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Internship and Loan Program
On Friday, November 8th, Chief Minister Ali Amin Gandapur launched the Youth Internship Program and Ehsaas Youth Program at his home in Peshawar. This initiative is designed to help young people become more independent. The program offers soft loans of up to Rs 50,00,000 to groups of three to five entrepreneurs. These loans aim to help start new businesses and create jobs for interns. To make the process easier, an online portal was introduced so applicants can apply for loans from the comfort of their homes. This program is a significant step towards empowering the youth in Khyber Pakhtunkhwa (KPK) by providing them with the financial support they need to succeed.
Goals of the Youth Internship and Ehsaas Naujawan Programs
The Youth Internship Program and Ehsaas Naujawan Program have clear goals to support young people in KPK. The Youth Internship Program aims to provide job opportunities to 400 trainees every year. Over three years, the government plans to serve 1,200 interns with salary packages of up to Rs 25,000 each. Each internship lasts for three months, giving trainees valuable work experience. The Ehsaas Naujawan Program focuses on empowering youth by offering soft loans to start businesses. By providing financial assistance and job opportunities, these programs help young people become self-reliant and financially stable, contributing to the overall growth and development of the region.
Creating Job Opportunities for Youth in KPK
The Khyber Pakhtunkhwa government has taken a major step to create jobs for young people through the Youth Internship Program. This program is set up to provide employment to interns across the province. Each year, 400 trainees will receive job opportunities, with the aim of reaching 1,200 interns over three years. The interns will be paid up to Rs 25,000 for a three-month period. This initiative not only provides financial support but also valuable work experience, helping young people build their careers. By offering these opportunities, the government hopes to reduce unemployment and empower the youth to become self-sufficient and economically independent.
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Eligibility Criteria for the Internship Program in 2024-25
To join the Youth Internship Program, applicants must meet certain criteria. First, they must be 29 years old or younger. Second, they need to be permanent residents of Khyber Pakhtunkhwa. Third, applicants should have completed at least 16 years of education or hold a degree equivalent to this level. Lastly, their educational qualifications must be recognized by the Higher Education Commission (HEC). These requirements ensure that the program supports motivated and qualified young individuals. Once selected, interns will have the chance to work in public and private sectors, gaining valuable experience and moving towards permanent employment. This structure helps interns build a stable financial future and contribute positively to their communities.
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Launch of the Ehsaas Naujawan Program
Chief Minister Gandapur also launched the Ehsaas Naujawan Program to further support the youth of KPK. This program provides soft loans of up to Rs 5 million to groups of three to five people. The goal is to help young entrepreneurs start their own businesses instead of taking low-paying jobs. The program encourages ownership and management of small businesses, promoting financial independence. You can submit applications for the Ehsaas Naujawan Program online through the portal at [https://ehsaasnaujawan.bok.com.pk](https://ehsaasnaujawan.bok.com.pk).. With an investment of Rs 3 billion over three years, the program aims to significantly boost the local economy by supporting diverse business ideas and fostering entrepreneurial spirit among the youth.
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Special Quotas and Repayment Plan
The Ehsaas Naujawan Program includes special quotas to ensure inclusive support. Fifteen percent of the loans are reserved for women, allowing them to start small businesses from home and support their families. Additionally, 2.5% of the loans are set aside for persons with special abilities, 5% for madrassa students, and another 2.5% for minorities. This inclusive approach ensures that various groups within the youth population receive the support they need. The repayment plan for these loans is designed to be manageable, with an eight-year period for repayment. The first 20 months serve as a grace period, giving new businesses time to grow without the immediate pressure of repayments. This flexible repayment structure helps businesses stabilize and thrive, ensuring long-term success for the young entrepreneurs.
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Conclusion
The KP Youth Internship Program and Ehsaas Naujawan Program, launched by Chief Minister Ali Amin Gandapur, provide valuable job and business opportunities for the youth of Khyber Pakhtunkhwa. These programs aim to help young people achieve self-independence and financial empowerment through interest-free soft loans of up to Rs 5 million and special quotas for women, madrassa students, and minorities. By offering financial support and creating job opportunities, the government is taking significant steps towards empowering the youth and fostering economic growth in the region. These initiatives are essential for the progress and development of KPK, ensuring that the young population can contribute effectively to the country’s future.
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FAQs
Who can apply for the Youth Internship Program in 2025?
Young individuals aged 29 or below who are permanent residents of Khyber Pakhtunkhwa and have at least 16 years of education recognized by HEC.
How can one apply for the Ehsaas Naujawan Program in 2025?
Applications can be submitted online through the portal
What is the repayment period for the soft loans in 2025?
Loans must be repaid within eight years, with the first 20 months as a grace period.