Government to Focus on Proper Training along with Subsidised Loans for the Development of Entrepreneurship Culture in the Country - Press Note issued by Press Information Department.

Islamabad -- August 08, 2019 (PPI-OT)

Following is the text of press note issued by Press Information Department (PID)

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A high-level consultative meeting on Kamyab Jawan Youth Entrepreneurship Scheme (YES) was held to brainstorm on effective implementation mechanism of the scheme to ensure creation of maximum number of jobs through entrepreneurship development in the country. Mr. Muhammad Usman Dar, Special Assistant to the Prime Minister on Youth Affairs co-chaired the meeting with Mr. Asad Umar, Chairman National Assembly Standing Committee on Finance; Mr. Abdul Razak Dawood, Advisor to Prime Minister on Industries and Production; and Ms Sania Nishtar, Advisor to Prime Minister on Poverty Alleviation and Social Safety.

Leading experts from SME sector of the country attended the meeting. It was highlighted in the meeting that besides access to finance, entrepreneurship needs a mindset change by focusing on soft skills like courage to take risks, and resilience in the face of odds, as fear of failure and loss is a major barrier for business development. Therefore, Government should rope in...