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Tuesday, 30 September 2014

 

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Kashmiris protest outside White House as Modi begins Washington visit -
WASHINGTON, Sept 30 (APP): Hundreds of Kashmiri-Americans protested  India's blatant violation of human rights in the Indian Occupied Kashmir, holding a vociferous demonstration outside the White House when President Barack Obama hosted Indian Prime Minister Narendra Modi for a private dinner Monday evening.



Pakistan seeks improved ties with Afghanistan under new leader -
NEW YORK, Sept 30 (APP):  Pakistan hopes to work with Afghanistan's new president, Ashraf Ghani to reverse a recent deterioration in its relations with Kabul, Sartaj Aziz, the adviser to Prime Minister on national security and foreign affairs has said.


Modi to hold talks with Obama; Indian minorities to protest -
WASHINGTON, Sep 29 (APP): Prime Minister Narendra Modi is due to meet with President Barack Obama Monday evening at the White House, amidst support for his economic emphasis among Indian-Americans as well as protests from Indian minorities for his party’s extremist views and the Gujarat government’s alleged collusion in the 2002 massacre of Muslims.


UN congratulates Afghan President Ghani on inauguration -
UNITED NATIONS, Sept 29 (APP): The United Nations welcomed the inauguration of new Afghan President Ashraf Ghani and reaffirmed the Organization’s commitment to cooperate with the national unity government in the country’s progress to peace, stability and development.


US greets new Afghan President Ghani, CEO Abdullah on inauguration -
WASHINGTON, Sept 29 (APP): The United States has congratulated President Ashraf Ghani Ahmadzai and Chief Executive Officer Abdullah Abdullah on their assumption of office that came after the two political rivals agreed to share power under a new government in the wake of a long bitter political fight over election results.


Sport News
Hong Kong routs Pakistan 72-0 in Asian Games Rugby
INCHEON, South Korea, Sept 30 (APP): Hong Kong humiliated minnows Pakistan by whooping margin of 72-0 in their opening group match in XVII Asian Games Rugby here at the Namdong Asiad Rugby Field on Tuesday.
 
Pakistan went down 23-11 against India in Asian Games Kabbadi
INCHEON, South Korea, Sept. 30 (APP): Pakistan grapplers despite a narrow win in the second half, went down 23-11 against old adversary and defending champion India in their third and final league encountyer of XVII Asian Games Kabbadi at Songodo Gymnasium court on Tuesday.
 
Pakistan Volleyball team beat Turkmenistan in Asian Games
INCHEON, South Korea, Sept 28 (APP): Pakistan volleyball team ended their outing in the 17th Asian Game when they defeated Turkmenistan 3-0 in the classification match at Ansan Sangroksu Gymnasium on Sunday.
 
Magomed routs Bilal in Asian Games wrestling
INCHEON, South Korea, Sept 28 (APP): Pakistan’s Muhammad Bilal Hussain was hammered 0-10 by Magomed Mausev of Kyrgyzstan in his 97 KG freestyle opening round bout in the 17th Asian Game at Dowon Gymnasium on Sunday.
 
Aamir, Mohib suffers defeat in Asian Games boxing
From Ehsan Qureshi

INCHEON, South Korea, Sept. 28 (APP): Pakistan’s two more fist-fighters Aamir Khan and Mohibullah made their exit from XVII Asian Games Boxing Tournament  after they loseing on points against their opponents at Seonhak Gymnasium on Sunday.
 
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PM approves Youth Business Loan Scheme, 350,000 to be given loans PDF Print E-mail
ISLAMABAD, Nov 11 (APP): Prime Minister Muhammad Nawaz Sharif on Monday said the government would support talented and unemployed youth of Pakistan to make them self-reliant. Chairing a meeting to review the Prime Minister’s Youth Programme here, he approved the Prime Minister’s Youth Business Loan Scheme under which 350,000 youth would be given loans. Under this scheme, 100,000 loans will be interest-free and 250,000 will be small business loans. The Prime Minister was apprised that the net beneficiaries from the Business Youth Loan Scheme would be about 10 million people hailing from the length and breadth of the country.

He directed to ensure complete transparency and fairness in the process of loan disbursement and further said that “no political and administrative interference will be tolerated in the loan scheme.”
The Prime Minister said he would personally supervise and monitor the loan scheme so that the youth of the country gain maximum benefits from the scheme.
The meeting was also attended by Finance Minister Ishaq Dar, Minister for Information Senator Pervaiz Rashid, Secretary to Prime Minister Javed Aslam, Secretary Finance Dr Waqar Masood Khan, Governor State Bank of Pakistan Yaseen Anwar, President of First Women Bank Ms Charmaine Hidayatullah, Acting President National Bank of Pakistan Asif Hassan, CEO SMEDA Ahmad Nawaz Sukhera and senior officers of the Prime Minister Office.
The small business loans scheme will provide loans to the unemployed youth, especially educated, looking for establishing or extending business enterprises. All Pakistani young men and women aged between 21 and 45 with entrepreneurial potential will be eligible for the scheme with 50 per cent quota reserved for women.
Under the supervision of State Bank of Pakistan, initially the National Bank and First Women Bank will execute the scheme while  other banks may join in after approval of their respective business-plans.
Loans will range from Rs. 0.5 to 2.0 million with average loan size of Rs 1.25 million. The debt-equity ratio for these schemes will be 90:10 with tenure of seven years.
 

     

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