Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur has unveiled three new programs designed to support youth and enhance employment opportunities in the region.
The Ehsaas Rozgar, Ehsaas Hunar, and Ehsaas Nojawan Rozgar initiatives will offer financial assistance, including soft and interest-free loans, to young entrepreneurs and skilled workers.
Read more: Pakistan plans to refinance $1.3 billion in loans quickly.
The Ehsaas Nojawan Rozgar program provides loans up to Rs10 million for business ventures and Rs200,000 for smaller projects, while the Ehsaas Hunar program offers up to Rs500,000 for skilled youth.
Additionally, the Ehsaas Apna Ghar program will extend loans up to Rs1.5 million for home construction or renovation. These programs aim to stimulate economic growth and improve living standards in the province.
Interest-free loans are beneficial for entrepreneurs as they eliminate interest costs, easing financial burdens and enhancing cash flow.
However, students and entrepreneurs should carefully review repayment terms and consider other financing options to maximize the value of their projects.
