Low-margin loans for young people under the “Kamyab Jawan programme”


MULTAN (APP): The Small and Medium Enterprises Development Authority (SMEDA) in collaboration with e-Library organized a sensitization session on the “Kamyab Jawan Programme” initiated by the current government to provide easy loans to young people qualified to enable them to run their own business. The head of SMEDA, Multan region, Sana Burana, during the sensitization session, said that the incumbent government provides loans to young people ranging from 0.5 million rupees to 5 million rupees with the highest margin. low of 6% for an eight-year period. She said SMEDA could help qualified youths get loans from the National Bank of Pakistan, adding that the government would provide loans to those who submit viable business feasibility proposals. About the eight-year term for the repayment of these loans, she said that the bank would not demand any amount in the first year after the loan was granted, as it would be a grace period. “But later an easy installment would be paid in the next seven years.” Sana said SMEDA would help young people make feasibility proposals to get loans and run businesses. She said loans of up to five lac rupees were available without mortgaging any property and could be obtained after personal guarantee. There were nearly 200 different business proposals available with SMEDA and qualified young people are expected to take advantage of the Kamyab Jawan program initiative, it was learned. Initially, about 30 qualified people would receive a four-day capacity building training by the National Bank of Pakistan and the trained people would receive loans soon after.

Speakers pay rich tributes to the martyrs of the homeland

BAHAWALPUR (Staff Reporter): Speakers at a seminar held at the Islamic University of Bahawalpur (IUB) on Wednesday as part of Defense Day paid rich tributes to the sacrifices of martyrs for the homeland. The Vice Chancellor of the Islamic University of Bahawalpur, Engr Prof Dr Athar Mahboob chaired the seminar while the Sector Commander, Desert Rangers Brig. Rashid Minhas was the main guest. Addressing the seminar, former parliamentarian Syed Tabish Alvari, senior journalist Shaukat Ashfaq and the chair of the political science department, Dr. Mussavair Hussain Bukhari, highlighted the significance of the day. Paying rich tributes to the martyrs paid to their mother, the speakers said that the people of Pakistan always stand by their armed forces who are defending the country. The zeal and fervor of the 1965 war are still alive in the country when our forces defeated the aggression of the enemy who was ten times greater in numbers and resources, they added.

LHWs protest Muharram’s security duty

SARGODHA (Staff Reporter): Hundreds of Lady Health Workers (LHW) staged a protest outside the office of the CEO of the District Health Authority against the fixing of their duties during Muharram. LHW protesters shouted slogans and blocked the road as many passed out due to the extreme heat and humidity during the protest. The LHW was of the view that they were already doing ground duties during the anti-polio campaign and now they have handed over security to Muharram which is totally unfair to them. They said they were human beings too and they couldn’t work like animals. They said the district administration had deployed them in elections and all kinds of general tasks in the past. They asked the Prime Minister, Governor and CM of Punjab to take note of their grievances.


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