Ehsaas fund to receive additional Rs.5 billion funds

Islamabad: Prime Minister Imran Khan has approved an additional Rs5 billion into the existing fund for Ehsaas Programme. This will be followed into a launch for Ehsaas Qarz-i-Hasna and asset transfer scheme under the programme. The programme will be launched in collaboration with Pakistan Poverty Alleviation Fund as the existing partners.

invest with imarat

Islamabad’s emerging city centre

Learn More

The decision was taken during a briefing on the status of implementation of the Ehsaas programme by Special Assistant to the Prime Minister on Social Safety Nets and Poverty Alleviation (PASS), Dr Sania Nishtar.

Under the Ehsaas Qarz-i-Hasna, more than 80,000 loans will be disbursed amongst youth and women every month. It is expected to help those in underdeveloped districts undertake their own businesses.

Under the asset transfer scheme, people will be helped in starting their ventures through the provision of agricultural tools, livestock, sewing machines, shops or cash.

The Prime Minister was further briefed on the timelines for project implementations of Kifalat Programme and related polices for poverty alleviation. Dr. Sania also briefed PM on Tahaffuz Programme, nutrition initiatives, Ehsaas undergraduate student scholarship initiatives and more. A plan to create 20 centres for special people and opening of National Centre for Human Nutrition was also discussed.

According to Dr. Sania, policies regarding various constituents of the Ehsaas Programme will be presented post June for approval. A meeting at federal and provincial levels will be called together soon to devise a strategy for implementation of respective components.

For news and updates keep on visiting Graana blog

Maham Tahir

Recent Posts

Rome’s Affordable Real Estate Draws Increasing Investor Interest

As Milan’s real estate boom starts to stabilize, investors are increasingly looking toward Rome as…

1 day ago

Dubai’s Second Tallest Tower Burj Azizi Shatters Records with Global Luxury Sales Launch

Dubai’s skyline is set to welcome a new icon as Azizi Developments launches global sales…

4 days ago

Real Estate Set to Surge as Government Plans to Scrap FED on Property Deals

The federal government is considering removing the Federal Excise Duty (FED) on the transfer of…

5 days ago

Egypt Launches MLS-Powered Real Estate Platform for Transparency & Investment

Under the patronage of Minister of Housing and New Urban Communities Sherif El-Sherbiny and Minister…

5 days ago

CDA to Hold Open Auction for Commercial Plots in Islamabad from February 25

The Capital Development Authority (CDA) has scheduled an open auction for commercial plots at Jinnah…

5 days ago

Islamabad’s Three Day Spring Festival Set to Wow Visitors with Cultural Showcase

The capital city of Pakistan is gearing up for a grand celebration as Interior Minister…

6 days ago