In an attempt to flatter the disgruntled youth, Prime Minister Nawaz Sharif announced the Youth business loan scheme. This scheme will provide loans ranging from 0.1 million to 2 million to Pakistani citizens within age bracket of 21 to 45 years. The total funds reserved for this scheme are 100 billion for one year. This is a large scale program and huge amount of taxpayers’ money is at stake. This has generated a wave of happiness and debate for certain reasons and millions of eligible persons are applying for this scheme. In my humble opinion this scheme is nothing more than a poorly conceived political stent in the guise of a development plan to win the youth of Pakistan who has been badly disappointed by current government so far.
