Alvi for facilitating AJK, GB youth to benefit from PM's scheme.

ISLAMABAD -- President Dr Arif Alvi on Wednesday emphasised the need for guiding and facilitating youth of the country, particularly from Gilgit Baltistan and Azad Jammu and Kashmir, to benefit from the Prime Minister's Youth Entrepreneurship Scheme (YES).

The president made these remarks while chairing a meeting here at Aiwan e Sadr to help address the issues being faced by the youth of AJK and GB in getting loans.

In order to empower the youth financially, he said that Prime Minister's Kamyab Jawan Programme offered tremendous economic opportunities and the youth were required to capitalise on them by availing loans to establish their businesses. SAPM on Youth Affairs, Muhammad Usman Dar briefed the meeting about the loans disbursed under YES. The meeting was apprised that Rs 19.1 billion had been disbursed among the youth, out of approved loan of 26.2 billion, to establish their businesses.

It was further informed that that YES had created more than 30,000 jobs in various sectors. SAPM on Youth Affairs gave details of the disbursed amount by various Banks, including Bank of Punjab, JS Bank Limited, National Bank of Pakistan, Bank Alfalah Limited and Habib Bank Limited that had disbursed loans among youth worth Rs 4.8 billion, Rs 3.5 billion, Rs 2.4 billion, Rs 1.7 billion and Rs 1.6 billion respectively.

The prime minister of AJK and the chief minister of GB highlighted the issues being faced by...