KP CM Launches New Loan Scheme Internship Program: Check Your Eligibility Here!
The newest announcement regarding the Youth Internship Program and Ehsaas Youth Program, initiated on Friday, November 8th at CM KP’s residence in Peshawar, aims to foster self-sufficiency among the youth. Under the leadership of CM Ali Amin Gandapur, a plan has been put in motion to offer soft loans of RS 50,00,000 to a team of three to five aspiring entrepreneurs for establishing new ventures and providing employment opportunities for interns. Additionally, a user-friendly online portal was showcased during the meeting to streamline the loan application process from the convenience of one’s home.
In this post, we summarize the trainees’ eligibility criteria and all the updates related to the Ehsaas Naujawan Program and the Youth Internship Program.
Also Read: Ehsaas CNIC Check Online
Loan Scheme Internship Program Launched by KP CM
To provide jobs to interns across KPK, the Khyber Pakhtun Khwa Government has set in motion the Youth Internship Program. 400 trainees will be given job opportunities every year, and the government intends to serve 1,200 interns in three years, who will receive salaries of up to 25,000. The internship will last three months.
کے پی کے بھر میں انٹرنز کو ملازمتیں فراہم کرنے کے لیے، خیبر پختونخوا حکومت نے یوتھ انٹرن شپ پروگرام کو حرکت میں لایا ہے۔ ہر سال چار سو ٹرینیز کو ملازمت کے مواقع فراہم کیے جائیں گے، اور حکومت تین سالوں میں بارہ سو انٹرنز کی خدمات انجام دینے کا ارادہ رکھتی ہے، جنہیں پچیس ہزار تک تنخواہ ملے گی۔ انٹرن شپ تین ماہ تک جاری رہے گی۔ ان کے مطابق، اب وقت آگیا ہے کہ عمران خان کی نئی نسل کو طاقتور، خودمختار اور خود ارادیت بنانے کے عزائم پر عمل کیا جائے!
He added in his words that now is a time to act upon the ambition of the PTI Chairman Imran Khan to make the upcoming youth powerful self-determined and financially independent!
4 Touchstones For Eligibility Criteria Of KP Internship Campaign
For KPK students to be eligible for traineeships from the Youth Internship Program, they must meet the following protocols.
During his address to the council, Ali Amin Gandapur said that the interns would be provided with permanent jobs in public and private institutions after the traineeship was completed with good compensation packages. By doing so, the employees will be financially stable. This plan will also lead to the prosperity and liberation of the citizens as well.
The Ehsaas Naujawan campaign by the KPK Chief Minister
As part of the “Ehsaas Naujawan Programme”, CM Gandapur launched a campaign to empower the youth of KPK with soft loans of up to 5 million to start their own businesses instead of receiving 4-grade employment.
The CM Ali Amin has launched the online portal https://ehsaasnaujawan.bok.com.pk for online applications.
A total of 3 billion rupees will be invested in the project over three years. The KP government has committed the Bank Of Khyber and Akhuwat Islamic Microfinance Institute to make the loan repayments.
Limit of 100,000 to 500,000 for loans
This part of the program provides loans ranging from 100,000 to 500,000 to a group of 3 to 5 people to start a small business with a budget of over 2 billion rupees. The Akhuwat Microfinance Bank and the Department of Youth Affairs will distribute the loans.
In order to qualify for this program, the applicant must be 18-40 years of age. The government’s goal is not to provide low-level jobs to youth but to provide them with the ability to own their own business.
Set-aside of 15% for women:
The government has allocated 15% of the quota to women in KPK so they can start low-scale businesses from their homes and overcome their financial crises.
Implementation of 1 million to 5 million soft loans
With the support of the Bank Of Khyber (BOK), three to five young people will be given zero-interest loans ranging from Rs1 million to Rs5 million under the second module of the Government Youth Program. Through this aid, the resident can build a wide business with multiple ideas and stand on their feet.
These loans are available to applicants between the ages of 18 and 35
Repayment plan for CM Gandapur Nujawan Rozgar over 8 years
A loan can be repaid within 8 years with an easy installment Plan. However, remember the first 20 months will be a buffer period for new businesses to grow, so there is no need to pay back the loan.
In conclusion:
As part of the KP Youth Internship Program and Ehsaas Naujawan Program, launched by Chief Minister Ali Amin Gandapur, young people in Khyber Pakhtunkhwa can achieve financial independence and self-sufficiency through employment and business opportunities. These steps are being taken to empower the youth, advance the country, and develop the country’s economy. Interest-free soft loans up to 5 million rupees, and special quotas for women, madrassa students, and minorities. The KP chief minister also said these steps were being taken to empower the youth.