Government to Launch Nationwide Pakistan Endowment Fund Scholarships Programme

Islamabad, In a significant move aimed at bolstering education and skill development among the youth, the government has unveiled plans to initiate the “Pakistan Endowment Fund Scholarships programme,” modeled after the successful Punjab Endowment Fund. The announcement, made during a press conference in Islamabad by Rana Mashhood Ahmed, Chairman of the Prime Minister’s National Youth Program, also detailed an expansion in the national youth loan scheme and the introduction of IT courses and skill development programs.

According to Ministry of Information and Broadcasting, this comprehensive suite of initiatives is designed to equip the youth with modern skills and increase their employment opportunities, focusing on key sectors such as agriculture, information technology, and skill development. These sectors are identified as pivotal for short and mid-term economic acceleration.

Additionally, an e-gaming organization will be established to harness the potential of approximately 60 to 70 lakh youth engaged in the billion-dollar gaming industry, providing them a platform to showcase their talents. Training camps and sports competitions are also on the agenda to scout for the best talent across the country.

To promote Pakistani art and culture, local artisans will be empowered through modern techniques to help them gain global recognition for their work. The tourism sector is not left behind, with plans to set up camps worldwide to highlight Pakistan’s tourism potential and run double-decker buses in various cities to attract tourists. A national tourism policy is currently in development to further these goals.

This initiative represents a strategic effort by the government to nurture and leverage the country’s youth talent, aiming at overall economic growth and enhanced global presence in various sectors.