The Khyber Pakhtunkhwa (KP) Government has launched four groundbreaking initiatives under a massive Rs. 15 billion youth empowerment program. These schemes are aimed at providing skill development, financial support, and job opportunities to thousands of young individuals across the province. With an emphasis on economic independence and skill-building, this program is set to transform the future of KP’s youth.
Ehsaas Hunar Scheme: Interest-Free Loans for Youth
The Ehsaas Hunar Scheme is a key component of this initiative, designed to foster youth entrepreneurship. With a budget of Rs. 4 billion, it offers interest-free loans of up to Rs. 500,000 to skilled youth. This scheme empowers young people to start their own businesses and achieve financial independence.
To date, Rs. 2 billion has been allocated for this scheme in the current fiscal year. More than 35,000 youth are expected to benefit from this program by establishing businesses and creating job opportunities for others. This initiative provides a solid foundation for entrepreneurship and income generation.
👉 Also Read: BISP Stage Two Installment
Rural Economic Transformation: Training and Financial Support
The Rural Economic Transformation Project, a collaboration between the KP Government, the European Union, and IFAD, focuses on empowering rural youth, especially women. It includes free technical training for 60,000 individuals, equipping them with skills to become self-employed.
Additionally, financial support of $300 will be given to 42,000 skilled youth to help them launch small businesses. This project is poised to drive long-term economic growth in rural areas by creating sustainable employment opportunities.
👉 Also Read: Pakhtunkhwa Unveils Ehsaas Youth Internship Program
Upgrading Technical Education Institutions
The KP Government is also committed to enhancing technical education by upgrading two colleges in Abbottabad and Nowshera into Centres of Excellence. These state-of-the-art facilities will offer modern training programs tailored to meet the demands of today’s job market.
In addition, 22 other technical colleges will be upgraded with better infrastructure and equipment, ensuring students have access to top-notch training. These improvements will significantly increase the employability of graduates, enabling them to secure well-paying jobs both locally and internationally.
👉 Also Read: Punjab Free iPad Scheme for Students
On-the-Job Training for TEVTA Graduates
The On-the-Job Training Program for graduates of the Technical Education and Vocational Training Authority (TEVTA) bridges the gap between academic knowledge and real-world work experience.
By placing graduates in practical job settings, this program enhances their skills and prepares them for the workforce. It not only improves employability but also ensures that businesses have access to well-trained workers ready to contribute effectively. This initiative is expected to elevate the overall workforce quality in KP.
👉 Also Read: Change in Petrol and Diesel Prices
Conclusion
The KP Government’s youth empowerment initiatives are a bold investment in the province’s future. These programs aim to address unemployment and skill gaps while fostering economic growth. By providing interest-free loans, technical training, upgraded education facilities, and on-the-job experience, the government is creating a pathway for young individuals to thrive. These initiatives are not just about empowerment—they are about building a prosperous, self-reliant generation that will drive KP forward.
👉 Read More: https://govtinfohub.pk
FAQs
1. Who can apply for the Ehsaas Hunar Scheme?
Skilled youth in KP who are interested in starting their own businesses can apply for loans under this scheme.
2. What is the financial support provided under the Rural Economic Transformation Project?
Eligible youth receive $300 as financial aid to launch small businesses after completing their training.
3. What improvements are being made to technical education?
Two colleges in Abbottabad and Nowshera are being transformed into Centres of Excellence, while 22 other institutions will receive upgrades to meet modern standards.
4. How does the On-the-Job Training Program benefit TEVTA graduates?
It provides hands-on experience in professional settings, making graduates job-ready and enhancing their employability.