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 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.
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