PM launches Kamyab Pakistan programme, Rs 1,400 billion poverty alleviation initiative

The government is trying its best to reduce the burden of inflation on people: PM


ISLAMABAD: Prime Minister Imran Khan on Monday announced a 40 percent targeted subsidy for the poor on purchase of essential food items, saying the special step would provide relief to the low-income groups against inflation.

Addressing at the launch of Kamyab Pakistan programme – a Rs 1,400 billion poverty alleviation initiative, the prime minister said the underprivileged segment would get targeted subsidies on wheat, flour, sugar and ghee (cooking oil).

The prime minister said 75 percent of palm oil in the country was being imported and thus the common man was facing the impact of “imported inflation”.

At present, he said, the government was trying its best to reduce the burden of inflation on people.

He said compared with the global inflation of 100 percent, the prices in Pakistan witnessed a 22 percent upsurge only.

He said the global prices of wheat and sugar grew 37 and 40 percent compared with 12 and 21 percent in Pakistan, respectively.

Imran Khan said the price of petrol in Pakistan was at its lowest among all countries, except the oil-producing states and the neighbouring India was selling the petrol at the comparative double rates.

He said the government cut the levy and sales tax on petrol and as a result, bore the loss of Rs 400 billion in order to provide relief to consumers. The Prime Minister said the Kamyab Pakistan programme was aimed at bringing improvement to the lives of common man.

He lauded Finance Minister Shaukat Tarin for ensuring micro-finance facility for low-income groups, saying that it reflected the government’s firm intention to uplift the underprivileged.

Imran Khan regretted that the country’s system for the past 72 years catered to only a handful of the elite and pointed out that ‘an island of rich’ was benefiting from the financial, education and justice systems.

He said the government was committed to follow the principles of the history’s first Islamic State of Madinah, which ensured welfare and justice for its citizens.

Finance Minister Shaukat Tarin said the government was intending to put in place an inclusive sustainable growth set up to benefit all segments.

He said the unique formula of loan disbursement among 3.7 million households through microfinance banks and non-governmental organizations would facilitate the people in their small businesses.

The Kamyab Pakistan programme, he said, would be transitioned to expand while simultaneously reducing the Ehsaas project, with an objective to make them self-sufficient.

Tarin said, the ‘bottom-up approach’ would benefit the low-income groups in particular.

PM’s Special Assistant Usman Dar and Chairman Naya Pakistan Housing Authority Lt Gen (retd) Anwar Haider Ali spoke about the salient features about the programmes with respect to their domains.

The finance minister stated that the Government is firmly committed not to provide fish to the poor people but teach them how to catch one for sustainable living arrangement under the umbrella of KPP. The whole paradigm of KPP will change the lives of the under-privileged people in Pakistan over the years. The program is based on most innovative financing structure in recent times. KPP has five components namely (i) Kamyab Kissan (ii) Kamyab Karobar (iii) Naya Pakistan low-cost housing (iv) Kamyab Hunarmand and (v) Sehatmand Pakistan. Under the first 03 components, micro-loans shall be disbursed amongst eligible persons registered with Ehsaas Data, scientifically collected through National Soci-economic Registry (NSER). The last two components of KPP will be integrated with the Government’s existing initiatives. Kamyab Hunarmand is designed to integrate with Government’s ongoing skill development program for imparting educational and vocational training to our talented youth. The KPP also includes a user-friendly portal called Kamyab Pakistan Information System (KPIS). The portal will be integrated with Ehsaas and NADRA data bases for verification of beneficiaries’ eligibility to facilitate the executing agencies (i.e., MfP’s) for finalizing the financing modalities in a most efficient and seamless manner. KPP will complement efforts of the Government to counter inflation by enabling masses to improve their livelihood. The KPP shall be rolled out gradually. During the first phase, Gilgit-Baltistan, AJK, Balochistan, Khyber Pakhtunkhwa and poorest of the poor districts of Punjab and Sindh are included. KPP is a true dispensation of a responsible state to uplift its poor and vulnerable segments with key focus on “bottom-up approach” for achieving all-inclusive and sustainable economic growth as envisaged by the Prime Minister. Adding to this, Prime Minister Imran Khan on Monday said that the government was taking measures to fully establish the supremacy of law and justice in the country.

“Our model of governance is Riasat-e-Madina, the golden principles of which were a welfare state and the rule of law,” he maintained.

The Prime Minister was talking to a delegation of British Members of Parliament (MPs) that included Lord Wajid Khan, Naz Shah and Muhammad Yasin.

He said that focusing on the progress of every segment of the society was a must for the development of whole society.

During the meeting, various measures of the present government, its people-friendly policies as well as the steps taken to highlight the issue of Kashmir were discussed.

The delegation appreciated the Prime Minister for raising his voice on Islamophobia and taking measures for social protection and poverty alleviation of the economically backward segments for the first time on the pattern of Riasat-e-Madina.

Besides, they were also appreciative of the steps taken for the welfare of masses in Azad Kashmir by the newly elected government.

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