Every Young gun above 21 years till 45 are planning for taking loan under the upcoming Prime Minister Youth loan Scheme for Business.Loan is comprised into various trades, starting from range between 100k to 2 million.Any Pakistani between age of 21-45 can take loan by applying through filling form & submitting Rs.100 in any NBP Bank all over Pakistan.A Gazette officer above 15 grade required to hold responsibility and attesting form.
In the 1st phase of scheme, only 100k people will be provided loans.No one is seeing towards brightest sight of scheme that for applying this scheme you have to deposit Rs100 PKR into bank in initial basis whether you 'll got loan or not.
Pakistan has above 55% youth according to recent survey of Pakistan Bureau of Statistics
in 2013.Pakistan has almost 180 million population, so its mean 90 million are young.If we consider just 10 million people will apply for the above loan scheme than we can get the application fees amount as under
10 million multiply by Rs.100 = 1000,000,000
WOW....Hats off to the Prime Minister especially his Finance Minister Ishaq Dar. They are earning huge amount in the name of application fees.No one knows whether they will give loan to 100k people or not.
Also we have just took example of atleast 10 million people out of 180 million.Also we have not discussed interest rate on the loan.Meanwhile we can say that this tenure of Nawaz Shareef will give its cabinet a chance to make most of it due to evil policies of Ishaq Dar.
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