Prime Minister's Youth Programme

Prime Minister's Youth Programme
Prime Minister Youth Programme
Agency overview
Formed2013 (2013)
TypeYouth Affairs
JurisdictionGovernment of Pakistan
StatusActive
HeadquartersPrime Minister's Secretariat
MottoEmpower youth, Kamyab Jawan Kamyab Pakistan
Employees12
Annual budget150 billion[1]
Minister responsible
Websitepmyp.gov.pk

The Prime Minister's Youth Programme or Kamyab Jawan Program (Urdu: کامیاب یوتھ پروگرام), initiative launched by former Prime Minister Nawaz Sharif in 2013, and it ran from 2019 to 2022.[2] The program aimed to provide quality education and meaningful employment opportunities to the youth through integrated, sustainable initiatives. It offered government-subsidised business loans of up to 25 million rupees, divided into three tiers: the first tier for loans between 10,000 and 1 million rupees, the second tier for 1 million to 10 million, and the third for 10 million to 25 million rupees.[3]

In addition to loans, the program supported a skills scholarship initiative, a talent hunt for youth sports, and the establishment of a National Youth Council. However, in July 2022, the State Bank of Pakistan paused disbursements under the Kamyab Jawan Program.[4]

The programme was revived by the Shehbaz Sharif government at the end of the year.[5][6]

  1. ^ "15 mega initiatives included: Rs150bn 'PM's Youth Package' announced". Business Recorder (newspaper). 22 March 2023. Retrieved 9 May 2023.
  2. ^ "Nawaz unveils Rs 20bln youth uplift package". 21 September 2013.
  3. ^ "Kamyab Jawan". Bank of Punjab.
  4. ^ "Miftah says reshaping MPMG scheme by next week". The News.
  5. ^ "PMYP: Govt announces revival of various schemes". Business Recorder. 15 December 2022. Retrieved 27 April 2023.
  6. ^ Iqbal, Shahid (13 December 2022). "Agriculture, microfinance added to youth loan scheme". Dawn.com. Retrieved 27 April 2023.

© MMXXIII Rich X Search. We shall prevail. All rights reserved. Rich X Search