Prime Minister’s Youth loan scheme rushes NBP and SMEDA

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The anxious youth of Khyber-Pakhtunkhwa rushed to the Regional Office of Small and Medium Enterprise Development Authority (SMEDA) and National Bank of Pakistan (NBP) to get facilitation and forms for the scheme. A large number of youth was found visiting the special desk established at SMEDA Regional Office in State Life Building for getting feasibility studies for joining entrepreneurship and take benefit of the opportunity provided by the government.

The youth are also found seeking guidance regarding beginning of new businesses. Similarly, long queues of youth were also found in front of the specified counters of National Bank branches. The officers of the bank are giving them guidance regarding the scheme and filling of the application form.

Talking to scribe in charge of PM Youth Business Loan Programme, Desk at SMEDA, Peshawar Gohar Ali said that response of women from across Khyber-Pakthunkhwa and FATA is tremendous and very positive. He said men and women are also jubilant over the scheme.

He said youth from far-flung district Chitral to DI Khan and Kohistan are contacting SMEDA offices to get information about different aspects of this youth friendly scheme.

He said during last two days, a large number of youth had either visited or phoned them regarding the scheme. He said most of the women showed their keen interest in the opening of beauty clinics, boutiques and processing spices, packing and marketing programmes.

He said SMEDA has floated a list of 56 pre-feasibility studies for guidance and facilitation of interested entrepreneurs under the PM programme.

For the facilitation of the people in obtaining the loan under the scheme SMEDA has established information and helping desks in Khyber-Pakthunkhwa Chamber of Commerce and Industry Peshawar, Swat Chamber of Commerce and Industry in Mingora, Women Business Development Centre Peshawar and Regional Business Co-ordination Office Abbottabad for proper guidance and facilitation of youth.

He said settled areas response from tribesmen of FATA is also tremendous and contacting us for getting information regarding different features and plans of PM Youth Business Loan programme. Most of the tribesmen of Mohmand Agency have shown interest in the Marble and Onyx Products Manufacturing, Marble Tiles Manufacturing Units and Marble Mosaic Development Centres as this area is rich for this resource.

He said tribesmen of South and North Waziristan besides Khyber, Kurram and Orakzai Agencies are also showing keen interest in PM’s business loan programme.

The SMEDA official assured that all out technical support would be provided to interested youth in this programme and urged the candidates to come with solid business plans for their own interest.

Similarly, a senior official of NBP said application form for the scheme is very simple and comprehensive. He said scheme would usher an era of progress and development and overcome the growing problem of unemployment. He said the stifling of business plan with application form is pre-requisite.

You can Download the Form from NBP or avail this from First Women Bank and NBP branches. They will assist you for proper guidance.

Source: http://www.brecorder.com/money-a-banking/198/1263203/

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