The Punjab government has finalized its plan to provide electric bikes to 10,000 students of colleges and universities across the province, reported the 24NewsHD TV channel.
According to sources, Punjab Planning and Development Department Chairman has convened a meeting in this regard to be held on Wednesday to finalize a proposal.
Later, the proposal will be sent to Punjab Chief Minister Syed Mohsin Naqvi for his final approval.
The sources said that the Bank of Punjab is collaborating with the government to introduce a financing scheme for students, enabling them to acquire electric bikes through easy installments with a minimal six percent interest rate over two years.
The goal is to offer a sustainable and eco-friendly mode of transportation while encouraging the use of electric vehicles.
Reporter: Qaisar Khokhar