‘BISP training programmes opened new vistas for youth’

KARACHI - The seventh batch of 86 jobless youths completed training under ‘Waseela-e-Haq’ Sindh scheme of Benazir Income Support Programme (BISP) here on Monday.
The interest free loan to jobless youth for initiating their own business under Benazir Income Support Programme would not only improve the socio economic condition of the beneficiaries but it also opens a new vista of economic development in the country, remarked Syeda Shehla Raza, Deputy Speaker of the Sindh Assembly.
She said that efforts have been initiated to help eliminate the poverty from the society.
Shehla Raza said that Benazir Income Support Programme was launched in line with the vision of Shaheed Mohtarma Benazir Bhutto.
She expressed these views while speaking as a chief guest at the concluding ceremony of the training of the 86 jobless youths under Waseela-e-Haq Sindh scheme who received Rs0.3 million interest free loan for launching their own business under Benazir Income Support Programme.  Benazir Income Support Programme is not limited to only one political party but is serving the genuine beneficiaries all over Pakistan without any discrimination.
Sindh Benazir Income Support Programme Director General, Zafarullah Soomro, also informed that a total of 22 thousand jobless youth have been selected through balloting by President Asif Ali Zardari for grant of interest free loan up to Rs 0.3 million so that they could launch their own business and improve socio economic condition of their family members.
It offers Rs300,000 long term interest free financial assistance to be recovered in 15 years, is issued without any collateral.
He said the government had started helping deserving people in education, health, insurance and introduced insurance scheme for the widows who lost their bread earners.
Out of 22,000 beneficiaries, 30 from each district of the province have been selected for seven days training of utilizing of granted loan in a proper business.
He added that his programme would help in eradicating poverty from the country.
The Waseela-e-Haq Sindh Scheme will help thousands of families graduate out of the monthly subsistence, and set up their own small businesses and live a life of dignity and self respect, he further stated.
While speaking at the ceremony, Ghulam Nabi Babar, Director BISP Karachi, said that Under Benazir Income Support Programme, different projects have been launched by the government aimed to eradicate poverty and improve the socio economic condition of the poor people of the country.  The programme is being carried out in transparent manner with availability of all required data of the beneficiaries, he added.
The beneficiaries who completed the training thanked President Asif Ali Zardari and Sindh Chief Minister Syed Qaim Ali Shah for their peoples oriented projects particularly the provision of interest free loans to jobless youth.
Such programme will definitely bring an economic revolution as the jobless youth received the opportunity of starting their own business, they added.
Sindh HQ Director Pervaiz Iqbal, Ghulam Nabi Babbar, Director Karachi BISP, Shafquat Ali, Media Officer BISP Sindh, and others attended the ceremony.

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