The Kamyab Jawan Program is an initiative that was introduced by PM Imran Khan. This program aims to provide quality education, meaningful employment, and integrated youth initiatives. Learn more about the Program and what it entails. You can also read about the loans that are available under the program.
Initiative of PM Imran Khan
The Initiative of PM Imran Khan Kamyaab Jawan Program is a major project aimed at providing youth with financial and technical assistance. Its goals include the creation of a national youth council, establishing over 5000 retail outlets across the country, ensuring quality education, providing scholarships and creating a skill development program. This project is also aimed at promoting youth employment.
In an address at the event, Prime Minister Imran Khan recalled the words of Quaid-i-Azam Mohammad Ali Jinnah. He also pledged to bring about a meritocracy and eliminate corruption. He told the gathering to “dream big” and cited the example of the Holy Prophet (PBUH). The Prime Minister said that Pakistan will be a place where people can live in peace, love and harmony. Moreover, the prime minister said that there would be no discrimination against minorities, religion or creed. He also stressed that change does not happen overnight, it takes time. In closing, he urged youth not to underestimate the power of truth.
Under the leadership of PM Imran Khan, Pakistan is restoring its credibility among world nations. After years of corruption and looting, the country is now moving in the right direction. Unlike the previous government, the current government is using transparent and financially prudent mechanisms to implement its initiatives. The Kamyab Jawan Program aims to empower youth and provide them with opportunities for employment.
The Initiative of PM Imran Khan Kamyaab Jawan Program will provide youth with free access to sports facilities and educational opportunities. As a result, Pakistan’s youth will be able to compete at international level. The Sports Drive will also establish centres of excellence to polish the skills of Pakistani youth. The new sports policy will also help the country rid itself of the mafia that has plagued the country’s sports system.
Schemes
The government has introduced a scheme to help young Pakistanis finance their startup business. It is called Kamyab Jawan and offers interest-free loans up to Rs 50,000. The scheme is designed to create jobs for up to 10 million youth in Pakistan. It also provides subsidized loans to existing startups.
Imran Khan has encouraged the young generation to take advantage of this opportunity. The government has allocated PKR 100 billion to fund Kamyab Jawan Schemes and will provide 170,000 scholarships for skill development. In particular, 50,000 scholarships will focus on the development of hi-tech skills including artificial intelligence and big data. The program will soon be expanded to reach out to more young people and provide them with the necessary training to succeed in their chosen career paths.
The government has also decided to merge the flagship Kamyab Jawan Programme with the Kamyab Pakistan Programme. The new initiative will be led by the Prime Minister’s Office. It will be administered by the Special Assistant to the Prime Minister for Youth Affairs. The Finance Division intends to support the new initiative and ensure that more funds are allocated to flood-affected families.
The Kamyab Jawan Programme registration process can be completed completely online. No physical forms are required. To register, applicants should fill in all the required sections of the online form. The online form will prompt them to select the type of loan they are applying for. Next, they should choose the bank they want to get the loan from. The online system will choose the nearest bank branch for them. Finally, they should make sure to enter their CNIC accurately. An incorrect CNIC could result in rejection of the application.
Under the Skills For All Programme, the University of Lahore offers free courses. The application deadline for these courses is March 23, 2021. In addition, NAVTTC provides free courses from 3 months to six months.
Projects
The Kamyab Jawan Program projects aim to empower youth in Pakistan by providing them with the necessary skills to work in the field of their choice. The project aims to establish youth development centers in 108 public sector universities to support over two million university students in their career development. The centers will provide career counseling and various opportunities for students.
The program’s aim is to train youth in different technical fields. It is also aimed at addressing the problem of youth unemployment in Pakistan. The initiative will launch an internship program in the near future for the youth to help them establish their own small businesses. This will provide them with practical knowledge on entrepreneurship and its socioeconomic impact.
The project is part of the government’s ongoing efforts to improve education in Pakistan. Since 70 per cent of the population is below thirty years old, the government is making an effort to improve educational opportunities for youth. This project, known as Kamyab Jawan Skills for All, will provide youth with skills that will help them become independent and successful businesspeople.
The Kamyab Jawan Program has a long list of projects and schemes. These include education schemes, skill scholarships, and online courses. The program has helped over twenty thousand young people establish small businesses in Pakistan. It also offers a wide range of loans for entrepreneurs. The loans are divided into three tiers: low, intermediate, and high.
The government is also introducing several pro-people initiatives to improve the lives of people living in low-income regions. These initiatives are aimed at making citizens more independent and creating sustainable models of development. The Kamyab Pakistan Project is one such initiative. Moreover, it will provide microloans to small entrepreneurs and small businesses. The government has allocated PKR 1.6 trillion for these projects.
Loans provided under the scheme
Under the Kamyab Jawan Program, the government is providing loans to eligible entrepreneurs. The government is providing between Rs500,000 and Rs2 million to each applicant. The loans have two tiers of disbursement: one tier grants to applicants who are financially strong and have a stable income, and a second tier grants to applicants who need more money.
The Kamyab Jawan Program provides loans to Pakistani youth who are interested in starting a new business or expanding their existing business. It was launched three weeks ago and has already received over one million applications. The State Bank of Pakistan has sent detailed instructions for the application process and payment of the loans. The loan amounts for Tier I are up to Rs. 0.5 million, while those for Tier II and higher are up to Rs. 2 million.
The government has set a target of disbursing fifty billion rupees through the Kamyab Jawan Program this year. The aim is to promote entrepreneurship among youth and create employment opportunities in the country. In the past two years, the government has disbursed thirty billion rupees under the program, which has helped start twenty-two thousand businesses and created nearly fifty thousand new jobs.
The loans provided under the Kamyab Jawan Program are available to Pakistani citizens with CNIC. These individuals can apply for PMKJ-YES if they are 21 to 45 years old and have an existing business. The age limit is lower for sole proprietors and IT/E-Commerce related businesses. The application form for the T1 loans is in English and Urdu, and is structured in a simple format. The loan application process will take approximately 30 days.
Maximum tenor of loan
The PMKJ-YES scheme of the Prime Minister’s Kamyab Jawan Program has been introduced with the aim of enhancing the potential of youth and providing self employment opportunities. The scheme was developed in collaboration with the State Bank of Pakistan and provides considerable potential for individuals and small businesses alike. The scheme is designed to provide financial assistance to people with a proven entrepreneurial ability to establish new businesses.
This scheme is supported by the National Council of Information Technology (NCIT) and has a maximum tenor of up to 50 years. The interest paid on these loans will be paid by the government of Pakistan. This scheme will help the youth to establish new businesses or enhance existing ones. It is designed to provide affordable finance to start a small business. The loan amount can range from 100 to 50 thousand rupees.
The PMKJ-YES loan facility has been increased by the government. It is now possible for unemployed youth to access up to Rs25 million and small and medium businesses to receive loans up to Rs5 million. The State Bank of Pakistan has circulated a circular explaining the new changes to the Kamyab Jawan Youth Entrepreneurship Program.
Loan application forms are available in English and Urdu and should be filled in fully. After the loan is approved, the applicant will be required to provide a cash contribution or a property as an equity. Applicants must ensure that they have a mechanism in place to ensure the loan is used wisely and properly.
