Students' registration for bike scheme begins

Monthly instalment for female applicants set at Rs7,325


Our Correspondent April 13, 2024

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LAHORE:

Chief Minister Maryam Nawaz Sharif has launched the registration process for the provision of 20,000 motorbikes to university students across Punjab on interest-free monthly instalments.

In the first phase, 19,000 petrol and 1,000 e-bikes will be provided through the scheme. The Punjab government will pay Rs1 billion in markup subsidy besides Rs20,000 per bike downpayment on behalf of the students. The markup on instalments will be borne by the Punjab government.

Male students receiving the motorbikes will have to pay Rs11,676 per month and female students Rs7,325.

In the first phase, e-bikes will be given in Faisalabad, Multan, Bahawalpur, Rawalpindi and Lahore, whereas petrol bikes will be given in each district in the proportion to the population.

The last date for the submission of applications is April 29. The students can apply online. An eligible applicant must be a student of a government or private sector university or graduate college. He or she must be 18 years or above of age and have a driving licence.

Meanwhile, thousands of prisoners across Punjab were allowed to meet their families on Eid on the instructions of the chief minister.

Chief Minister Maryam Nawaz spent most of the Eid day with homeless, special children, women and the elderly at the Chaman, Aafiyyat and Darul Falah welfare centres.

She issued directives on the occasion to send the elderly women for Hajj on government expenses.

Published in The Express Tribune, April 13th, 2024.

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