Prime Minister’s Youth Business and Agriculture Loan
Under the dynamic leadership of Prime Minister Shehbaz Sharif, a series of pioneering initiatives have been launched to empower and uplift the youth of Pakistan. One of the standout programs is the Prime Minister’s Youth Business and Agriculture Loan, aimed at fostering entrepreneurship among young individuals. Through this visionary scheme, aspiring entrepreneurs between the ages of 21 and 45 are offered access to business loans on simplified terms and at reduced interest rates, facilitated through 15 prominent Commercial, Islamic, and SME banks. The program also recognizes the potential of the younger generation in the digital landscape, as it extends the lower age limit to 18 years for IT/E-Commerce related ventures. With a user-friendly application process conducted exclusively online, these initiatives are seamlessly connecting the youth with opportunities to realize their business aspirations, ultimately contributing to the economic growth and prosperity of Pakistan.
Prime Minister Youth Laptop Scheme
Prime Minister Shehbaz Sharif’s commitment to empowering the youth of Pakistan is exemplified through the implementation of the Prime Minister Youth Laptop Scheme (PMYLS). Recognizing the importance of digital access and educational tools, the government has pledged to provide laptops to young and talented students enrolled in public sector Higher Education Institutes (HEIs) throughout the country, including Azad Jammu & Kashmir. Approved by ECNEC as Phase-III of the initiative, the project aims to distribute 100,000 laptops on a merit basis, ensuring transparency through an online system. This program builds on the success of two previous schemes carried out by the Higher Education Commission, cementing the government’s dedication to nurturing the intellectual potential of the youth and equipping them with the necessary tools to excel in their academic pursuits and beyond. By bridging the digital divide, the PMYLS aspires to create a technologically skilled and knowledgeable young workforce that will contribute to the progress and development of Pakistan in the years to come.
Prime Minister Sports Endowment Fund
The year 2023 witnesses a landmark initiative as Prime Minister Muhammad Shehbaz Sharif unveils the Prime Minister’s Youth Sports Endowment Fund in Islamabad. This groundbreaking program is designed to revolutionize the sports landscape throughout Pakistan, with a strong focus on empowering the youth and providing them with world-class sports facilities. The Sports Endowment Fund aims to raise the bar by offering international standard facilities and comprehensive training for athletes, enabling them to compete at the global stage with confidence and excellence.
Another remarkable aspect of this initiative is the inauguration of Pakistan’s first-ever sports university in Islamabad, a testament to the government’s commitment to fostering a culture of sporting excellence and professionalism within the nation. Alongside this, the Elite Sportsperson Development Program will be introduced to identify and support the most exceptional athletes, nurturing their talents and guiding them towards success.
Moreover, the Prime Minister will announce measures to promote and uplift local sports, recognizing the rich sporting heritage of Pakistan and striving to revitalize various traditional sports activities. Furthermore, the inclusion of e-sports in this initiative signifies the government’s acknowledgment of the rapidly growing digital realm and its potential to engage and encourage the youth in innovative ways.
The Prime Minister’s Youth Sports Initiative of 2023 marks a defining moment in Pakistan’s sporting history, as it lays the foundation for a bright and promising future for the nation’s athletes. By investing in their potential and providing the necessary infrastructure and support, this initiative aims to position Pakistan as a force to be reckoned with on the global sports stage and instill a sense of pride and accomplishment in the hearts of the youth, inspiring them to pursue their dreams fearlessly and passionately.
Prime Minister’s Initiative for Women Empowerment
Prime Minister Shehbaz Sharif has taken a significant step towards promoting women’s empowerment in Pakistan with the unveiling of the Prime Minister’s Initiative for Women Empowerment. This commendable program, launched with a total budget of Rs10.4 billion, aims to recognize and harness the potential of women who form an essential and dynamic part of society. Acknowledging the multifaceted roles played by women as mothers, sisters, wives, and daughters, the prime minister emphasized the need for enhanced opportunities and supportive environments for their empowerment.
Over the past 75 years, progress in this regard has been insufficient, and Prime Minister Shehbaz Sharif stressed the importance of ensuring women’s rights, including inheritance rights, to enable them to contribute meaningfully and productively to society. He highlighted the achievements of women in the Muslim world and the West, underscoring their vital role in driving progress and prosperity for their respective nations. The prime minister also praised the outstanding contributions of various prominent women personalities in Pakistan, who have served as exceptional ambassadors of the country in diverse capacities. Through this initiative, the government aims to uplift women, empowering them to play an even more significant role in shaping a prosperous and progressive Pakistan.