Small Business Loan Scheme under PM Youth Program will be starting from December 2, 2013. All the necessary arrangements for the provision of loans have been finalized. Loans from 5 lakh to 20 lakh will be given to talented and competing candidates whose ideas will be scrutinized by the banks.
Prime Minister Nawaz Sharif ordered to ensure full transparency in the loans provision process. A toll free help line has also been established if any one finds wrong in the process.
If you have any complaint against the Small Business Loan Scheme, then you can call PM Office at 0800-77000. This helpline is free from PTCL and complaints will be entertained only through this number.
PM chaired a high level meeting on Business Loan Scheme. Prime Minister was told that the response has been very encouraging on the Youth Program, from public. He was told that thousands of people have downloaded the feasibility reports placed on SMEDA’s website.
50 percent loans have been allocated for women, especially the educated ones, and five percent quota has been reserved for widows, families of the ‘Shaheeds’ and disabled.