Punjab Bike Scheme 2024
Many people were talking a lot about the cancellation of the punjab bike scheme. but the statement has been issued from the pakistan government side in which they have said that news circulating on social media is fake news. It was also said on behalf of the punjab government that the punjab government has neither cancelled the punjab bike scheme nor does it intend to cancel it. It was also said on behalf of the chairman of this scheme that the public should not believe such news and we will continue this bike scheme.
The government also said that the process of registration under the bike scheme has now been completed. The e-balloting will also be started in the coming few weeks. According to the web portal of e-bike scheme, around 72,000 students completed their registration in the month of May. Out of which 57,000 students registered for petrol bikes while 15,000 people registered for electric bikes.
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Circulating Fake News
The government of pakistan was changing the punjab bike scheme to give people environmentally friendly transportation. According to media news in the last few days, the punjab bike scheme was being ended by the government of pakistan because of theft of its batteries and low mileage.
And according to this report it was also said that the government of pakistan will now give petrol bikes to the students instead of electric bikes. Due to which the students had to face problems but now as soon as the statement has come from the punjab government that the punjab government has not decided to cancel any kind of bike scheme. All this news going on social media is fake.
E-Bikes Scheme For Students
Let me tell you that a bike scheme was started by the government of pakistan in the last few days. Through the scheme, bikes were to be distributed by the government among 20,000 students who are pursuing education in colleges and universities. This program also includes 1000 electric bikes and 19000 petrol bikes which will be distributed among the students.
To register in this program, a web portal has been created by the government of pakistan where you can go and complete your registration. The biggest advantage of this bike scheme is that you will be able to get the bike on easy installments and for this you will not have to pay any kind of interest.
Installment Plan
A contract has been signed by the government of pakistan with punjab bank for easy distribution of bikes among students. In this contract, the monthly installment plan for electric bikes has been kept at Rs 10,000 while for petrol bikes the monthly installment plan has been kept at Rs 5000.
Delivery
At present, more applications have been collected than the eligibility criteria for the bike scheme set by the government of pakistan. hence the government of pakistan will hold a lottery in the month of may. The government will distribute bikes among the lucky people through this lottery.
Quota
A quota has been kept for distributing the bikes in the best possible way. According to this quota, there will be an equal number of bikes distributed among male and female students in urban areas. While in rural areas, 70% quota has been kept for male students while 30% has been kept for women students.
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Conclusion
Today in this article, students have been given information about the latest updates coming from the bike scheme. Due to the fake news spreading on social media, students were very upset due to the cancellation of the bike scheme, but after reading the new update from the government today students will be happy. Tell us in the comment section what you think about this latest update.