Punjab CM Maryam Launches Interest-free Bikes
Punjab Chief Minister Maryam Nawaz Launches Punjab Motorcycle Scheme 2024
In a significant move to empower students, Punjab Chief Minister Maryam Nawaz has launched the distribution of motorcycles under the Punjab Motorcycle Scheme 2024.
Read More: Electric Bikes for Punjab Students: Interest-Free Installment
This initiative aims to facilitate students’ mobility and ease their transportation challenges.
Launch Ceremony and Key Announcements
At a ceremony attended by senior provincial minister Marriyam Aurangzeb and other officials, Chief Minister Maryam Nawaz handed over the keys of 16 e-bikes to eligible students.
Addressing the attendees, she highlighted that this was the first phase of the initiative, with plans to increase the number of motorcycles in subsequent phases.
The motorcycles are being provided on installments with zero percent markup, making them highly affordable for students.
Commitment to Education and Mobility
Maryam Nawaz emphasized the Punjab government’s dedication to fulfilling its promise of providing motorcycles to students within four months.
She also announced that the distribution of laptops to students would commence soon, further supporting their educational needs.
Features of the E-Bikes and Support Infrastructure
The Chief Minister stated that the e-bikes’ batteries would be insured, and charging points would be established in universities to facilitate students. This ensures that students have reliable and sustainable transportation options.
Details of the Punjab Motorcycle Scheme
Under the Chief Minister Youth Initiative, the government will provide 19,000 petrol bikes and 1,000 e-bikes through the Bank of Punjab under an interest-free installment plan.
The provincial government has allocated a subsidy of Rs 1 billion for these interest-free bikes, making this scheme accessible to a broad range of students.
Eligibility Criteria:
- Students of degree colleges and universities are eligible to apply for the interest-free motorcycles.
Initial Phase:
- In Phase 1, regular students from Faisalabad, Multan, Bahawalpur, Rawalpindi, and Lahore will receive motorcycles.
Application and Selection Process
The government received a total of 72,640 applications for the scheme. Of these, 57,366 students applied for petrol motorcycles, while 15,274 submitted applications for e-bikes. This overwhelming response highlights the students’ keen interest and need for such initiatives.
Future Plans and Commitments
Chief Minister Maryam Nawaz reiterated the government’s commitment to enhancing students’ access to education and mobility. By providing these motorcycles, the Punjab government aims to support students in their educational journey, making commuting easier and more convenient.
Conclusion
The Punjab Motorcycle Scheme 2024 is a testament to the Punjab government’s dedication to student welfare and educational support. This initiative not only addresses transportation challenges but also ensures that students have the necessary resources to succeed in their academic pursuits. For more information and updates, visit Punjab Government Official Website.
Stay tuned for more updates on this and other student-centric initiatives by the Punjab government. This scheme is set to make a significant impact on the lives of thousands of students across the province.
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