Jobless Pakistanis to get loan through lucky draw

January 27th, 2012 - 1:52 pm ICT by IANS  

Islamabad, Jan 27 (IANS) Pakistan’s Sindh province will disburse interest-free loans to jobless youths through a draw of lots.

The Sindh government has provided Rs.12 billion to give interest-free loans of Rs.300,000 each to about 35,000 eligible youths, reported the daily Dawn.

President Asif Ali Zardari will make a computerised draw for recipients of the Waseela-i-Haq poverty alleviation programme.

Sindh Chief Minister Syed Qaim Ali Shah said that the scheme will generate economic activity.

He said Sindh had always had a high unemployment rate because of largely underdeveloped industrial and service sectors.

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