PASSD introduces new policy for solution of innovation challenges.

ISLAMABAD: Poverty Alleviation and Social Safety Division (PASSD) introduced 'Capital Funding and Prize Funding' as a new policy for the solutions of innovation challenges and to develop value chains and solutions for poverty at scale by identifying private sector partners.

Talking to APP, Special Assistant to Prime Minister on Poverty Alleviation and Social Safety Division Dr Sania Nishtar Saturday said," Two categories of solutions challenges will be developed for the jobs and livelihoods one with public good like effect and others that are specific to Geographic Opportunity Clusters in lagging areas."

Adding that she said this approach would help to develop agriculture and industrial value chains and address the drivers of poverty in a local context as to reinvent the traditional 'Thela' to enhance its income generating capacity.

She said we would develop micro credit facility for daily...