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BISP, Uber ink MoU for provision of 100 vehicles, rickshaws for Bisp beneficiaries

07:20 PM | 30 Mar, 2018
BISP, Uber ink MoU for provision of 100 vehicles, rickshaws for Bisp beneficiaries
ISLAMABAD - Benazir Income Support Programme (BISP) has signed an understanding with Uber Pakistan for the creation of a large-scale economic opportunity program for BISP beneficiaries.

The MoU was signed on Friday at BISP HQs in the presence of Chairperson BISP MNA Marvi Memon, Minister for State for Communications M. Junaid Anwar Chaudhary, and Minister of State for Industries and Production Sardar Arshad Khan Leghri.

The understanding focuses on the creation of economic opportunities for women beneficiaries by providing them electronic/hybrid vehicles and CNG rickshaws by Uber Pakistan. This partnership will help women entrepreneurs acquire requisite skills for driving and complete associated licensing requirements for rickshaws and other modes of transport, as well as other training that enhance candidates’ digital literacy, operational excellence, entrepreneurship skills, communication and customer care abilities.

Chairperson BISP MNA Marvi Memon said that it is an important initiative as BISP has credible data of most vulnerable women in the society who could be provided respectable earning opportunities through this.

Under this partnership, a pilot project will be conducted to test run the potential of Uber for benefit of BISP beneficiaries. The vehicles will be supplied without any down payment and it will include an interest-free loan with target installment of Rs. 8000 monthly for five years repayment for BISP Beneficiaries. Similarly, for rickshaws, an interest-free loan with target installment of Rs5000-8000 monthly, for five years repayment for BISP Beneficiaries.

Secretary BISP Omar Hamid Khan stated that he was particularly excited about this MOU as this will take forward BISP beneficiaries in terms of technology as well as women empowerment.

Speaking on the occasion, General Manager of UBER in Pakistan, Safee Shah said: “Uber is working closely with the BISP to develop a framework for on-demand transportation technology aggregator services that will drive economic opportunities for women in Pakistan.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Currency Rates in Pakistan Today - Pakistani rupee to US Dollar, Euro, Pound, Dirham, and Riyal - 19 April 2024

Pakistani currency saw minor adjustment against global currencies on April 19, 2024. US dollar was being quoted at 277.4 for buying and 280.4 for selling.

Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.

UAE Dirham AED was at 75.2 and Saudi Riyal's new rates was at 73.30.

Today’s currency exchange rates in Pakistan - 19 April 2024

Currency Symbol Buying Selling
US Dollar ‎USD 277.4 280.4
Euro EUR 293 296
UK Pound Sterling GBP 342.25 345.65
U.A.E Dirham AED 75.2 75.9
Saudi Riyal SAR 73.3 74.05
Australian Dollar AUD 181 182.8
Bahrain Dinar BHD 740.09 748.09
Canadian Dollar CAD 201 203
China Yuan CNY 38.44 38.84
Danish Krone DKK 39.69 40.09
Hong Kong Dollar HKD 35.53 35.88
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 902.64 911.64
Malaysian Ringgit MYR 58.08 58.68
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.31 25.61
Omani Riyal OMR 722.87 730.87
Qatari Riyal ‎QAR 76.45 77.15
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.31 25.61
Swiss Franc CHF 305.08 307.58
Thai Bhat THB 7.56 7.71

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