President Dr Arif Alvi on Thursday urged parliamentarians and the media to sensitize women as well as people with disabilities to benefit from the government’s exclusive lending facilities to help them start their own businesses and achieve financial independence.
The president, addressing a check distribution ceremony among successful applicants for business loans and certificates among participants in free skills education courses, said applications for commercial loans received by banks from the share of women was only five percent of the total amount they had specified. for them.
Likewise, he said, the government had announced to provide 2,000 rupees per month to around two million disabled people, but only 350,000 of those people were registered with the government to benefit from the facility. First Lady Samina Alvi, Special Assistant to Prime Minister Usman Dar, President of First Women Bank Shahida Javed, President of the National Commission for Vocational and Technical Training (NAVTTC) Syed Javed Hassan, parliamentarians as well as Kamyab Jawan program beneficiaries attended the event. held at the Aiwan-e-Sadr.
The president, who had previously distributed checks and certificates to beneficiaries, has repeatedly stressed the need to promote artificial intelligence and computing, which he says could change the fate of the country by creating immense opportunities. employment for young people.
Over the past two or three years, he said, his artificial intelligence and computing initiative, and free courses on the subjects had created dynamism in the country, which would ultimately open up new avenues for progress. .
He said that in addition to creating business opportunities, the Kamyab Jawan program also puts young people on the path to financial independence.
He said that following careful government policies, especially to support the construction industry, workers’ incomes doubled as the textile industry faced a shortage of skilled labor.
He said that ideally the skilled workforce should serve in the country; however, they could work for foreign organizations until intellectual buildings were established in the country to absorb these skilled workers.
Praising the National Vocational and Technical Training Commission (NAVTTC) for training young people in multiple disciplines, the president called for taking shortcuts to equip people with different skills and make them a winning hand. He illustrated that China had lifted an estimated 800 million people out of poverty simply by providing them with modern vocational training, which not only earned their livelihood but also created jobs for others.
The president also called for making it easier and easier to apply for loans, as banks were not yet used to advance interest-free or unsecured loans.
He said that although the Kamyab Jawan program website provides guidelines for loan seekers to prepare for the feasibility of their business idea, there is still a need to establish systems for this purpose.
He said that a one-stop-shop operation had also been launched under the Ehsaas program to facilitate applicants for business loans and other such programs.
“We must put women on the path of the Kamyab Jawan program. We must remove the barriers. Every time they (women) go to a bank, there should be someone to guide them in preparing the feasibility and processing the loans, ”he said. President Alvi said the State Bank has made the lending process for home loans more flexible because applicants can also provide utility bills, a rental agreement or other evidence that allows banks to determine their limit. of loan as well as to judge the capacity to pay the installments.