GOVERNMENT IS GOING TO LAUNCH INTEREST FREE LOAN SCHEME

GOVERNMENT IS GOING TO LAUNCH INTEREST FREE LOAN SCHEME

FEDERAL GOVERNMENT WILL DISBURSE INTERSECT FREE LOANS IN 1 MILLION PEOPLE

Federal government have approved an interest free loan scheme. More than one million people will be provided interest free loans through this scheme. Government have allocated 3.5 billion rupees for this scheme. Fifty percent quota will be reserved for  females. Interest free loan scheme will be launched in the third week of June, 2014 according to NFC award. Eery individual will be give interest free loan up to 50000 rupees. To facilitate the loan seekers government will also establish loan center and business support center.

Fee Refund Scheme

33OOO students will get benefit from fee return scheme. Government will pay the tuition fee and all other educational expenditures of MPhil and PhD students of 59 districts of Pakistan. Interest free loans will be disbursed on merit. Maryam Nawaz Sharif will personally monitor these schemes. Hier electrical appliances company will assemble 10000 laptops in Pakistan. From next year 100 percent laptops of Prime Minister’s scheme will be assembled in Pakistan. Company will  offer internship facility to selected students. Company will also set up E- education rooms in two universities and install 14 free software.

In the first stage laptops will be distributed among the students of MS. M.Phil and PhD of Public sector  universities. Government has reserved a special quota for disabled students in laptop scheme. Laptops will be distributed on performance and merit base.Second draw of PM youth loan scheme will be held in the next month. Federal government also decided to provide free EVO device with free 3 months internet package with all laptops. We welcome all above initiatives by the present government but government should also ensure transparency in all its schemes. You can read the detailed news in Urdu below this post. Stay in touch with your own website and its face book page for latest news alerts.

INTEREST FREE LOAN