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
For more information, contact:
Principal Information Officer,
Press Information Department (PID)
Tel: +92-51-9252323, +92-51-9252324
Fax: +92-51-9252325, +92-51-9252326
Email: piopid@gmail.com
Website: www.pid.gov.pk