Prime Minister Imran Khan has officially inaugurated the National Poverty Graduation Initiative which will provide the less fortunate with interest-free loans to fight poverty.
An inaugural ceremony was held in Islamabad on Friday. While addressing the ceremony, Khan said the program will run under the umbrella of Ehsaas Program.
As many as 80,000 people, including youngsters and women, will be provided with the interest-free loans to set up a small business. This will give them the required boost to fight poverty.
The premier criticized former rulers who, instead of serving masses while in power, served their own interests and destroyed the economy.
He said that in Naya Pakistan, the government will follow the Chinese model to eliminate the menace of poverty.
China showed how it is done. They brought at least 70o million people out of poverty over 30 years.
He said that this initiative is expected to change the mindset of the people and help them uplift their condition.
PM Khan dispersed cheques of interest-free loans among the attendees belonging to the underprivileged class.
“We are giving interest-free loans to 82,000 people today. In sha Allah, we will empower the weak segment of society,” the premier said.
The prime minister concluded with offers of three to ten percent rewards to everyone who identified a benami asset owned by a Pakistani citizen. He said the amount recovered from benami properties would be used for the Ehsaas program.
There is a difference between communist and a federal socialist republic. If IK wants to follow China, is he thinking of himself as a leader for 10 more years? Bringing people out of poverty is impossible with out wiping out corruption.
sounds less like chinese model & more like bhutto’s “roti kapra or makan” rhetoric. pay the poor to stay poor…