Monthly Stipend to Unemployed Youth

INTRODUCTION

“Monthly Stipend for Educated Unemployed Youth” scheme was launched 2013-14 to provide a monthly stipend of Rs. 2000/- per month for a period of one year (Rs. 24000 lump sum) to educated unemployed Master/Equivalent/Alamiya degree holders from public sector universities or registered deni madaris located in Khyber Pakhtunkhwa.

Focal Persons from universities and Wafaqs were nominated for the scheme to collect data from the students. The scheme was advertised in two (2) phases.

  1. Phase I:  For candidates securing their degrees during period from 1st July, 2013 to 30th April, 2014 (completed)
  2. Phase II: For candidates securing their degrees from 1st May, 2014 to 30th June, 2014 and leftover students from the 1st phase.

ELIGIBILITY CRITERIA

The stipend was given to 1st division masters/equivalent/ alamiya degree holder from any public sector institution/registered deeni madrassa of Khyber Pakhtunkhwa having Khyber Pakhtunkhwa /FATA domicile and  secured his/her degree in the period from July 1, 2013 to June 30, 2014.

An amount of Rs 2000/- per month (24000 lump sum) was provided to unemployed fresh masters/equivalent/alamiya degree holders.

CURRENT STATUS

Phase I (Closed)

  • 3550 candidates have been awarded stipend.

Phase II (Closed)

List of 1522 eligible students have been forwarded to Bank of Khyber for disbursement of the stipend. List of Approximate 54 candidates will be forwarded to Bank after approval of the Complaint Redressal Committee.