To help the youth, the Khyber Pakhtunkhwa (KP) government has launched initiatives totalling Rs. 15 billion. These initiatives seek to give young people in KP opportunity, financial assistance, and skill development. Thousands of young people are anticipated to benefit from the programs by starting their own businesses, finding employment, and improving their quality of life. The province’s economic growth and unemployment rate reduction are the government’s top priorities.
Program Name | Key Features |
---|---|
Ehsaas Hunar Scheme | Rs. 4 billion, interest-free loans |
Rural Economic Transformation | Training for 60,000 rural youth |
Technical Education Upgrade | 24 colleges upgraded |
TEVTA Job Training | Practical job training for graduates |
Ehsaas Hunar Scheme: Financial Support for Youth
One such initiative that offers young people interest-free loans is the Ehsaas Hunar Scheme. This scheme, for which the government has set aside Rs. 4 billion, will provide talented persons with loans up to Rs. 500,000. They will be able to launch their own companies and make a respectable living thanks to this funding. In the current year, Rs. 2 billion would be allocated to assist around 35,000 youth. The scheme’s purpose is to foster entrepreneurship and eliminate unemployment. This financial assistance will enable numerous young individuals to attain self-sufficiency and contribute to the economy.
Rural Economic Transformation Project
The goal of this project is to assist young people, particularly women, in rural areas. Sixty thousand young people will receive free technical training from the KP government in collaboration with the European Union and IFAD. They will acquire skills for employment and self-employment thanks to this instruction. Additionally, 42,000 talented young people will receive $300 in funding to launch small enterprises. Village residents’ quality of life will be enhanced and economic opportunities will be generated in rural areas thanks to this project. The program encourages stability and long-term growth by offering both financial assistance and training.
Upgrading Technical Colleges
To improve technical education, the KP government is upgrading 24 technical colleges across the province. Two of these colleges, located in Abbottabad and Nowshera, will become Centres of Excellence. These upgraded colleges will have modern facilities and advanced training programs to meet the needs of today’s job market. The remaining 22 colleges will also see improvements to their infrastructure and curriculum. With these upgrades, students will gain better education and skills, making it easier for them to get jobs in Pakistan or abroad.
On-the-Job Training for TEVTA Graduates
The KP government is also focusing on providing practical training for graduates of the Technical Education and Vocational Training Authority (TEVTA). This program will give on-the-job training to help graduates gain real-world experience. The goal is to bridge the gap between classroom learning and actual work environments. This training will make TEVTA graduates more employable and skilled, benefiting both workers and employers. Companies will also find it easier to hire trained workers who can contribute to their businesses right away.
Government’s Vision for Youth Empowerment
The KP government, led by its leadership, is committed to empowering the youth through these programs. The Rs. 15 billion investment shows the importance of supporting young people in the province. The government wants to reduce unemployment by helping youth learn new skills, start businesses, and find jobs. By providing financial aid, modern education, and training, these programs aim to build a stronger economy. The focus is not only on urban areas but also on improving opportunities in rural parts of KP.
Conclusion
The KP government’s youth empowerment programs are a major step toward reducing unemployment and creating economic growth. Through interest-free loans, technical training, and education upgrades, these initiatives will help thousands of young people become self-reliant. By focusing on both urban and rural areas, the government is ensuring equal opportunities for all youth. These efforts will strengthen the economy and improve the lives of the province’s youth.
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FAQs
1. What is the Ehsaas Hunar Scheme in 2025?
The Ehsaas Hunar Scheme offers interest-free loans up to Rs. 500,000 for skilled youth to start businesses.
2. Who can apply for the Rural Economic Transformation Project?
Youth from rural areas, including women, can apply for free training and financial support under this program.
3. How many colleges are being upgraded under the technical education program?
Two colleges will become Centres of Excellence, and 22 other technical colleges will be upgraded.
4. What is the benefit of on-the-job training for TEVTA graduates?
It provides practical work experience, helping graduates find better jobs and improve their skills.