AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Peshawar, The Khyber Pakhtunkhwa government, led by Chief Minister Sardar Ali Amin Khan Gandapur, has launched an ambitious “Youth Entrepreneurship Program” to foster self-employment among the province’s youth. This initiative aims to provide young entrepreneurs with soft loans to start their own businesses, focusing on collaborative ventures rather than individual enterprises.
According to Directorate General Information and PRs – Khyber Pakhtunkhwa, the program, with an initial allocation of one billion rupees, was announced during the first meeting of the Department of Sports and Youth Affairs at the Chief Minister’s House. Loans ranging from Rs 20 lakh to Rs 1 crore will be available for clusters of professionals.
Chief Minister Gandapur emphasized the government’s commitment to promoting employment through this scheme, which also includes extensive training programs for youth in various trades. Additionally, the Chief Minister approved several other youth-focused initiatives, including merit-based scholarships for technical education and the establishment of incubation centers to support digital and technical skill development.
The meeting also covered the development of sports infrastructure and the promotion of traditional sports like polo, with plans to organize a Horse and Cattle Show in Peshawar and other sports-related activities aimed at showcasing local talent.