Aimed at training the educated youth of Pakistan through internship in private and public sector offices.
- 16 years HEC recognized degree or equivalent.
- Diploma of 3 years after Matric / FSc.
- Madrassah graduates are also entitled to apply.
- 50% of marks or 2.5 CGPA in final degree/diploma is the minimum threshold for selection of interns.
- Age limit is upto 25 years on 28-02-2017.
- Pakistani National.
- There is no gender discrimination female candidates will be encouraged to apply.
All over Pakistan
Rs.12,000 per month for 12 months
Number of Interns
Focal points in each private and public office will be responsible for ensuring effective use of the internees’ services
Areas of Training
All leading private sector firms/bodies and development sector organizations, federal, provincial and local government offices including educational institutions will be offered services of the internees
Allocation of Interns
Primarily, the allocation of interns will be made in accordance with the NFC award and FPSC’s recruitment criteria for provincial/regional quotas for all three years. The selection of Interns will be as per their domicile but can be placed in originations outside of their domicile region based on the demand profile and matching of applicant profile. Per year allocation of interns is as under
|Province||Quota||Total Batch-I & II||Total Batch-III||Total Placement|
|Azad jammu and Kashmir (AJK)||1000||544||511||1055|
Micro-finance facility aimed at helping the industry raise current access level of 2.5 million people to 5.0 million in next 5 years.
Vulnerable rural and urban poor with a poverty score of up to 40
The focus of the program would be in the category of the poor scoring between 18.5 and 40. Even though double dipping will not be allowed to those who are recipients of loans under BISP, since not all those scoring up to 18.5 are BISP recipients (BISP micro-scheme or actual BISP) or taking loans under BISP umbrella, they will be eligible provided they meet other requirements of this scheme.
For further details visit http://www.ppaf.org.pk/ .
Focus on Women
50% of loans will go to women borrowers.
All over Pakistan, preferably limited and un-served areas.
The focus will be on districts with no or low microfinance network facilities. Districts in which microfinance beneficiaries are 12 percent or below as per the Micro Finance Network (MFN) data, will be given first priority
It will not carry any mark-up.
Tenor of Loan
Up to 3 years
Size and Number of Loans
250,000 loans of Rs.25,000 average (upto RS 50,000)
Total Budget 3.5 billion
Total amount released 3.5 billion
|Number of Loans Disbursed||272,092|
|Amount disbursed to Borrowers
(Rs. In Million)
|Amount Disbursed to 26 POs by PPAF till date (Rs. In Million)||3,100|
|Average loan size||22,455|
|Rate of Recovery||(99%)|
|No of Partner Organizations (POs)||26|
|Number of branches/loan centers established||233|
|No. of Districts Covered||44|
|No of Union Councils (UCs)Covered||431|
The name of the scheme will be “Prime Minister’s Youth Business Loans” and it will focus on (but will not be restricted to) unemployed youth, especially educated youth looking for establishing or extending business enterprises.
Applicant may apply for loans under this scheme only from the designated branch mapped with his/her area of residence/business
One/Up to 03 Guarantor/s having cumulative income equal to 1.5 of the amount applied for under the scheme Personal/Blood relations can also give guarantee for a borrower.
A government servant of BPS-16 and above can also act as a guarantee.
Focus on Women
50% quota of women borrowers.
90:10 with tenor of up to 8 years (including 1 year grace period). The borrower’s contribution of equity would be either in the form of cash or immoveable property, and will be required only after approval of the loan.
Permissible collaterals (business hypothecation)
6% fixed for borrower but government will pay the difference of the cost at KIBOR+500 bps.
Sectoral Distribution of Loans
For the time being, there will be no limit on the maximum number of loans for any sector. Placement of ceilings can be considered subsequently keeping in view the importance of sectors and applications received for various sectors.
Size of Loan
Up to Rs. 20 lacs
Whole of Pakistan
In the case of Balochistan, at least one branch of NBP will be designated per division
All non-designated NBP branches will guide the borrowers to the nearest designated branch along with facilitation to receive and dispatch the application to the nearest designated branch if so requested by the borrower.
SBP to ensure that loans are broadly in conformity with provincial populations.
Form processing Fee
Non-refundable form processing fee would be Rs.100/- at the time of submission of form. However, no fee will be charged for the form itself and a photocopy will also be admissible.
Will require minimum essential information and the format will be as simple as possible to facilitate applicants
SBP will arrange appropriate training for private banks to implement the scheme. NBP and FWBL will provide appropriate training to their own staff. NBP will also assist in training of FWBL and SMEDA Staff
- National Bank of Pakistan(Branches)
- Frst Women Bank Limited(Branches)
- Habib Bank Limited(Branches)
- Habib Metropolitan Bank(Branches)
- Bank Al-Habib(Branches)
- Sindh Bank(Branches)
- Summit Bank(Branches)
- Al Baraka Bank(Branches)
- Dubai Islamic Bank(Branches)
- Allied bank Limited(Branches)
- Muslim Commercial Bank(Branches)
- JS Bank(Branches)
- United Bank Limited(Branches)
- Askari Bank(Branches)
- Soneri Bank
- Meezan Bank
Sectors and Products
All sectors. Standardized schemes/projects/ undertakings will be designed by SMEDA, projects designed by private sector service providers or by individuals themselves.
Role of SMEDA:
The 50 or so feasibilities prepared and uploaded by SMEDA would be extensively publicized and their access to public made easier through multiple linkages with other relevant websites;
SMEDA will work closely with Punjab Information Technology Board (PITB) to ensure that the schemes are accessible to those who participated in the PITB survey;
|Banks||Applications Received||Applications sanctioned||Disbursement|
|Bank Al Habib||54.00||22.00||37.48||22.00||37.48|
|Dubai Islamic Bank||2.00||2.00||3.70||–||–|
- Agri – Processing03
- Dairy & Livestock10
- Gems & Jewelry01
Aimed at encouraging pursuit of higher education by students from less developed areas through financing of their tuition fees paid directly to universities. Upfront payment of tuition fees directly to the universities at the time of admission by the deserving students has been started from Spring 2015 semester.
All students registered in Masters/Ph.D programs in an HEC approved public sector educational institution.
For further details visit http://www.hec.gov.pk/frs
Students domiciled in interior Sindh, Southern Punjab (Divisions of Multan, Bahawalpur and DG Khan), entire Balochistan, less developed areas of KP (Malakand, Kohistan, DI Khan, Lakki Marwat, Batagram, Kala Dhaka/Torghar, Hangu, Kohat, Bannu and Karak), GB and FATA.
The districts of Layyah, Mianwali, Bhakkar, Khushab, and Attock will also be included.
Average Tuition Fees
Rs.40,000 per year
50,000 students (year 2013-2014)
Higher Education Commission (HEC) in collaboration with the Ministry of Education and Trainings, which will be responsible for its implementation on the ground.
Update on FY 2016-17:
- First phase of online registration for newly enrolled students was launched during 15thJuly 2016 to 30th Nov 2016.
- Second and last phase of online registration for newly enrolled students has been started from 1st January 2017 and last date is 15th April 2017.
The status of students registered so far is as under:
|New Registration||Approved||Disapproved||Pending||Total Registered students|
Following is the program wise detail of amount released to universities for FY 2016-17:
|Master||MS/M.Phil.||PhD||Total No. of Students||Total Amount (Rs. in Million)|
|Other Administrative Expanses||5,495,044|
- Higher Education Commission (HEC) in collaboration with the Ministry of Education and Trainings, which will be responsible for its implementation on the ground.
People to contact
PPL announces Scholarship Scheme 2016-2017 for students of Balochistan under a 4-year Study Plan from Grade 9th to 12th
In order to impart quality education to promising and underprivileged youth of Balochistan, Pakistan Petroleum Limited (PPL) announces scholarships under 4-year educational programme for students of Dera Bugti and other districts in Balochistan who are presently enrolled in Grade 9 at any well-reputed Cadet/ Military/ Residential schools & colleges established by the government across the country.
Details of scholarship schemes together with the eligibility criteria can be obtained from the following advertisement texts.
Online application form will remain available at: http://www.ppl.com.pk/content/education/scholarship-schemes until the deadline on October 31, 2016.