CM [KP] Launches Loan Scheme Internship Program: Know The Eligibility!
Here is the latest update about the Youth Internship Program and Ehsaas Youth Program, which began on Friday, November 8th, at CM KP’s house in Peshawar, to promote self-independence among the young people. CM Ali Amin Gandapur has set up the vision of providing soft loans of RS 50,00,000 to a group of three to five entrepreneurs to set up new businesses and allow interns to be employed. The online web portal was introduced at the meeting for the loan registries to make it comfortable and viable for applicants at home.
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Here are all the essential keys for the readers associated with the Youth Internship Program and Ehsaas Naujawan Program. Our blog summarizes the trainee’s eligibility criteria and all the updates related to these overwhelming Programs!
Also Read: Ehsaas CNIC Check Online
KP CM Launches Loan Scheme Internship Program
The campaign Youth Internship Program has been set in motion by the Khyber Pakhtun Khwa Government to provide jobs to the internees across KPK. The program will give job chances to 400 trainees every year, the desired number set by the government is to serve 1,200 interns in three years with salary packages of up to 25,000. While the time of the internship will be 3 months.
خیبرپختونخواہ حکومت کی جانب سے خیبرپختونخوا میں انٹرنیز کو ملازمتیں فراہم کرنے کے لیے مہم یوتھ انٹرن شپ پروگرام شروع کیا گیا ہے۔ یہ پروگرام ہر سال چار سو ٹرینیز کو ملازمت کے مواقع فراہم کرے گا۔ حکومت کی طرف سے مقرر کردہ مطلوبہ تعداد تین سالوں میں بارہ سو انٹرنز کو پچیس ہزار تک کے سیلری پیکجز کے ساتھ پیش کرنا ہے۔ جبکہ انٹرن شپ کا وقت 3 ماہ کا ہو گا۔ انہوں نے اپنے الفاظ میں مزید کہا کہ اب وقت آگیا ہے کہ پی ٹی آئی کے چیئرمین عمران خان کے آنے والے نوجوانوں کو طاقتور خود ارادیت اور مالی طور پر خود مختار بنانے کے عزائم پر عمل کیا جائے!
He added in his words that now is a time to act upon the ambition of the PTI Chairman Imran Khan to make the upcoming youth powerful self-determined and financially independent!
4 Touchstones For Eligibility Criteria Of KP Internship Campaign
The students belonging to KPK have to meet the touchstones of eligibility criteria for getting traineeships from the Youth Internship Program The main protocols that the candidate has to fulfill are:
The CM Ali Amin Gandapur while addressing the council added that after finalizing the traineeship the interns will be equipped with permanent jobs in Public and private institutes with good compensation packages so the employees will be financially stand on their feet as this plan also works for the prosperity and liberation of the citizens.
Ehsaas Naujawan campaign By KPK Cheif Minister
The CM Gandapur has officially started the “Ehsaas Naujawan Programme” envisioned to empower the youth of KPK. This campaign issues soft loans of up to 5 million to a group of 3 to 5 people to set up their businesses instead of 4-grade employment jobs.
The CM Ali Amin has launched the online portal https://ehsaasnaujawan.bok.com.pk for online applications.
The imposed investment is worth 3 billion rupees which will be implemented in three years. The KP gov has committed the Bank Of Khyber and Akhuwat Islamic Microfinance Institute for the allotment of the loan payments. The project has been categorized into two distinctive parts.
Loans Limit From 100,000 to 500,000
The first part of the program has a portion of over 2 billion rupees and provides loans ranging from 100,000 to 500,000 to a group of 3 to 5 people to roll up the small business. The Akhuwat Microfinance Bank and Department of Youth Affairs will transmit the loans to the eligible people.
The applicant’s age should from 18-40 years to apply for this program. The goal is not to provide low-level jobs to youth instead the government wants that individual to own the business whether on a small scale so the youth will be independent and financially stable.
15% Quota Set-Aside For Women:
A quota of 15% has been allocated for women in KPK so that they can start the low scale businesses from their homes overcome their financial crises and make good wages to support their children and families.
From 1 Million to 5 Million Soft Loans Implementation
The second module of the Government Youth Program sanctioned zero-interest loans ranging from Rs1 million to Rs 5 million will be offered to three to five young people with the support of the Bank Of Khyber (BOK). Through this aid, the resident can build a wide business with multiple ideas and stand on their feet.
The age limit set for applicants of these loans is between 18 to 35 years
CM Gandapur Nujawan Rozgar 8 Years Repayment Plan
The time frame set for the repayment of loans is repayable within 8 years with the easy installment. But remember the first 20 months will be the buffer period for new businesses to uplift their business growth. So there is no need to pay the lent money in this era.
Conclusion:
The KP Youth Internship Program and Ehsaas Naujawan Program, launched by Chief Minister Ali Amin Gandapur, offer various job and business opportunities for the youth of Khyber Pakhtunkhwa to achieve self-independence and financial empowerment. Interest-free soft loans up to 5 million rupees, special quotas for women, madrassa students, and minorities. The KP chief minister also mentioned that these steps are taken for the youth’s empowerment and the country’s progress and development.