Asad Umer destroyed PM Youth Loan Scheme

[Jazzbot]

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A lot of valid points raised by Asad Umer regarding youth loan scheme..


@hasnain0099 @cb4 @Tameem @arushbhai @Leader @Aeronaut @Armstrong @chauvunist @pkuser2k12 @Aamna14 @Echelon @RescueRanger @Zarvan

 

[pkuser2k12]

This scheme is even based on a weak foundation even According to State bank regulation as told by Asad Umar



State bank has decided a rule that for a business to succeed it should not have for than 70% of revenue/money as loan



where as in this scheme a person will get 90% money as loan and 10% will be his cash



so if according to state bank the business can not survive if it has more than 70% of its money in the form of loan borrowed by some source in this case provided by state owned banks what is the point of this scheme other than a political gimmick

 

[Saleem]

hey somebody is trying to make buck here....why are you spoiling the fun.....

 

[xyxmt]

its political darama by PMLN, dont need a genius to destroy it (in talk shows).
We are not angels, neither are our politicians.

 

[sur]

Just recently they had started another Yellow-Cab; there were ads in news paper and announcements... what happened of that??? That just disappeared or what???


This loan scheme is another yellow-cab scheme wearing different clothes. Another laptop scheme.

We don't need Tomatos since we can use yogurt(Dahee) instead... We don't need sui-gas, we should take warm-shower less often & schedule cooking of meal in mid-night when gas pressure is good... We don't need electricity, should learn to live in dark...

BUT laptops, loan, yellow-cabs, small useless solar panels, Ohh man!, these are ultimate necessity just to stay alive. We MUST have these. Right.!!!

 

[Crypto]

Just recently they had started another Yellow-Cab; there were ads in news paper and announcements... what happened of that??? That just disappeared or what???


This loan scheme is another yellow-cab scheme wearing different clothes. Another laptop scheme.

We don't need Tomatos since we can use yogurt(Dahee) instead... We don't need sui-gas, we should take warm-shower less often & schedule cooking of meal in mid-night when gas pressure is good... We don't need electricity, should learn to live in dark...

BUT laptops, loan, yellow-cabs, small useless solar panels, Ohh man!, these are ultimate necessity just to stay alive. We MUST have these. Right.!!!

Yellow cabs were indeed loaned in Pak but are being driven in Afghanistan - true story

 

[AUz]

LOL! 90% loan for start up business?

And they think they will get the money back?

LOL! Funny and sad part is, majority of Pml(N) supporters from kami families won't even know abc of macroeconomics and won't be able to tell you BASIC concepts of inflation, real interest rate and so on..

Looting and disastrous policies at its peak.

How do idiot suppoters of pml(N) on this forum explain this ?

 

[Tameem]

Armchair Geniuses and Khalq-e-Khuda

In Sargodha

Long Queues

I Want to open Fruit Shop for 5 Lakhs

 

[Zarvan]

Armchair Geniuses and Khalq-e-Khuda

In Sargodha

Long Queues

I Want to open Fruit Shop for 5 Lakhs

Yes I know many people to who are applying but unfortunately when they learnt what things are required most are not going to apply only one condition is enough to tell how dumb this is for example if a person applies for 2 million loan he has to bring the 20 cheques of 100000 each signed by a people which have more are officers of at least 15th Grade this is not even close to possible

 

[Jazzbot]

Armchair Geniuses and Khalq-e-Khuda

In Sargodha

Long Queues

I Want to open Fruit Shop for 5 Lakhs

These people who most likely are unaware of the loan requirements are in queues for just collecting free forms.

 

[M. Sarmad]

Nawaz Sharif Massive Corruption