Government Focused on Youth in Budget 2023-24 for Entrepreneurship and Job Opportunities

Prime Minister Shehbaz Sharif highlighted the government's focus on youth in the budget 2023-24, aiming to facilitate entrepreneurship activities and create job opportunities. The premier emphasized the importance of socio-economic development and confidence revival for the country's future. Key initiatives announced in the budget include providing 100,000 laptops and small loans to youth on concessional rates, tax exemptions for businesses in the IT sector, and the Rs 2000 billion Kissan Package for agriculture development.

Key Takeaways:

• The government has allocated significant resources to support youth entrepreneurship, including provision of 100,000 laptops and small loans.
• Tax exemptions have been offered for businesses in the IT sector to encourage youth entrepreneurship.
• The Rs 2000 billion Kissan Package will expedite the country's journey of agriculture development and prosperity.
• The government aims to make the youth key stakeholders in agriculture development and ensure food security through the budget 2023-24.
• Prime Minister Shehbaz Sharif directed the upgradation of Main Line (ML-1) of Pakistan Railways on a priority basis for trade corridor facilities.
• The government is working on the revival of railways on an urgent basis.

Statistics:

• 100,000 laptops will be provided to youth on concessional rates for their start-ups.
• Small loans will be given to youth on concessional rates for their start-ups.
• The Rs 2000 billion Kissan Package will be implemented for agriculture development and prosperity.
• The government has announced tax exemptions for businesses in the IT sector.

Sources:

• "Prime Minister Shehbaz Sharif says government focused on youth in budget 2023-24." (Source: Dawn, June 14, 2023)
• "Government directs upgradation of Main Line (ML-1) of Pakistan Railways on priority basis." (Source: The Nation, June 13, 2023)