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February 10, 2020

Asset Transfer Scheme to benefit 1.45m people

Islamabad

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APP
February 10, 2020

Islamabad : The Asset Transfer scheme of Ehsaas National Poverty Graduation Initiative has set target to benefit a total of 1.45 million people through providing 225,000 assets to the poorest of the poor.

According to an official source, the average cost of the assets to be given as grant is Rs50,000 which can include sewing machines, livestock and agricultural equipment to help them start their small business.

The recipients of asset transfer will be determined by using the poverty score card and would be given guidance and training to run their business.

National Poverty Graduation Initiatives (NPGI) is a key intervention under Ehsaas strategy aiming to graduate the poorest households out of poverty and set them on a course of economic and social prosperity, the source said.