Pakistan

KP govt announces interest-free students’ loans under Ehsaas Program: Details inside

Published by
Web Desk

PESHAWAR: Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur has announced three new programs to help youth and increase employment in the northwestern region of the country, here on Saturday.

As per the details, Ehsaas Rozgar, Ehsaas Hunar, and Ehsaas Nojawan Rozgar initiatives will provide financial assistance to young entrepreneurs and skilled workers, including soft and interest-free loans.

Ehsaas Nojawan Rozgar Program 2024

Ehsaas Nojawan Rozgar Program provides loans of up to Rs 10 million and Rs 200,000 for business ventures, while “Ehsaas Hunar” provides loans of up to Rs 500,000 for skilled youth.

Additionally, the Ehsaas Apna Ghar program will offer loans of up to Rs 15 lakh for home construction or renovation. The aim of these efforts is to improve economic development and quality of life in the province.

Interest free loans are very helpful for entrepreneurs as they help eliminate interest cost, reduce financial stress and improve cash flow among young people.

However, students and entrepreneurs need to review payment terms and explore other financing options to ensure they get the best value for their projects.

Web Desk

Recent Posts

Pakistan’s timely policy may shield it from proposed U.S. additional tariffs

ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…

9 hours ago

Govt set to brief PPP on crucial legal changes ahead of Budget

ISLAMABAD: Important legislation may be considered in the negotiations between the Pakistan People's Party (PPP)…

9 hours ago

No visa agent needed! UK High Commissioner shares step-by-step visa guide

ISLAMABAD: If you are thinking of applying for a UK visa from Pakistan and are…

9 hours ago

Famous Anti-biotic medicine ‘Azomax’ declared fake

LAHORE: The Drugs Control of Punjab declared a Class-I alert after the lab tests confirmed…

10 hours ago

Unmarried women can now get financial support from BISP

KARACHI: The government has decided to include unmarried women above the age of 35 in…

11 hours ago

Minimum salary of 45,000 proposed in Budget 2026-27

ISLAMABAD: The Pakistan Institute of Development Economics (PIED) has recommended setting the minimum monthly wage…

11 hours ago