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Friday, 6 December 2013

Youth business loan scheme announced by PM



GILGIT: Prime Minister Nawaz Sharif has announced the launch of a business loan scheme aimed at the youth. Under the scheme loans of up to Rs 2 million will be given on easy installments.

Addressing party workers in Gilgit Baltistan, Prime Minister Sharif said the youth business loan scheme was being started with a fund of Rs 100 billion and forms will be available in the next few days. Under the scheme, those between the ages of 21-45 will be able to apply for loans.

The prime minister clarified that an education was not a prerequisite for the loan and those using this facility can use it towards enhancing their career and the development of the nation.

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