ISLAMABDA, Pakistan: The Prime Minister’s Special Assistant on Youth Affairs Muhammad Usman Dar has said that the federal government intends to extend maximum support to Small and Medium Enterprise (SME) sector both financially and technically under Prime Minister’s Kamyab Jawan Programme.
“Development of SME sector is a key to economic turnaround of a developing country like Pakistan. It not only creates large number of employment opportunities but also contributes significantly towards the exports and GDP growth,” Usman Dar said on Thursday while presiding over a meeting with a delegation of SMEDA (Small & Medium Enterprises Development Authority) led by the Secretary Industries & Production.
The meeting discussed the role of SMEDA in educating and handholding SME sector borrowers under the proposed Prime Minister’s Kamyab Jawan Programme.
This flagship initiative of the government will not only promote SME sector in the country but will also create one million employment opportunities for the youth.
It was decided in the meeting that SMEDA will identify top 25 SME business ventures as per latest trends in the job market both locally and internationally.
It will also develop their viable prefeasibility reports to educate and facilitate the potential entrepreneurs, and provide training in business development cycle.
Usman Dar appreciated the efforts of the Ministry of Industries & Production, and SMEDA for the promotion of SME sector in the Country. He also urged upon them to put in their best for the economic empowerment of youth through creation of job under SME sector.
