Gilgit-Baltistan (GB), a rugged mountainous area
with less employment opportunities for its youth and very distant from large
cities where all the private sector organizations have its corporate offices,
the youth of GB is suffering badly, and the province will soon face the issue
of youth bulge – a high number of unemployed people. This not only will be a
burden on the society, but it will also stress the limited fiscal resources,
the province has. On the other hand, Pakistan is the fastest growing country in
the world in freelance working and its youth have earner over $500 million US
dollars in 2020.
To this backdrop, Karakoram International
University, Gilgit under its vision for “meaningful contribution to sustainable
development, promoting knowledge economies and pluralistic societies in the
mountainous regions of Pakistan and geographically similar landscape elsewhere”
is aiming to train 3000 youth (40% female and 60% male) on freelancing skills
over the next three years. The project is aimed to economically empower youth
to work online and earn their bread and butter from the Gig economy. This will
also ease the pressure on the government for creating more jobs in the public
sector.
The project will span over three years where KIU
will train 1000 youth each year from all 10 districts of GB. A total number of
300 youth from each district will be trained under this program. We project 80%
success of this program and expect that after the successful completion of the
training, each individual will be able to earn on average PKR 30,000/- per
month. This is a very conservative estimate as compared to the country’s
average of PKR 52,000/- per month. Based on our projections, we are hopeful
that upon 80% success, the youth of GB will be able to generate a revenue of
PKR 864.000,000/- per year. The proposed budget for the project is PKR 15000
per person which makes a total of PKR 45,000,000/- for three years i.e. PKR 15,000,000/-
per year.
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