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Punjab students to get Electric Bikes under new initiative; Check latest update here

09:04 AM | 12 Mar, 2024
Punjab students to get Electric Bikes under new initiative; Check latest update here
Source: File Photo

Punjab's newly elected Chief Minister vowed to empower youth with modern initiatives and after iPad and free bus services, CM Maryam Nawaz announced to provide e-bikes to students to help them in cutting transportation expenditure.

The country's first-ever female CM gave nod to two major transport projects in Punjab, and on her directives around 20,000 electric bikes and 657 eco-friendly buses will hit the streets.

Punjab Govt E-Bikes Scheme for Students 2024

The E-Bike Scheme will help students, working women, youth, and disabled individuals to commute on budget. The transportation initiative aims to address issues for students attending college and university.

The online application for the free Electric Bike scheme will start in coming months, with Bank of Punjab sharing support by offering a Soft Loan for students of country's most populated region.

Under the new scheme, schools and college students can get e-bikes through easy installments with a minimum interest rate. In first phase, the scheme will be implemented in major cities like Lahore, Islamabad, Multan, and Faisalabad, with plans to expand to smaller cities in Punjab.

The scheme will have separate quotas for male and female students. The process for approving student applications for the E-Bike Scheme will be carefully managed to ensure its success and efficiency.

E-Bikes Program Punjab

Interested candidates can apply by visiting and submitting their application for approval on government platform in May this year.

Punjab CM also directed the preparation of a school bus project for girl students in every tehsil of Punjab, with a directive to reduce the advance amount for students.

School bus project for girl students 

In a meeting with senior officials, CM Maryam reviewed progress on transport projects aimed at improving students convenience.

In first phase, buses will be launched in key cities like Lahore, Rawalpindi, Faisalabad, and Bahawalpur. 

In a similar development, Maryam Nawaz ordered a reduction in housing installments for low-income individuals and set a deadline for marking land for housing construction in districts. She also instructed measures to reduce the overall cost of housing.

Daily Pakistan Global Web Desk

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Currency Rates Today - Pakistani Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 14 July 2024

Pakistani currency rates against US Dollar and other currencies on July 14, 2024 (Sunday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.8 for buying and 280.75 for selling. Euro's buying rate moves up to 301.25 and selling rate is 303.15.

British Pound rate is 355.15 for buying, and 358.65 for selling. UAE Dirham AED was at 76.5 and Saudi Riyal lowered to 73.65.

Currency Rates Today

Source: Forex Association of Pakistan. (last update 08:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.8 280.75
Euro EUR 301.25  303.15
UK Pound Sterling GBP 355.15 358.65
U.A.E Dirham AED 76.5 77.25
Saudi Riyal SAR 73.65 74.37
Australian Dollar AUD 184.55 186.35
Bahrain Dinar BHD 741 749
Canadian Dollar CAD 203.75 205.75
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.33 3.43
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202 204
Swedish Korona SEK 26.5 26.8
Swiss Franc CHF 309.15 311.65
Thai Bhat THB 7.5 7.65

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