The newly unveiled announcement regarding the Youth Internship Program and Ehsaas Youth Program, inaugurated on Friday, November 8th, at CM KP’s residence in Peshawar, seeks to inspire self-sufficiency within the youth. Under CM Ali Amin Gandapur, a program has been launched with a soft loan of RS 50,00,000 for a three- five-member team aspiring entrepreneurs to invest in new venture and provide internship. The online portal was also demonstrated as friendly to be used at home for loan applications.
KP CM Announces Loan Scheme Internship Program: Eligibility Cross Check Here!
This article includes eligibility criteria of trainees and all information about the Ehsaas Naujawan program, which is also known as the Youth internship program.
Loan Scheme Internship Program Launched By KP CM
To provide employment to interns across KPK, the Khyber Pakhtun Khwa Government has set into motion the Youth Internship Program. The government is going to provide a job to 400 trainees every year and has planned to serve 1,200 interns in three years, who are going to get salaries up to 25,000. The internship will be for three months.
کے پی کے بھر میں انٹرنز کو ملازمتیں فراہم کرنے کے لیے، خیبر پختونخوا حکومت نے یوتھ انٹرن شپ پروگرام کو حرکت میں لایا ہے۔ ہر سال چار سو ٹرینیز کو ملازمت کے مواقع فراہم کیے جائیں گے، اور حکومت تین سالوں میں بارہ سو انٹرنز کی خدمات انجام دینے کا ارادہ رکھتی ہے، جنہیں پچیس ہزار تک تنخواہ ملے گی۔ انٹرن شپ تین ماہ تک جاری رہے گی۔ ان کے مطابق، اب وقت آگیا ہے کہ عمران خان کی نئی نسل کو طاقتور، خودمختار اور خود ارادیت بنانے کے عزائم پر عمل کیا جائے!
He further, in his words, highlighted that now is the time to act upon the ambition of the PTI Chairman Imran Khan to make the next coming youth powerful self-determined and financially independent youth!
4 Touchstones For Eligibility Criteria Of KP Internship Campaign
For KPK students to be eligible for traineeships from the Youth Internship Program, they have to go through the following protocols.
- age of interns should not exceed 29 years.
- The trainees must reside permanently in KP.
- The minimum educational qualification of the applicants must be 16 years old or at a degree classification level.
- The academic certificate issued must be approved by HEC.
During his address to the council, Ali Amin Gandapur said that the traineeship would permanently employ the trainees in the government and private institutions after the successful completion of the traineeship along with proper packages. In this way, the workers will be economically sound. This will also lead to the prosperity and freedom of the people as well.
The Ehsaas Naujawan campaign of KPK Chief Minister
CM Gandapur launched the “Ehsaas Naujawan Program” to give soft loans up to 5 million to the youth of KPK, to start their own business instead of getting 4-grade employment.
Online applications have been launched by CM Ali Amin through the online portal, https://ehsaasnaujawan.bok.com.pk.
Total investment over three years into the project amounts to 3 billion rupees. The KP government has committed Bank Of Khyber and Akhuwat Islamic Microfinance Institute to repay loans.
Limit of 100,000 to 500,000 for loans
This program will offer loans ranging from 100,000 to 500,000 to a group of 3 to 5 people to begin a small enterprise with the budget over 2 billion rupees. Loans will be available from the Akhuwat Microfinance Bank as well as the Department of Youth Affairs.
The age group should be between 18 and 40 years for enrolling in this program. The government is not ready to offer low-scale jobs for the youth instead provides them with the skills of their own business.
Set-aside of 15% for women
The KPK government has reserved 15% of the quota for women in the country to initiate low-scale businesses from their homes and overcome financial crises.
- 2.5% Quota specialized for people with special abilities.
- 5% Quota set for Madrassa students.
- 2.5% Quota is specialized for minorities.
Implementation of 1 million to 5 million soft loans
As of the second module of the Government Youth Program, this support will go to three to five youth who will be given interest-free loans of Rs 1–5 million from the Bank Of Khyber (BOK). The provision shall be significant for the householder to come up with a large business unit under several concepts to become self-sustaining.
Loans under these schemes are open to applicants between 18 and 35 years.
CM Gandapur Naujawan Rozgar repayment plan over 8 years
Loans can be repaid over the tenure up to 8 years using the easy installation plan. However, the first 20 months will be a gestation period for new businesses to soar, hence not needed to repay back the loan.
Conclusion
KP Youth Internship Program and Ehsaas Naujawan Program, by Chief Minister Ali Amin Gandapur, will give financial independence to the youth of Khyber Pakhtunkhwa through employment and business opportunities. This is work for youth empowerment, country development, and formation of the country’s economy. Interest-free soft loans up to 5 million rupees with special quotas for women, madrassa students, and minorities. The KP Chief Minister said these steps were taken to empower the youths.