In the world of modernization and technology, the youth of the nation plays an important role in making the future of Pakistan. Recognizing the importance of youth, the Government of Pakistan introduced the Kamyab Jawan Program. The aim is to empower and support youth in their journey of achievement the success.
Kamyab Jawan Program was launched in 2019 by the Prime Minister of Pakistan. This Program focuses on providing financial assistance, skill development, and entrepreneurial opportunities to the youth of the nation.
Insight of Kamyab Jawan Program:
The Kamyab Jawan Program is introduced with the vision of youth facing challenges in their future to become successful. The aim is to provide the necessary tools, resources, and guidelines to release their perspective and become an active benefactor of the nation’s society and economy.
Targeted Focal Areas for Kamyab Jawan Program:
This program aims to undertake these three focal areas:
- Youth Entrepreneurship: Providing interest loans to empower and encourage youth to start their own business, and provide a boulder for economic growth and job creation.
- Skill Development: To enhance employability and professional competence in the youth of a nation, Vocational courses, and training are provided to the young generation under the Kamyab Jawan Program.
- Youth Engagement: A platform for youth is created to engage in useful activities, as well as community development projects and innovation-driven leadership.
Kamyab Jawan Program Eligibility Criteria:
For the Kamyab Jawan Program eligibility criteria were selected for deserving young people.
Ineligibility Criteria for Kamyab Jawan Program:
Many people get loans under the Kamyab Jawan program loan, who are eligible for the program. But many people can’t get loans due to some specific restrictions or maybe they are not eligible for this program.
- Applicants who don’t have proper business planning, their application will be rejected.
- Government Employees are eligible for giving loans under the Kamyab Jawan Program loan.
- Applicants who are bank employees are not eligible for this program.
- Applicants who are overseas Pakistani are not accepted for the Kamyab Jawan.
- Those applicants who belong to politics will not be given loans under the Kamyab Jawan Program loan scheme.
Kamyab Jawan Program Online Registration Process:
This digital approach of Kamyab Jawan Program Online registration allows the young generation to easily register themselves for this opportunity to get interest-free loans without any physical appearance or complicated paperwork.
These are the following steps to register yourself online for the Kamyab Jawan Program:
Step 1: The applicant should visit the official website for Kamyab Jawan Online registration. This website provides information about the program, its objectives, and other schemes.
Step 2: The applicant then inserts all of his personal information including CNIC number, Name, age, qualification, and Mobile phone number. Then the system verifies that the applicant is eligible of the applicant according to the criteria which are set by the program.
Step 3: After registration, KJP provides categories of entrepreneurship and skill development. Then the applicant will choose the category according to his field or goals.
Step 4: Applicant should submit some necessary documents like national CNIC, Educational certificates, and other applicable papers for their Kamyab Jawan Program application.
Kamyab Jawan Program Application status:
After registering in the Kamyab Jawan Program loan scheme, the applicant can see whether his/her application status they are selected for the program or not. Applicants can check their application status via the link given below:
Step 1: Open the Kamyab Jawan program website https://pmyp.gov.pk/.
Step 2: Track your loan application by filling up a form.
Step 3: The form requires a Phone number, CNIC, the issuance date of CNIC, and Date of birth.
Step 4: After filling out the form click on submit.
Step 5: After submitting the form, you will be presented with some results that should be :
Kamyab Jawan Program Loan :
Those applicants or deserving people who need a loan facility to start up a new business or to invest their amount in any business can easily apply for the Kamyab Jawan Program loan by following these steps:
Step 1: The applicant should visit the official website for the Kamyab Jawan loan. This website provides information about the program.
Step 2: After visiting the website, A loan application form needs to be filled with highlighted business ideas and the purpose of utilization of the loan.
Step 3: When the online application is completed, the applicant will receive confirmation of submission.
Types of loans for the Kamyab Jawan Program:
For the Kmyab Jawan Program Loan, there are selective types of loans available by the program.
Long-term loan:
Long-term loans are provided for machinery, running finance, and leasing of business on wheels whether it is 2/3/4 wheels or working capital loans.
Loan Size for Kamyab Jawan Loan:
Kamyab Jawan Program loan distributes loans in three tiers, according to business types for youngsters.
Tier 1 : (T1) provides loans between 100,000 to 1 million.
Tier 2: (T2) provides loans Above Rs 1 million up to Rs 10 million.
Tier 3: (T3) loans above Rs 10 million up to Rs 25 million.
The loan tendency will be up to 8 years. The Grace period will be up to one year, but also depends on the nature, and size of the business/loan.
Conclusion:
The government of Pakistan presents a promising and empowering ambition for the youth of the nation. Government introduced a program named Kamyab Jawan Program for deserving youth for self-employment. This program aims to help youth through skill development opportunities, financial assistance, and entrepreneurship platforms to the youth for a successful future because the youth plays a vital role in the economy and they have to sharpen the future of the nation.