Islamabad , June 8, 2023: Prime Minister Shehbaz Sharif has approved incorporating in the budget 2023-24 revolutionary programs for the welfare of youth, women and farmers.
Funds have been earmarked for special projects pertaining to the youth, women and agricultural tubewells.
According to details, the youth will be provided with interest free loans while endowment funds will be established for education and sports.
On the pattern of Punjab Endowment Fund, approval has been given by the Prime Minister for the establishment of Pakistan Endowment Fund for Education. Under this fund, scholarships will be provided to the talented but poor students.
A substantial amount has been set aside for the PM Youth Program to extend small loans to the youth. Resources have also been allocated in the budget for provision of various skills to the youth including those relating to the field of IT.
An amount has also been allocated in the budget for provision of one hundred thousand laptops to the youth. The youth will be provided with financial assistance for the IT related start-ups.
Funds have been set aside for promotion of sports activities in the country.
An amount has been earmarked for a program aimed at empowerment of women folk.
A program has been approved to convert agricultural tubewells to solar energy.