Govt re-launching PM's Youth Business, Agricultural Loan Schemes.

The government is re-launching Youth Business and Agricultural Loan Schemes under Prime Minister's Youth Program to promote self-employment and entrepreneurship.

According to a document available with Radio Pakistan, the people in the age bracket of 21 and 45 years can avail the loan facility of up to 7.5 million rupees under the schemes. For IT and E-commerce businesses, the lower age limit is eighteen years.

Micro-financing through small business loans will promote a norm of job creation rather than job seeking among the country's youth bulge. The addition of agricultural loans will help the rural...