For Prime Minister Nawaz Sharif’s address to the nation; click here……
ISLAMABAD: Prime Minister Nawaz Sharif will announce six schemes for youth including Qarz-e-Hasna scheme at 7:15pm today (Saturday) in his second address to the nation since his election to the office of prime minister in June.
The reports said that 350 billion rupees has been allocated for Qarz-e-Hasna scheme of which 50 percent will be granted to female students with zero percent markup.
While around 2.5 to 5 million youngsters would benefit from the scheme over the next five years.
It is expected that the prime minister will also announce easy loans for people up to 35 years for small business with eight percent markup of which large amount would be paid by the government. For easy loans, the federal government has earmarked 5 billion rupees for the current year.
According to the details, 50 percent of these loans would be given to women.
==Tags==
Qarz-e-Hasna scheme
Easy loans
Schemes for youth
