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Business & Finance

Govt reopens application receiving process for Kamyab Jawan Program

  • The eligible youths can apply for a loan by visiting the Kamyab Jawan portal kamyabjawan.gov.pk
Published November 9, 2020 Updated November 9, 2020 11:25am

The government has re-opened the application receiving process for Kamyab Jawan Program (KJP), under which applicants will be provided loans under soft and easy conditions.

The provision of subsidized business loans is aimed at uplift of the youth by offering opportunities to utilize their entrepreneurial potential to the fullest.

Under the scheme which is an initiative launched under the umbrella of Prime Minister Kamyab Jawan Programme, the government under an ambitious plan has allocated a hundred billion rupees to give loans to youth having the requisite business plans and skills.

As per Special Assistant to Prime Minister on Youth Affairs Muhammad Usman Dar the scheme has huge potential to enhance business activities in the country and create employment opportunities as well.

Under the scheme, a 25 percent share of the loans is reserved for women entrepreneurs. Back in August, the government announced to enhance the scope of the Kamyab Jawan Program by increasing the maximum limit of loan from Rs5 million to Rs25 million.

The eligible youths can apply for a loan by visiting the Kamyab Jawan portal kamyabjawan.gov.pk

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