Prime Minister Youth Welfare Schemes | Loans , Laptop Scheme and Financial Assistance

Addressing to the nation on Government Television Channel (Pakistan Television), Prime Minister Mian Muhammad Nawaz Sharif announced several welfare schemes for Pakistan youth. After successful Laptop scheme in Punjab, the government of Pakistan seems to be serious in welfare of Pakistan youth. In the very first address to the nation, PM announced several schemes including interest free loans for youth.  With allocation of twenty billion rupees (189.4 Million USD), PM has taken an initiative to create self-employment opportunities for the educated youth in regards to the fulfillment of election manifesto. The micro interest free loan will benefit 250,000 disadvantaged youngsters in Pakistan, and this small business targeted loans will benefit unemployed people in Pakistan.  The interest free loan scheme will specially benefit educated youth of Pakistan.

Nawaz Sharif

Nawaz Sharif

Loans under this scheme range from 500,000 to 2 million rupees at the concessionary markup of 8 percent while the rest of the interest will be paid by the government. These loans will be advanced by the state owned banks in Pakistan. Along with the financial loans, some other schemes are also going to be introduced such as training youngsters who have completed their 16 year education from the recognized institutes that will make them secure their job at home and abroad.

50% of the loans will be given to the female applicants, while the Youth Skill Development is offered to both male and female passed their Secondary School education (Class 8th) along with 5000 rupees per month as scholarship.

See more Loan Schemes in Pakistan

Financial Support for Master Degrees and Higher Education

Prime Minister has also announced schemes for supporting students from backward areas, in these schemes students from rural areas will be entertained via paying them the tuition fees for their education. The government will pay 40,000 annual fees of thirty thousand students of Master Degree and Higher Education. This scheme will cost 1.2 billion rupees to the government.

Prime Minister’s Laptop Scheme

PM Mian Nawaz Sharif has announced 4 billion rupees for the Prime Minister’s laptop scheme for provision of laptops to the intelligent students across the country. Under this scheme 100,000 students will be benefited. These laptops will be offered by Federal government, and the Provincial laptop schemes will be offered distinctly.

Prime Minister Nawaz Sharif has announced remarkable schemes for the Pakistan youth who can play a vital role in Pakistan’s economy and can bring Pakistan to self-reliance. This is a time for the youngsters to stand up and participate in the development and economic stability of their nation for the betterment of their home land, Prime Minister said “Stand Up with the aim to rewrite your destiny”.

 

27 thoughts on “Prime Minister Youth Welfare Schemes | Loans , Laptop Scheme and Financial Assistance

  1. Ayesha Aamir

    Assalam O Alaikum

    Respected Admin, Sir/Ma,am

    I need a loan for starting my business of boutique & ladies parlor… i have done my Graduation from AIOU and wana take in admission in Master but due to financial problem i am facing hurdle in my way to continue my studies, and facing lots of problems to run my home and supporting my parents,.. so kindly send me detail of interest free loan and criteria how to apply for this …
    Warm Regards
    Ayesha Aamir (Age: 26 years old)

    Reply
    1. admin Post author

      Thanks for Visiting PayPK, Prime Minister Nawaz Sharif has recently announced Micro Interest Loans for unemployed people in Pakistan. Soon, you will find details of how to avail such an opportunity. Please keep visiting PayPK.com for latest news on available loan Schemes in Pakistan.

      Thanks

      Reply
  2. Ayesha Aamir

    Thanks for replying Sir!
    Will you please send me detail of documentation for proceeding …

    Warm Regards
    Ayesha Aamir

    Reply
    1. admin Post author

      Thanks for visiting PayPK

      Please keep on visiting PayPK, we are in contact of several Companies offering student loan, and also doing a brief research on available loan schemes from Govt. Soon, you will get all the information on website.

      Reply
  3. FILZA MUGHAL

    Respected admin
    i need interest free loan for my education, i am a student of telecommunication engineering and my fees is 55000 per semester , due to financial circumstances i am unable to continue my education , kindly tell me how to apply for interest free loan scheme .
    Thanks

    Reply
    1. admin Post author

      Please keep on visiting Paypk.com here, you will find all the latest available loan schemes. Currently, you can contact National Bank of Pakistan for Student loan while in future there will b PM loan schemes will be available to acquire.

      Thanks

      Reply
  4. nazia butt

    salam i m teaching since 11 years in privatescjool now i heard about scheme i want loan 2 open my own school plz tell me vat is need 2 apply

    Reply
  5. AbdulRehman

    i am asking about the 40 thousand per year scholarship announced by the PM for higher studies.. please reply me if u have the details.. Thanks..!

    Reply
  6. asgher

    sir, i am disable & phd student please if you give LAPTOP than 2/ reserve please i request you must be implement
    thank you

    Reply
    1. admin Post author

      For Laptop Scheme, your College/University will proceed on behalf of you. But you should meet the criteria.

      Thanks for Visiting Us

      Reply
  7. m.shahid manzoor

    hi sir.
    you r doing great job for youth, i wana loan for me, how can i get loan and when u r going to start loan scheme?

    thanks

    Reply
  8. Faisal Raza

    sir i want to avail this loan when the pricedure of applayiny will strat sir plz tell me i realy need of this to start my work i have done Msc hons agriculture

    Reply
  9. M Hamid jeelani

    Asslam o Alaikum
    sir,
    main ne graduate mukamal kia huwa hai lakin aik gharib gharany sy belong krta ho .mujhe internship krna hai kyo k mera graduate commerce main hai pls meharbani kr k es gharib ki request pe ghor kia jay .

    Reply
  10. M.younas

    Salam to all i have finished my graduation but i’m unable to get higher education becouse of financial problem my family also rent a house and i wanna do my own job maximum i require 500000 if any1 gets information about it so plz sms me on ths contact 03332789797 i m in karachi. Tnx

    Reply
  11. Qasim Hasan

    i am a LLM student need loan for doing some business kindly forward complete procedure for obtaining this loan.
    thanks

    Reply
  12. majid

    Respected admin sir
    I need to loan for my education I am civil engineering student and my fee is 40000 rupees per semester. Due to financial sircumastance I am unable to continue my education. Kindly tell me how to apply for interest free loans scheme

    Reply
  13. Mughal Alam

    Sir, i want to start my business. kindly give the complete details about the procedure of getting loan .

    Reply

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