The Prime Minister’s Youth Program has witnessed a significant success over the past eight months during which huge amount has been distributed among young business owners.

According to official data, around two hundred and nine billion rupees have, so far, been distributed among thirty-one thousand seven hundred youth to establish and grow their businesses.

The youth are being provided an interest-free loan of five hundred thousand rupees under tier one, while under tier 2, loan of up to one point five million rupees is being provided with the interest rate of five percent.

The government has also simplified the process of loan and youth can apply online.  The loan is being provided through fifteen different banks.

This milestone achievement demonstrates the government’s commitment to fostering a supportive ecosystem for young entrepreneurs, enabling them to contribute to the country’s economic development and prosperity.