LAHORE – Punjab Chief Minister Maryam Nawaz Sharif’s electric bikes scheme has attracted huge numbers of young people, with registrations exceeding 1.3 million and more than 607,000 applications submitted.
The application process for the CM E-Bikes Scheme has been completed, and the chief minister has directed officials to finalise the remaining stages as soon as possible.
In another initiative aimed at encouraging female students, Maryam Nawaz has directed that successful female applicants be provided with free driving training.
The chief minister said the provincial government would provide the necessary resources to help young people, particularly female students, advance and pursue greater opportunities.
She also emphasised the importance of supporting young people across the province, saying every son and daughter of Punjab held special importance for her.
The scheme is intended to facilitate access to electric bikes for selected young people through an instalment-based payment arrangement, while the government covers the interest costs.
E-Bike Installment, Interest Cost Update
The monthly installment for electric bike has been fixed at Rs3,000 so the students can pay it easily.
Furthermore, the Punjab government will bear the interest costs associated with the scheme, providing financial support to beneficiaries.
Punjab CM E-Bike Scheme Balloting Update
Under the scheme, 100,000 young people will be selected through a balloting process to receive electric bikes. The government has yet to announce the balloting date, leaving students eagerly awaiting the results of the selection process.