Stepping stone: 60 jobless youth to get 0.3m for starting their own business under BISP

The first batch of Waseela-e-Haq scheme graduates.

Our Correspondent March 21, 2012

KARACHI: Around 60 jobless youth will be given 0.3 million rupees for starting their own businesses under the president’s Waseela-e-Haq scheme of Benazir Income Support Programme (BISP).

The participants took part in a 10-day workshop, in which they were trained on how to run their businesses effectively. The media representative of the BISP, Shafquat Ali, said that first batch of 60 youngsters, aged 19 to 35 years, will be given cheques in a separate ceremony which will be held on April 4.

At the concluding ceremony of the workshop, Muttahida Qaumi Movement’s MNA Abdul Waseem said that by granting interest free loans the country will head towards economic prosperity as the jobless steered towards starting their own businesses.

The director general of BISP Sindh, Zafarullah Soomro, said that President Zardari had selected a total of 35,000 youngsters in Sindh through balloting - 30 from each district. According to him, the programme will help in eradicating poverty, enabling the unemployed to lead a dignified life and improving the socio-economic conditions of the country.

The director of BISP Karachi, Ghulam Nabi Babar, claimed that the programme will be transparent since they were making a database of everyone to whom loans were given. This will rule out the possibility of the funds being misused.

Published in The Express Tribune, March 22nd, 2012.


ASH HASSAN | 9 years ago | Reply

sir i want to run a business if wasela e haq issue loan i earn for my family.

Salman Orangiwala | 9 years ago | Reply

I bet these 60 " jobless" includes the Foriegn educated wards of Sindhi Waderas of PPP of Sindh assembly .

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