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Check latest hot topics and new pictures Last Updated: 27 May, 2012
Jobless Pakistanis to get loan through lucky draw

Jobless Pakistanis to get loan through lucky drawIslamabad, Jan 27 - Pakistan's Sindh province will disburse interest-free loans to jobless youths through a draw of lots.

The Sindh government has provided Rs. 12 billion to give interest-free loans of Rs. 300,000 each to about 35,000 eligible youths, reported the daily Dawn.

President Asif Ali Zardari will make a computerised draw for recipients of the Waseela-i-Haq poverty alleviation programme.

Sindh Chief Minister Syed Qaim Ali Shah said that the scheme will generate economic activity.

He said Sindh had always had a high unemployment rate because of largely underdeveloped industrial and service sectors. (IANS)