Latest Update: Launch of Financial Support Scheme for Unemployed Youth from Sindh Govt August 2024

The Government of Sindh has recently launched a new financial support scheme aimed at empowering unemployed youth across the province. Announced by Governor Kamran Tessori on August 2, 2024, this initiative, known as the “Governor Sindh Rozgar Scheme,” is designed to provide substantial financial assistance to young entrepreneurs, enabling them to start or expand their businesses. The scheme offers financial support ranging from Rs. 100,000 to Rs. 10 million, reflecting the government’s commitment to fostering entrepreneurship and reducing unemployment in the region.

The program is part of a broader strategy to address the economic challenges faced by the youth in Sindh, especially in urban centers like Karachi. The Governor has actively encouraged young people to submit their business ideas, ensuring that deserving candidates receive the necessary financial backing and support. This initiative is expected to play a crucial role in transforming the youth from job seekers to job creators, thereby contributing to regional economic development.

In addition to financial support, the scheme has received backing from various stakeholders, including NGOs, overseas Pakistanis, and local businesses. These collaborations are expected to enhance the program’s effectiveness and ensure that the financial assistance reaches those who need it most. The scheme also aligns with other government efforts, such as IT training initiatives and small business loans, to equip young people with the skills and resources they need to succeed.

Governor Tessori emphasized the importance of collective efforts in tackling unemployment and highlighted the government’s dedication to serving the people of Sindh. The launch of this scheme marks a significant step towards a more prosperous and self-sufficient youth population in the province.