PM directs for observing 5% quota for disabled/ special persons in Youth Loan Scheme

  • January 10, 2014, 7:37 pm
  • National News
  • 70 Views

ISLAMABAD, Jan 10 (Online): Prime Minister has said that provincial quota and 5% quota for disabled /special persons should be observed in the Youth Business loan scheme.

He said this while presiding over a meeting to review the progress of Youth
Business Loan Scheme at PM house.

The meeting was attended by Mr. Ishaq Dar Minister for Finance, Mr. Pervaiz
Rasheed, Minister for Information, Ms. Mariam Nawaz Honorary Chair Person
of the youth Program and other senior government officials from Ministry of
Finance, SMEDA, NBP, and First Women Bank.


PM said that a complaint redressal system should be devised which should
work under supervision of Mr. Muneer Kamal Chairman, NBP. He also directed
Mr. Kamal to review the rejected applications and ascertain the grounds on
which they were rejected and if found correct should be added to the list
of eligible applicants.

PM stressed upon transparency in the scheme and said that no favoritism
would be tolerated. He also directed for speedy processing of the
applications by the Bank officials.

Prime Minister said that he would personally review the progress of the
scheme on weekly basis.