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

Rent Over Ownership: Melbourne Leads a New Housing Trend

MELBOURNE — A new analysis by Deluxe Holiday Homes has highlighted significant shifts in Melbourne's…

5 hours ago

Fire Engulfs Ski Resort Hotel in Türkiye, Leaving 10 Dead and 32 Injured

ANKARA — A devastating fire at the Kartalkaya ski resort in northern Türkiye claimed the…

1 day ago

Vietnam’s Real Estate Market Braces for Growth in 2025

As Vietnam heads into 2025, the real estate market presents a dynamic mix of challenges…

1 day ago

Dubai’s Secondary Housing Market Set for Strong Growth in 2025

Dubai’s secondary housing market is predicted to see robust growth in 2025, with demand for…

1 day ago

California’s Wildfires Spark an Unforeseen Housing Crunch in Los Angeles

As Los Angeles County grapples with the aftermath of some of the most destructive fires…

1 day ago

CDA Launches New Plant Relocation Initiative

On Friday, Azam Nazeer Tarar, the Minister for Law and Justice, informed the Senate that…

2 days ago