Sun. May 19th, 2024
Good News: Punjab Bikes Scheme Has Not Been Cancelled

Punjab Bikes Scheme 2024

Finally, the response of the Punjab government regarding the cancellation of the Punjab Bikes Scheme has come out. The Punjab government says that the news circulating on various social media platforms is baseless. There is absolutely no truth in them because there was no intention of the Punjab government to cancel the bike scheme. In this regard, the officials of this scheme said that these news stories are completely baseless, and the government is very much involved in the scheme.

Speaking in this regard More, he said that the registration process has been completed and the e-balloting process will also start within the next week. According to the portal established for the registration of electric bike scheme, about 72,000 students have completed their registration as of May 1. In which about 57 thousand students have submitted their applications for petrol bikes and 15000 students for electric bikes.

Also Read: Punjab Govt Announced 15000 E-Bike Scheme For Teachers

False Reports

Let us tell you that in the previous reports, it was mentioned that a significant change has been made in the project of the Punjab Bikes Scheme, which promotes environment-friendly transportation by the Punjab government. In the media reports that came out initially, it was claimed that the Punjab government has decided to cancel this scheme due to battery theft and the low mileage of electric bikes. It was also claimed in the reports that the Punjab government will now distribute petrol bikes among the students instead of electric bikes.

Because of this, there was initially a wave of anger among the students. But now the government has denied this news and said that no such decision has been taken by the Punjab government. Such news circulating on social media platforms is completely baseless.

Punjab Bikes Scheme Has Not Been Cancelled

E-Bike Scheme for Students

If I tell you a little about the background of this scheme, then you should know that a scheme for students was launched by the Punjab government last month. Under this scheme, it was promised to provide 20,000 motorcycles to students at colleges and universities. In which 19,000 petrol bikes and 1000 electric bikes were included. And in this regard, a special portal was established by the Punjab government, on which the student registration process was completed. The special feature of this bike scheme was that the students could get the bikes in easy installments. And for this, the students did not need to pay any kind of interest.

Also Read: Check Your Status In Punjab Bike Scheme By Sitting Home

Installment Plan

To facilitate the distribution of motorcycles to students, the Punjab government has collaborated with the Bank of Punjab (BOP). The monthly installment for electric bikes is Rs 10,000, while for petrol bikes it is Rs 5,000.

Delivery

Transparency is key, so the government has decided to hold a lottery in May to ensure fairness in the distribution process.

Quota

Quotas are set to ensure equal opportunities. In urban areas, bikes will be shared equally between men and women. However, in rural areas, there is a slight difference with the quota allocated to 70% male students and 30% female students.

Final Words

In this article, the students have been informed about the latest updates about the Punjab Bike Scheme. After hearing the news of the cancellation of the electric bike scheme, there was a lot of grief and anger among the students. I hope that after knowing the updates brought forward, a wave of happiness will once again spread among the students. Let us know what you think about this latest update in the comments section.

By 8171Update

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