E-Bike Scheme: CM rejects proposals for down payment, charges other than monthly instalments from students
LAHORE: More than 125,000 e-bikes will be provided to talented male and female students under the “CM Maryam Nawaz E-Bike Scheme.” The Punjab government will also bear the interest and insurance costs on the e-bikes. A special meeting chaired by Punjab Chief Minister Maryam Nawaz Sharif reviewed the E-Bike Scheme. The Chief Minister rejected proposals seeking a down payment from students as well…
LAHORE witnessed a special meeting chaired by Chief Minister Maryam Nawaz Sharif, as she announced the "CM Maryam Nawaz E-Bike Scheme" for talented male and female students. The Punjab government will cover the interest and insurance costs associated with the e-bikes. Rejecting proposals for a down payment or additional charges, the Chief Minister proposed a monthly instalment of approximately Rs3,000 for students.
In-principle approval was also given for the scheme to eventually include government employees, departments, and public delivery riders. The e-bike portal is set to open this week, with arrangements to provide e-bikes to eligible students within six weeks. Helmets, safety rods, and lithium iron phosphate (LFP) batteries will be provided free of cost. Aspiring students will receive free two-day training in e-bike driving.
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