PM to inaugurate Rs1,400b Kamyab Pakistan Programme Monday

By: News Desk      Published: 04:08 PM, 3 Oct, 2021
PM to inaugurate Rs1,400b Kamyab Pakistan Programme Monday
File photo.

Prime Minister Imran Khan on Monday will inaugurate Kamyab Pakistan Programme under which loans worth Rs1,400 billion would be rolled out among 3.7 million families across the nation.

A press statement quoting Finance Minister Shaukat Tarin on Sunday said the project would be a major initiative in the government’s efforts to alleviate poverty by empowering the deprived segments of the society and by supporting them to transform their lives.

The programme would also link the low-income groups with banks through micro-finance institutions, the PM Office said in a press release.

The programme also reflects the sense of the state’s responsibility towards the weaker segments of society.

The programme will have five components under which the farmers will get interest-free loans under the Kamyab Kisan programme, financing would be made for a business up to Rs500,000 under the Kamyab Karobar programme, financing on easy instalments would be extended for the construction of houses under Sasta Ghar Scheme, besides linking of successful skilled based scholarship scheme and Sehat Insaf Card with the Kamyab Pakistan programme.