LAHORE: The Punjab cabinet on Thursday formally approved the Yellow Cab Scheme. Under the Scheme, 20,000 vehicles will be distributed among jobless youth. Forty per cent of these have been allocated for Southern Punjab.
Total No of vehicles: 20,000
Vehicles: 16,000 Suzuki Mehrans and 4,000 Suzuki Bolans (yellow an d Black color)
Quota: 60% upper Punjab and 40% Southern Punjab
Distribution Date: after Eid from Multan, Dera Ghazi Khan and Rawalpind
eligibility: Both male and female
Applicant qualification: FA ( Jobless)
Driving Licence: yes
Forms: Forms available on 17th July ,2011
Form Verification: Revenue staff like patwaris and tehsildars will have no role in the verification process
Successful Applicant: 20 per cent down payment (low-markup loan facility provided)
1:Sharif said that under the scheme, 2,500 vehicles will be distributed among the winners of the draw every month for eight months. He said that people having intermediate or equivalent academic qualification will be eligible to apply for the scheme.
2:Application forms will be available from all branches of the Bank of Punjab as well as the website of the Transport Department and the Bank of Punjab.
3:Successful applicants will have to make a 20 per cent down payment at the time of delivery. The remaining amount is to be paid in monthly installments.
4: A low-markup loan facility at will be offered by the Bank of Punjab.
5: He said the Akhuwat Foundation representatives will be included in committees formed for the scrutiny of the particulars of successful applicants. Revenue staff like patwaris and tehsildars will have no role in the verification process.
6: Finance Secretary Tariq Bajwa said that 16,000 Suzuki Mehrans and 4,000 Suzuki Bolans will be distributed under the Yellow Cab Scheme. An advertisement will be published in newspapers on July 15 regarding details of the Scheme after which applications will be received.
6: The distribution of vehicles will start from the day after Eid from Multan, Dera Ghazi Khan and Rawalpindi. He said that special number plates will be issued for Yellow Cabs.
7: These will carry the name of the district. Both men and women will be eligible under the scheme.