Apna Business KP Government’s decision to introduce loan program in easy installments 2024

The Khyber Pakhtunkhwa Government has decided to launch the Apna Karobar KPK Easy Installments Loan Program in 2024. The total financing for this program will start from 1 billion rupees. The government will offer loans ranging from 2 million to 10 million rupees. Additionally, there are plans to provide technical training for the youth and create job and business opportunities.

Decision on Apna Karobar KPK Easy Installments Loan Program

The Khyber Pakhtunkhwa Government has finalized the decision to offer loans to the youth for business purposes. These loans will be provided on easy installments with very lenient terms and conditions. The program aims to support the youth in starting their own businesses.

The KP Chief Minister has emphasized supporting the provincial polo team and traditional sports such as tent pegging, archery, javelin throw, horse riding, and swimming. The government also has an interest-free loan scheme for government employees, which includes House Building Advance, Motorcycle Advance, and Motorcar Advance.

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Key Decisions by CM KPK

The Chief Minister of Khyber Pakhtunkhwa has made several key decisions to support the youth, including:

• Youth Entrepreneurship Program
• Youth Skill Development Program
• Total Allocation: 1 billion rupees
• Loan Amount Range: 2 million to 10 million rupees
• Specialized Training: For 20,000 youth
• Business Opportunities: Both within the country and internationally
• Youth Education Program
• Merit Scholarships: In technical and digital-based fields
• Establishment of an Incubation Center
• E-Learning and Career Counseling
• Digital Skills and Certificates in Advanced Courses
• Merit-Based Internships

Details of Loan and Installment Amount

The KP Government is planning a comprehensive loan scheme to help the youth establish a suitable livelihood. The detailed program, including the loan amount, conditions, installment amounts, and application procedures, will be announced soon. Once the scheme is officially launched, further information will be provided to guide the youth on how to benefit from this initiative