In Pakistan, the start-up culture is yet to take-off. In a situation where neither the public nor the private sector can provide jobs to college-educated youth, establishing your own start-up sounds does not sound like a bad idea. However, the problem is: where does the money come from? Every start-up requires a certain amount of capital from outside investors in its initial stages. Given the difficulties in acquiring this seed money, many lose hope and try to search for a job at an established firm to secure their future.
Unfortunately, the government has not done much to motivate the fresh graduates to start their own business. The incumbent government undertook an initiative to encourage unemployed youth to start their own businesses by providing them with soft loans under the “Kamyab Jawaan Program”. Let us hope that more efforts will be made by the government and policy makers to ignite creativity and innovation among our youth.
Iqrar Hussain
Lahore
Rising inflation not only affects the purchasing power of consumers but also undermines overall economic stability. It...
The climate change situation in Pakistan is a huge problem for the entire nation. Even though it is among the...
Karachi residents living along or near University Road, are facing many difficulties due to the construction of the...
This letter refers to the news report ‘Events like Ambani's wedding should also be held in Pakistan: Sindh...
The strength of a nation is crucial for its prosperity and stability. A strong nation is not only economically stable...
The month of February saw yet another controversial general election in Pakistan. A great number of allegations of...