PM vows to weed out culture of nepotism

HYDERABAD: Prime Minister Nawaz Sharif has expressed the resolve of the government to weed out culture of nepotism for good and introduce merit-based system in the country.

Speaking at a function held here in connection with Prime Minister's Youth Business Loans Friday, the Prime Minister deplored that disadvantaged segments of the society have remained ignored ever since independence and said it is duty of the government to give everyone his right.

He said decisions should be made on merit and without consideration of caste‚ creed‚ parochialism or faith.

Nawaz lauded people of Sindh for receiving migrants at the time of independence with open arms. He said all parts of the country demonstrated spirit of sacrifice but this was of unique nature in Sindh.

He said Youth Business Loans are being given applicants purely on merit and even the Prime Minister has no discretion in the grant of loans.

The prime minister further said banks too have no discretion and they will have to pen down reasons while accepting or rejecting applications for loans.

He said positive results of Business Loans will start coming out after one year. He said economic activities generated through these loans will help increase GDP growth and exports of the country.

The Prime Minister expressed the hope that the youth will come up to his expectations and the expectations of the nation. He also hoped that the youth will work hard in the businesses and return the loans in a good manner.