Budget FY14: Laptop, ‘Qarz-e-Hasna’ schemes introduced

ISLAMABAD: The Finance Minister while presenting the budget 2013-14 in the National Assembly Wednesday said it has been decided to allocate Rs 5 billion to launch a scheme of ‘Qarz-e-Hasna’ so that young people could establish their own businesses.

The finance minister said it has also been decided to launch a new scheme to provide laptops to the students pursuing degree program from one of the HEC recognized universities or institution.

Ishaq Dar said the scheme for reimbursement of tuition fee at Masters and doctorate levels which is available for the students of Balochistan‚ FATA and Gilgit Baltistan is being expanded to Interior Sindh‚ Multan‚ Bahawalpur and D.G Khan division which are equally less developed.

He said it has been decided to allocate five billion rupees to launch a scheme of ‘Qarz-e-Hasna’ so that young people could establish their own businesses. Fifty percent of the beneficiaries of this scheme will be women. (PPI)