Prime Minister Imran Khan on Wednesday introduced an interest-free loan programme worth Rs407 billion under the Kamyab Pakistan program to make “low-income groups financially self-reliant”.

Prime Minister Imran Khan on Wednesday introduced an interest-free loan programme 

ISLAMABAD (Capital city):



kamyab jwan program



The prime minister introduced the scheme while addressing a ceremony which includes the people belonging to low-income groups at Faisal Mosque in capital city Islamabad.

LIVE #APPNews: Prime Minister @ImranKhanPTI addressing launching ceremony of the distribution of interest-free loans for low-income group under Kamyab Pakistan Program. 

Under the Kamyab Pakistan Programme, the government will distribute loans among the youth, women, and farmers during the coming two years in a bid to deal with  poverty.

The prime minister said 4.5 million families would get advantage from the interest-free loans to start small businesses, construct houses, invest in farming and learn technical education etc.

Imran said so far Rs2.5 billion had been disbursed among the low-income groups of society  in different welfare schemes. He said the banks had also provided loans of Rs55 billion under the housing projects introduced by the government.

By next  coming year, the federal government will give  loans worth Rs1,000 billion to the above mentioned 4.5 million families, the premier said, adding that the government has plans to expand this programme all around  the country.

Under the programme, the government will give a family living in city areas Rs 0.5m to start a small business whereas Rs0.3m will be given to people living in village areas to use the money on the agricultural land. The government will also give Rs2m for the construction of the new houses.

The premier said Pakistan had been envisioned as a “welfare state” in line with the rules and regulations of the state of Medina. However, deviation from this ideology resulted in many difficulties faced by Pakistan, he added.

When talking about health cards, he said the national health insurance programme launched by the government would help to broad up the medical setup in public and private sectors all around the country.

He said allowing free medical treatment worth Rs1 million to every household annually was a “proud step taken by his government”.

Imran said he will introduce Rehmatul Aalmeen Authority on Thursday to teach children the “message of the Prophet (PBUH)”. He said the government will fulfil its obligation to teach the nation "seerat of the Prophet (PBUH)".

The premier said the government eradicated prices of petrol and electricity because of the increase in tax profits and promised that all the tax income collected by the government would be spent for the benefit of the general public.

Finance Minister Shaukat Tarin, in his audio and video message, said the programme was in line with the vision of a socio-welfare state to help the masses. He said interest-free loans besides the technical training would help the low-income group to earn their livelihood.

Akhuwat Foundation Chairman Dr Amjad Saqib said his organization had been distributing interest-free loans to deserving for the last 22 years. He said in collaboration with the government, Akhuwat Foundation would give interest-free loans worth Rs1 billion to 7,000 households. During the said period, the government will give a subsidy of Rs 56 billion for the purpose.