Another initiative of the PTI government to launch the “Ehsaas Assets Transfer Scheme” to support low-profile families by providing loans for starting businesses. As we all know, the ratio of inflation and unemployment has been promptly increased compared to the last 5 to 7 years. The basic purpose of starting this program is to empower underprivileged families to start their own businesses financially. The Govt wants to provide financial support to deserving people, which is helpful to generate monthly income.
The Special Assistant to the Prime Minister, Dr. Sania Nishtar, announced the Ehsas Asset Transfer program under the Ehsaas Program, the most prominent initiative to help poor and deserving people financially.
The Government of Pakistan would disburse 60,000 loans each month to needy people. It has been started in every district of Punjab, Sindh, Balochistan, and KPK. Under the Asset Transfer scheme, the people can be facilitated through livestock (chickens and goats), sewing machines, agriculture tools, local crafts, supplies, shops, and cash to empower through business.
Ehsaas Assets Transfer Scheme 2022 Eligilbity Criteria
Who can be facilitated through the Ahsaas Assets Transfer Scheme;
- Unemployed/Jobless Person
- Who wants to start their business but don’t have finance
- Not Expected To Return the Loan amount