News

Gender Equality: Government allocates 50 percent share of PM Youth Loans for women

In a bid to address the gender equality issue in Pakistan, an exact 50 percent share of the PM Youth Loan Program has been assigned towards women.

The steps in this regard were taken in line with Pakistan’s fifth goal towards Sustainable Development i.e Gender Equality. Special orders from the Prime Minister of Pakistan, Muhammad Nawaz Sharif were followed and the division of resources were revised to include a 50 percent share of women. The step will also ensure that Pakistan keeps abiding by to the rules as set by Convention on Elimination of All Forms of Discrimination against Women (CEDAW) of which it now forms a part.

The PM Youth Loan Program also known as the “Prime Minister’s Youth Business Loans” is a Federal Government’s initiative to extend loans the educated but unemployed youth of Pakistan wanting to open their business enterprises.

The Federal Government allocated a 10 percent quota for women at the Public Sector organizations. The respective Provincial governments have also raised the share of women in employment opportunities. For Punjab, it now stands at 15 percent while the Sindh government took it to 25 percent. Apart from this, Punjab government has also worked to add as much as 25,000 different posts for women in different government departments.

Among the other initiatives taken include the Waseela-e-Sehat and Waseela-Taleem program under Benazir Income Support Programme (BISP) which now greatly emphasize on the inclusion of women. A gender cell has also been established at the Election Commission of Pakistan to stir the women’s involvement in the upcoming elections.

The steps taken by the government throw light on the emphasis it is putting on women empowerment. However, we will still have to wait for the end-term results in order to gauge the practicality of these steps.

Source — APP via The Nation

Sponsored
Muneeb Ahmad

I love to talk about global tech-happenings, startups, industry, education and economy. Get in touch: muneeb@techjuice.pk.

Leave a Comment
Share
Published by
Muneeb Ahmad
Tags: NewsPakistan

Recent Posts

China’s Tencent Releases Large Language Model, Opens it For Enterprise Use

Capable of conversing in both Chinese and English, Tencent’s large language model ‘Hunyuan’ is claimed…

8 months ago

Apple Reportedly Spending ‘Million of Dollars Each Day’ for AI Training

Working on multiple AI models, Apple has allocated several teams who are working on artificial…

8 months ago

World’s Largest Wind Turbine Breaks Record For Power Generated In A Single Day-During A Typhoon

The world's largest offshore wind turbine has achieved a milestone by setting a new record…

8 months ago

YouTube Will Let You Play Mini Games Soon

YouTube is stepping into the world of gaming. YouTube has started testing out its gaming…

8 months ago

Pakistani Student Won First Position In Matric Exams of UAE

In a remarkable academic achievement, Abdullah Zaman, a Pakistani student hailing from Attock, has clinched…

8 months ago

‘Flying Bum’ World’s largest Aircraft Is Ready To Launch In 2026 With Hybrid Technology

Flying Bum, the world's largest aircraft is ready to launch in 2026. The Airlander 10…

8 months ago