Interest free student loans being offered by KP government.
Khyber Pakhtunkhwa (KP) Chief Minister (CM) Ali Amin Gandapur unveiled three employment-focused projects in a major step intended to “empower” the region’s young.
The KP government has completed the necessary steps to introduce the “Ehsaas Rozgar,” “Ehsaas Hunar,” and “Ehsaas Nojawan Rozgar” programs, which are intended to provide financial assistance to young professionals and entrepreneurs.
To enable the prompt implementation of these initiatives, Ali Amin Gandapur has instructed relevant departments to accelerate the completion of Memorandums of Understanding (MoUs).
CM Gandapur has stated that qualifying candidates will be given soft loans up to Rs. 10 million under the “Ehsaas Nojawan Rozgar” plan. Interest-free loans up to Rs 200,000 would also be made available for launching new ventures and growing current ones.
According to him, competent youth can launch or expand their enterprises with interest-free loans of up to Rs500,000 through the “Ehsaas Hunar” program. In a related event, the Chief Minister also examined the status of the “Ehsaas Apna Ghar” program, which intends to offer interest-free loans of up to Rs1.5 million to worthy families for the building, remodelling, or extension of their homes.
The government’s commitment to promoting economic growth and raising the living conditions of the province’s youth and underprivileged youth is reflected in this comprehensive policy.
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