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

PSEB Opens Bidding for Nationwide e-Rozgar Centers

The Pakistan Software Export Board (PSEB) has launched a nationwide program to encourage IT startups…

7 mins ago

Google Play Services Bug Disrupts Access to Apps for Pixel Users: Here’s How to Fix It

A significant issue with Google Play Services has left many Pixel users unable to access…

11 mins ago

WhatsApp Beta Partners with Google for Innovative Image Search Feature

When it comes to Android messaging apps, WhatsApp stands out as one of the best.…

49 mins ago

Farrukh Sabzwari Appointed as CEO of PSX, Set to Serve for Three Years

Farrukh H. Sabzwari has been appointed Chief Executive Officer (CEO) of Pakistan Stock Exchange Company…

2 hours ago

250 Government Schools to Be Run by Private Sector

RAWALPINDI: The chairman of the Punjab Education Foundation, Malik Shoaib Awan, stated on Monday that…

3 hours ago

Pakistan Launches First National Sex Offenders Register to Combat Sexual Violence

Pakistan has taken a significant step towards addressing sexual violence and abuse with the introduction…

3 hours ago