Jobless Pakistanis to get loan through lucky drawJanuary 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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Tags: ali shah, chief minister, dawn, economic activity, interest free loans, lucky draw, pakistan, pakistanis, poverty alleviation, qaim ali, service sectors, sindh government, sindh province, unemployment rate, zardari