RECORDER REPORT

LAHORE: Chairman TEVTA Irfan Qaiser Sheikh has said that in order to achieve its target of 100 percent employment for its graduates TEVTA has provided interest free loans to its 21,000 pass outs.

He was addressing a meeting here on Wednesday at TEVTA Secretariat. He said that the initiative was taken almost three years ago.

These loans were provided to graduates of all 54 programs which are being provided by TEVTA across the Punjab; he said adding that at these courses quality is the basic criteria of TEVTA which is being maintained.

Chairman further said that in order to maintain quality standards TEVTA has also hired services of international master trainers who ensures these standards.

He said that there is a dire need of such type of programs which provides interest free loans to the youth for setting their own business. He said that program is transparent and 99.9 percent students returned back their loans.

He also said that up till now loan of Rs1 billion had been disbursed among 21,000 students. He said that they are planning to provide loan to 50 thousand students per year so that these students will be able to meet their own expenses as well as they can bear their family expenses. He said TEVTA is also focusing on providing loans to the youth of Southern Punjab on priority basis.