5399 applicants to get loans in first Youth loans ballot

Around 3.7 billion rupees will be dispersed to 5399 candidates in first ballot of Prime Minister Loan scheme, Radio Pakistan reported.

The loans allotted to applicants will not surpass the provincial quota of 2013-14 prescribed by the government.

The government will a lot loans to around 0.1 m applicants and has directed State Bank of Pakistan (SBP) to divert their resources to PM youth scheme.