Earlier, the maximum grant amount could be 5 million, yet it is changing now
The grant amount is up to 25 million now, amid corona virus
Kamyab Jawan Program increases limit from 50 lac to 250 lac, as the government is revising the maximum amount limit for the loans. Thus, Prime Minister Imran Khan’s flagship initiative Kamyab Jawan Program is announcing an update.
READ: Be Aware: Pakistan Is Yet To See Corona Virus Peak By April 30 https://www.fact-file.com/2020/04/12/be-aware-pakistan-is-yet-to-see-corona-virus-peak-by-april-30/
The official website announces, “Youth participation in the socio economic race of any country is an important aspect as it affects social and monetary advancement of the society. In this regard, Prime Minister of Pakistan Imran Khan has launched a program through which young generation can get opportunities to excel in their respective fields.”
What is Kamyab Jawan Program
There are 6 important schemes in the program:
- Youth Entrepreneurship Scheme
- Hunarmand Pakistan Program (skills for All)
- Green Youth Movement
- Startup Pakistan Program
- National Internship Program
- Jawan Markaz
You can apply or track your application here: https://kamyabjawan.gov.pk/home/yesprogram
As part of Prime Minister’s vision of creating 10 million jobs, PM’s Youth Entrepreneurship Program has been developed under the banner of Kamyab Jawan. This scheme envisages “Hunar se Karobar Tak”. Subsequently, the youth will graduate from basic asset transfer to interest free loans to micro and then finally small loans.
Further, the first phase of applications is complete. However, the government will begin the second phase in coming days.
The current disclaimer says, “Thank you for your interest in Prime Minister’s Kamyab Jawan Youth Entrepreneurship Scheme Phase 1 for the receiving of applications is now over Keep in touch for the upcoming Phase II”
It is unclear if the applicants of Phase-I can also avail the offer. The applications for Phase-I are processing and loans are given to several beneficiaries. Still, this is a game-changer for Pakistani youth who can stimulate Pakistan’s economy. Therefore, they can use these loans as Kamyab Jawan Program increases limit from 50 lac to 250 lac.