Christians & Other Religious Minorities Religious & Political representatives must follow up and list down the minority's young candidates who applied & yet to benefit from Government's Youth Loan Scheme to assess the claims of transparency and slogans of equal opportunities for Christians & other Religious Minorities in Pakistan .
On various news channels and social media sites it is stated that around 200,000 to 300,000 budding entrepreneurs are likely to get benefit under the Youth Entrepreneurship Scheme (YES), a component of the government’s flagship Kamyab Jawan project launched to offer soft loan facility to those having workable business ideas.
“Only 15 to 25 per cent of the total applicants may get the concessionary loans under the ‘YES’ as it seems that some 50 to 60 per cent apparently are going to be rejected, ” Special Assistant to the Prime Minister on Youth Affairs Usman Dar informed while highlighting the current statistics of the loan scheme.
YES was launched under the banner of Kamyab Jawan Programme in October last year under which Rs 100 billion allocated for the youth and loans ranging from Rs 100,000 to Rs 5 million is to be disbursed among the youth coming up with practicable business ideas.
“Some 1.3 million youth applied for the loan scheme in merely 15 days which brings it into international spotlight as a team of the United Nations has discussed this Kamyab Jawan programme for attracting such a large proportion of youth.”
The scheme is almost in the launching process as the applications are being scrutinized and verified by making phone calls, doing Smart Message Service (SMS) and carrying out a third party verification of the applicants.
Government claims that the allocated money belongs to youth and would be spent on deserving ones. He said the loans would be distributed on equitable basis as Rs. 25 billion had been dedicated for the women under YES exclusively.
Initially, the soft loans would be distributed in Sindh and then extended to the other provinces,“Prime Minister Imran Khan will distribute loan cheques among the successful applicants of the Youth Entrepreneurship Scheme (YES) from Sindh on January 27th.”
I'm aware that many young boys & girls belonging to Christians & Other Religious Minorities communities also got excited and applied for loans in this scheme. As per procedure they also received SMS on their cell numbers which stated that soon related banks are going to contact them. But so far none of the ones i know received any phone call from related bank or government's loan officer.
Therefore i urge Religious & Political representatives belonging to Christians & Other minority communities in Pakistan to gather information and list down total number of minority's youth who applied for loans and received confirmation messages and keep an eye on the fact that how many are going to be included among the final beneficiaries.
Let's wait for the outcome and see how Government implements this program.
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