PM Raises Youth Loan Limit to Rs25m
The government also set aside Rs292 billion for the schemes and lowered the minimum applicant age to 18.
4 Articles
4 Articles
PM raises youth loan limit to Rs25m
LAHORE: Prime Minister Muhammad Shehbaz Sharif has increased the maximum loan limit under the Prime Minister’s Youth Business Loan Scheme and Youth Agriculture Loan Scheme from Rs7.5 million to Rs25 million, aiming to expand financial opportunities for young entrepreneurs and encourage greater participation of youth in the agriculture sector. The decision was taken during a high-level meeting chaired by the prime minister to review the implement…
Govt Increases Youth Business Loan Limit
The government has raised the personal loan limit under the Prime Minister’s Youth Business and Agriculture Loan schemes from Rs. 7.5 million to Rs. 25 million, according to the premier’s office release this week. The minimum age to apply has also been cut from 21 to 18 years. Prime Minister Shehbaz Sharif announced the changes while chairing a review meeting on the schemes. He also directed that 30 percent of all loans be reserved for women. Lo…
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