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Home»News & Politics»PM Khan launched 1400 Billion Kamyab Pakistan Program
News & Politics

PM Khan launched 1400 Billion Kamyab Pakistan Program

faisaljeeBy faisaljeeOctober 4, 2021Updated:July 14, 2024No Comments3 Mins Read
PM is addressing the launching ceremony of Kamyab Pakistan Program
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Prime Minister Imran Khan launched Kamyab Pakistan Program worth 1400 billion rupees in Islamabad today aimed at uplifting 3.7 million poor households.
Speaking on the occasion, the Prime Minister termed it a landmark initiative saying it will bring improvement in the living standards of the common man.
Imran Khan noted that the program was prepared after hectic efforts and consultation process, and expressed the confidence it will move forward with success. He said a committee should also be constituted to evaluate its progress and address any problems coming in its way.
The Prime Minister regretted that our system only caters to a small segment of elite class. Inequality is the basis of the downfall of any society. The flawed policies of the past left far behind our marginalized segments of society.
He, however, said the present government is trying to change priorities to uplift the poor families. He said State of Madina was a successful model of the world because of its principles of humanity and justice.
The Prime Minister said the government is also cognizant of the problems faced by the downtrodden segments of the society due to price hikes. He said a program is being launched under Ehsaas to provide directly targeted subsidies to them on essential commodities such as flour, ghee, and sugar.
Imran Khan said we have also tried to absorb the maximum pressure of  international increase in the prices of commodities. There has been a one hundred percent increase in the prices of petroleum products over the last few months but we only increased their prices by twenty-two percent. For this, we slashed the sales tax and petroleum levy on petrol and diesel.
He said the wheat price increased by thirty-three percent and that of sugar by forty percent in the international market but we enhanced their prices by twelve and twenty-one percent respectively. He was confident that with improvement in supply chains in the world, the prices of commodities will come down and the benefit will be extended to the masses.
Touching upon the main components of Kamyab Pakistan Program, Finance Minister Shaukat Tarin said that under Kamyab Karobar, interest-free loans up to five hundred thousand rupees will be given to the poor households. Similarly, under Kamyab Kissan, interest-free loans will be given to the farmers.
Shaukat Tarin said the program will also enable these households to build their own houses. He said health cards will be provided to the poor households beside one person of each family will be provided with technical training.
The Finance Minister said the loan facility will be provided to the poor households at their doorsteps. He said Kamyab Pakistan Program will be expanded to six million households.
Shaukat Tarin said this initiative will help the poor households stand on their own feet and bring revolution in their lives.
Special Assistant on Youth Affairs Usman Dar, in his remarks, said Kamyab Pakistan Program is an important step towards a welfare state. He said this will strengthen the microfinance institutions and help alleviate poverty by generating immense job opportunities.
Chairman Naya Pakistan Housing Authority Anwar Ali Haider also spoke on the occasion.

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