Punjab Chief Minister Maryam Nawaz has decided to introduce E-bikes for students on the easiest installments.
According to the details, an important meeting of the Transport and Mass Transit Department was held under the chairmanship of Punjab Chief Minister Maryam Nawaz Sharif, in which a detailed briefing was given on the promotion of eco-friendly transport in Punjab, electric buses, e-taxis, e-bikes, e-three-wheelers, mass transit projects and manufacturing industry.
According to the details government has again decided to introduce e-bikes for young students on the easiest installments. Students will be given one lakh e-bikes in a year.
The Punjab government will provide a subsidy of Rs 70,000 on each e-bike. Young students will have to make a down payment of Rs 14,000 to acquire an e-bike. Young students will have to pay only Rs 2,100 in monthly interest-free installments.
Female students will have to pay only Rs 2,100 in interest-free easy installments to acquire e-bikes. Punjab government employees will also be able to get e-bikes on easy installments.
