Startup loans for youth: ‘Move will boost economic activities’

ICCI President Zafar Bakhtawari also lauded the government’s move to allocate Rs2 billion for small businesses.


News Desk July 21, 2013

The Islamabad Chamber of Commerce & Industry (ICCI) has lauded the finance minister’s announcement to provide loans to the youth to start their own businesses. In the 2013-14 budget, the government had announced the provision of loans ranging from Rs100,000 to Rs200,000 with low markup to unemployed youth to start their own businesses. The ICCI said in a press release that the provision of loans to the jobless youth will be instrumental in engaging them in entrepreneurship besides giving a boost to economic activity in the country. ICCI President Zafar Bakhtawari also lauded the government’s move to allocate Rs2 billion for small businesses. He said that Pakistan was witnessing a youth bulge and the government should come up with more attractive schemes to fully harness the potential of youngsters.

Published in The Express Tribune, July 22nd, 2013.

COMMENTS (1)

toseef ahmad | 7 years ago | Reply

aslam o alikum....dear sir i want to get loan what is the procedure and what are the requriments to getting this?m want to start textile business

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