The PTI government is deliberating over the launching of the Kamyab Overseas Program to provide interest-free loans to citizens who are unable to bear the cost of migration due to their poor social status.
The Ministry of Overseas Pakistanis and Human Resource Development (OP&HRD) has asked the Finance Division to arrange for the provision of funds by the commercial banks for the distribution of subsidized loans to the eligible intending emigrants official sources. Here is Ehsaas Program 12000 Online Apply | 12000 Ehsaas Program Code
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The source shared the details of the program. It said that the Ministry of OP&HRD has prepared a plan to launch an interest-free loan scheme for the Kamyab Overseas Program under the Kamyab Pakistan Program for financially poor intending emigrants. The source said that a summary would be presented to the federal Cabinet for approval. Check out latest Ehsaas Program 12000 Check Online 2022
The source added that the government intends to promote economic development in the country by supporting the marginalized segment of society through the Bureau of Emigration & Overseas Employment (BE&OE). The bureau has the mandate of human resources development and employment promotion for prospective overseas workers.
To achieve this goal, the Ministry of OP&HRD collaborated with non-profit Micro Financial Institutions (MFI) like the National Rural Support Programme (NRSP) and Akhuwat to develop a proposal for prospective low-income overseas workers with confirmed job offers and valid travel documents. This collaboration will facilitate such eligible candidates for the provision of Interest-Free Loans under the Kamyab Overseas Program. Here is another one of the best program by government Ehsaas Program CNIC Check Online Nadra 2022
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The government is focused on facilitating and producing opportunities for the employment and financial inclusion of young people so they can play a constructive role in enhancing Pakistan’s position in the global markets,” added the source.
Accordingly, the government has introduced the Prime Minister’s ‘Kamyab Jawan Youth Entrepreneurship Scheme’ and the ‘Prime Minister’s Hunarmand Programme-Skills for All’ programs to bridge the gap between the educated youth and active labor market participation.
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Similarly, the Kamyab Overseas Program needs the hour to increase the number of Pakistani human resources in the destination countries to accommodate the youth bulge. This program will boost economic activities, and the flow of foreign remittance in the country and will be helpful for the socio-economic betterment of the people.
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The Ministry of OP&HRD has submitted a proposed draft agreement between the BEOE and the MEI for the Steering Committee of the Finance Division. The source said the latter had been requested to initiate the summary of the Kamyab Overseas Program for the support of the Cabinet.
The Ministry of OP&HRD has asked the Finance Division to arrange the provision of funds by the commercial banks to the MFIs for the distribution of subsidized loans to the eligible intending emigrants. They have confirmed overseas job/employment agreements by the Director-General of the BEOE.
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