The Benazir Income Support Program (BISP) of the Pakistan government and USAID-Punjab Youth Workforce Development Project (PYWD) have signed an agreement for skill training of Pakistani youth and their placement in the market , providing them with wide range of economic opportunities.
The agreement was signed in Islamabad for the three-year project which aims aims to train and provide employment opportunities for youth in Multan, Lodhran, Muzaffargarh and Bahawalpur districts in South Punjab.
Working with other U.S. agencies and international donors, USAID has focussed its program over the last year on five areas essential to Pakistan’s stability and long-term development, including energy, economic growth, stabilization, education and health.
BISP is a social safety net program of the Pakistan government which not just strives to tackle poverty through multi-pronged strategy, but is also working to educate people to help them get out of poverty through the cooperation of other government and non-government organizations.
Under the project, the two sides will work jointly work and collaborate to achieve the Federal Government’s goal of taking the households out of poverty by linking them to the complementary initiatives that promote economic self-sufficiency. BISP will facilitate the PYWD Project to identify, screen and select marginalized youth from BISP database of the beneficiary families as per BISP data Sharing Protocol in Multan, Lodhran, Muzaffargarh and Bahawalpur districts.
PYWD aims to target a total of 10,000 (young women at least 35%; young men 65 %) having priority to beneficiaries of the BISP and invest an estimated 400 million in their skill training and job placements. It will also help them start their businesses by providing them tool kits and micro-finance support.
The Project would ensure 10,000 skilled workforce developed and placed on jobs with at least 35% women. Under Self-Employment Entrepreneurship Support, 3,500 beneficiaries, preferably women, would be provided with tool-kits and 1,000 with micro-finance.
Under Job Placement through Apprenticeship Program, 3,000 beneficiaries would be placed with industry, 1,500 with informal sector and 1,000 with career counselling services.