Budget 2016-17: Rs. 20 Billion Allocated for PM’s Special Projects for Youth

Federal government has allocated Rs. 20 billion for the year 2016-17 for Prime Minister’s Special Schemes, revealed budget documents that are available with ProPakistani.

According to details, Rs. 20 billion in fund for Prime Minister’s special projects have been allocated, up from Rs. 19 billion that was allocated last year.

Finance Minister, during his budget speech, said that Prime Minister’s special schemes have been doing well and that’s why a 5% increase in its funds have been approved.

According to details Prime Minister’s special schemes will include six programes, which are as following:

• Prime Minister’s Youth Business Loan Scheme
• Prime Minister’s Interest Free Loan Scheme
• Prime Minister’s Scheme for Provision of Laptops to Talented Students
• Prime Minister’s Fee Reimbursement Scheme for Students of Less Developed Areas
• Prime Minister’s Youth Training Programme
• Prime Minister’s Youth Skills Development Programme

Government said that all above mentioned programmes will be made operational during 2016-17