Tuesday , June 18 2019
Breaking News
Home / Business / CM launches Insaf Rozgar scheme to provide interest free loan upto Rs1m to tribal youth
CM launches Insaf Rozgar scheme to provide interest free loan upto Rs1m to tribal youth

CM launches Insaf Rozgar scheme to provide interest free loan upto Rs1m to tribal youth

MOHMAND: Chief Minister Khyber Pakhtunkhwa has formally inaugurated the Insaf Rozgar Scheme in merged tribal District Mohmand under which interest free loans up to Rs 10 Lakh will be provided to local residents to help eradicate unemployment and poverty in the terrorism affected areas of the newly merged tribal districts.

The Chief Minister also inaugurated the Sehat Insaf Card Scheme in merged district Mohmand under which 115,000 health cards will be distributed among citizens of District Mohmand. The health cards will cover treatment of cancer, cardiac and all diseases.

The Chief Minister Mahmood Khan was in Mohmand district in connection with cabinet meeting during which he also inaugurated Insaf Rozgar Scheme, Inaugurated the Sehat Insaf Scheme and also took part in the Spring Sports and Culture festival.

The chief minister, on this occasion, also visited Gandao Small Dam where he was briefed on the work progress and its expected date of completion.

According to details, under the Rozgar scheme, skilled and degree holding unemployed people in the age group of 18 to 50 years would get interest free loans from 50,000 to Rs 1 million.

Technical people would get from Rs50,000 to Rs0.5 million whereas others would get Rs50000 to Rs0.3 million for initiating their businesses.

During his visit, the Chief Minister also participated in the Spring sports and culture festival where students and youth presented various national songs, traditional folk music and dance along with different sports and acrobatic events.

While addressing the participants of the festival, Chief Minister Mehmood Khan stated that people in erstwhile FATA have suffered greatly due to terrorism and insurgency for the past 15 years and have also been exploited for the past 70 years due to non-availability of proper laws.