Prime Minister (PM) Imran Khan has inaugurated a Rs1400 billion worth Kamyab Pakistan Programme in order to facilitate the underprivileged sector in Pakistan, reports Radio Pakistan.

According to PM Khan, this initiative will bring improvement in the living standards of the public and his government is trying to change priorities to uplift unprivileged families.

While talking about the previous governments, he said that they had flawed policies which left behind the marginalized segments of the society and said that this project should have been launched 74 years ago.

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“We made a huge mistake 74 years ago. We believed that we would make Pakistan a welfare state after there was prosperity and wealth in the country. The thought — that there needs to be surplus first and then we (government) will invest in the poor — I believe these were fundamentally wrong decisions,” said the premier.

Referring to China’s ideology, the PM said that Beijing took measures to facilitate the low sectors of people and became a developed country within 35 years.

The programme will be rolled out in phases. During the first phase, the loans will be provided to the deserving families in Gilgit-Baltistan, Azad Jammu Kashmir (AJK), Balochistan, Khyber Pakhtunkhwa (KP) and the underprivileged areas of Punjab and Sindh.

Under this, the government will provide Rs1.4 trillion micro-loans to 3.7 million households across the country.

This scheme has five components Kamyab Kissan, Kamyab Karobar, Naya Pakistan low-cost housing, Kamyab Hunarmand and Sehatmand Pakistan.

It also includes a user-friendly portal called Kamyab Pakistan Information System (KPIS). The portal will be integrated with Ehsaas and National Database and Registration Authority (NADRA) databases for verification of beneficiaries’ eligibility.