment, have access to higher education and IT tools, access to on-the-job training/internship for young graduates to improve the probability of getting a productive job.
PM’s Youth Programme is running six different schemes, namely PM’s Youth Business Loans Scheme, PM’s Interest Free Loan Scheme, PM’s Youth. Skill Development Programme, PM’s Laptop Scheme, PM’s Fee reimbursement Scheme, PM’s’ Youth Training Scheme.
Launched in September 2013, it has left an indelible impression on the socio economic landscape of the country in different sectors ranging from poverty alleviation to entrepreneurship development, and from skill development to internship opportunities for the talented youth.
Performance of PM’s Youth Programme S# Scheme Beneficiaries 1. PM’s Youth Business Loan Scheme Number of Cases Disbursed 20,499 Disbursed Amount Rs. 20.52 Billion Recovery Rate 91% 2. PM’s Interest Free Loan Scheme Disbursed Cases 401,120 Disbursed Amount Rs. 9.5 Billion Female Borrowers 64% BISP Beneficiaries More than 60,000 Recovery Rate 99% 3. PM’s Youth Skill Development Programe Total Trainees (2014-2017) 100,000 4. PM’s Fee Re-Imbursement Scheme Total Beneficiaries (2013-2017) 199,559 Amount Paid Rs. 6.8 Billion 5. PM’s Youth Laptop Scheme Total Laptop Distributed (2014-2017) 300,000 6. PM’s Youth Training Scheme Total Interns Under Phase-I and II 95,028
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