BAHAWALPUR: Prime Minister Mian Muhammad Nawaz Sharif giving credit to his government said that thank to transparent policies no scandal of corruption has surfaced during the last six months and explained that the Prime Minister Business Loan Scheme for Youth is not a political gimmick.
Addressing a function in connection with Prime Minister Business Loan Scheme for Youth in Bahawalpur‚ he categorically stated that one hundred billion rupees scheme has not been launched for political gains as it is in the best national interests. He said the future of this country is linked with the youth and expressed the confidence that they will not disappoint the nation.
He hoped that the first year of loan scheme will be a success story for the youth and in the next four years‚ more allocations will be made for the scheme. He said he will visit each nook and corner of the country to get firsthand knowledge of the problems being faced by the youth.
Referring to the challenges of militancy‚ terrorism‚ unemployment and energy shortage in the country‚ the Prime Minister expressed the commitment to confront them at all costs. He said previous governments did nothing for the resolution of these problems, adding that the previous governments promoted corruption.
He said though the issue of electricity shortage has not been resolved fully and much more needs to be done in this regard‚ yet the supply situation has improved a lot during the last six months. He said mega projects such as dams of Diamer Basha‚ Dasu‚ Bunji and coal based Gaddani and solar park will be constructed in order to overcome the power shortage.
Nawaz Sharif said that rule of law is panacea to all our problems and we want to ensure it at all levels. If rule of law had been followed and enforced in our country we would not have faced the problems which we are going through. Our religion also teaches us the same.
Prime Minister said the youth Business loan scheme is not a political slogan but a fulfillment of promise with the youth of Pakistan. I have started this scheme as a national cause and only economic and development interest of the country has urged me to start this scheme, PM added.
PM said that the youth of our nation has remained neglected and it is time that their real potential is used for the benefit of the country. Such schemes should have been started right at the time of inception of Pakistan. He told that the developed countries like Germany Japan and USA have made their youth self reliant and 80% of their economies are based upon them.
Prime Minister said that we have to trust our youth and want to give them financial independence so that they can play their positive role in economy of the country and utilize this loan amount productively.
Prime Minister said that previously the loans were given only to big people and the small loan borrowers were neglected. Each of these entities used to get billions of rupees. We have decided to award loans to small borrowers in order to give benefit to the skilled youth and lower strata of the society. This will not only benefit the small borrowers but their families and people who will get employed in these projects. Despite the financial hardships government has been able to allocate Rs. 100 billion for the scheme, PM told.
Prime Minister further said that we have ensured transparency at every level in the government and it is heartening to tell that not a single corruption case has been reported in our six month tenure. He said that in such a short tenure the positive results on economy are evident to all. He told that though the load shedding has not been completely curtailed, but still the statistics show that the load shedding is much less as compared to the situation last year. In order to completely end load shedding government has planned to build Diamer-Bhasha, Bunji and Dasu hydro power projects but these are long term projects and will bear results in 8-10 years. He said the future of this country is linked with the youth and expressed the confidence that they will not disappoint the nation.
Later, the Prime Minister interacted with the applicants and enquired from each of them about their plans after getting the loan. The applicants were enthusiastic to find Prime Minister amongst them and said that the loan scheme would help them to utilize their skills not only for the benefit of their own selves but their families and society at large too. Nawaz Sharif interacted with the applicants with light mood. He asked one of the participants to speak in Seraiki.
Nawaz also inquired age of one woman applicant. On the occasion one old man wearing traditional Punjabi (Pagri) delivered emotional speech in English and later praised the prime minister in Urdu.
Federal Minister for Information, Broadcasting and National Heritage Senator Pervaiz Rashid and other senior government officials were also present at the occasion.