Prime
Minister Imran Khan Kamyab Jawan Programme has broken all previous records as
it became the trending topic on the internet. Millions of people visited the
website and applied for the Programme.
Special Adviser to Prime Minister on Youth Affairs Usman Dar shared some stats
which says that 259,767 online applications have been received for the loans
under Kamyab Jawan Programme.
Imran Khan
was very confident as he announced this new initiative for the youth of
Pakistan, he said “Rs10bn
will be used for teaching skills to 100,000 young people. Under the programme,
the prime minister announced, 100 labs will be established for distance
learning.”
“The
programme will also arrange internships through which 25,000 young people will
be connected with industries,” He added, “2,000 teachers will be sent abroad
for international-level training.”
The
application for Kamyab Jawan Programme can only be submitted online. It is very
easy for people to apply in a few minutes while sitting at home instead of
standing in long lines outside banks like in the past. Here is the eligibility
criteria for the loan announced by the government,
·
Only Pakistani citizens who have the ID
card can apply for loans under Kamyab Jawan Program.
·
The age limit for a loan application is 21
to 45 years at the time of application submission. However, young people who
want to start a business related to IT or e-commerce has to be at least 18
years old.
·
There is no minimum educational
qualification requirement but for those who are applying for business, they
need to have a certain degree, diploma or certificate.
·
The government has set a 25 percent quota
for women, which would be Rs25bn from 100 billion Rupees programme.
·
A Person who is an employee at a private
firm can also apply.
·
Startups and small business enterprises can
also apply.
·
Every person from the same family can apply
for a loan individually.
·
A person can only get a loan for once.
·
A guarantor of someone’s loan application
cannot apply for himself.
·
Any family member or relative cannot be a
guarantor.
·
A person can only be a guarantor for only
one loan application, not more than that.
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