InShort
- The down payment will be Rs. 25000 & monthly installment will be less than Rs. 5,000 .
- Reserved 50% quota in urban areas & 30% Quota in rural areaa for female students.
- Hybrid diesel bus services will also be started .
LAHORE: Punjab Chief Minister Maryam Nawaz along with PML-N Quaid Nawaz Sharif chaired a meeting in which it was decided to provide 20000 e-bikes to the students on easy installments besides starting hybrid bus services in major cities of the province.
The Punjab chief minister approved the project in this regard during her third cabinet meeting.
“E-bikes are essential to reduce pollution, but currently they are not suitable because of battery theft and low mileage,” she said.
She said the government has decided to provide petrol bikes too along with electric bikes on easy installments.
“To reduce the burden on students, the down payment will be reduced to Rs25,000 and the monthly installment will also be less than Rs5,000,” said Maryam adding that the distribution of bikes would be start from May 2024.
She also announced to introduce a separate scheme to give bikes to high achievers.
The decision regarding provision of bikes to students on easy installments was made on request of former prime minister Nawaz Sharif, which he made earlier in a meeting of the Punjab government asking to increase the number.
“Monthly instalment of bikes for students should be kept minimum, as it is a responsibility of the government to share the financial burden of students,” the Pakistan Muslim League-Nawaz supremo said on Monday.
The meeting was apprised about the provincial government’s plan of providing electric bikes given to students on monthly instalments without any interest.
Monthly instalment of petrol bike would be less than Rs5,000 per month and instalment of e-bike would be less than Rs10,000 per month, the forum was told.
While 50.50 percent quota will be reserved for male and per mile students, while in villages, 70 percent quota will be reserved for male students and 30 percent quota will be for female students.
On this occasion, the CM ordered that schedule for receiving applications for bikes should be announced before Eid.
The decision regarding provision of bikes to students on easy installments was made on request of former prime minister Nawaz Sharif, which he made earlier in a meeting of the Punjab government asking to increase the number.
Meanwhile, hybrid diesel bus services will be started across Punjab including 300 buses for Lahore, 78 for Rawalpindi, 100 for Multan, and 110 in Faisalabad while 42 buses will be purchase for Bahawalpur.
Senior Provincial Minister Marriyum Aurangzeb, Information Minister Uzma Bukhari, Transport Minister Bilal Akbar, MPA Sania Ashiq, Chief Secretary, Chairman P&D, Secretaries Transport, Finance and Higher Education Departments, Chairman PITB, Bank of Punjab president and others attended the meeting.