- Aasiya Niaz
- 1 Hour ago
Punjab moves to roll out Rs2,000 monthly subsidy for motorcyclists
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- Web Desk
- 3 Minutes ago
LAHORE: The Punjab government is all set to roll out a major subsidy programme for motorcyclists that would provide relief on fuel costs, with a proposal to offer Rs100 per litre subsidy on petrol, officials said on Monday.
The provincial government has sought Rs24 billion from the finance department to fund the bikers’ subsidy scheme, according to official sources.
A summary seeking approval for the funds has been forwarded to Chief Minister Maryam Nawaz, and the amount will be released following her approval, sources said.
Officials estimate the programme will benefit around 12.5 million motorcyclists across the province, with a proposed monthly subsidy of Rs2,000 per user.
According to excise department sources, more than 8 million bikers have already registered for the scheme, which is expected to be rolled out after the completion of the registration process.
Punjab has seen a sharp rise in motorcycle ownership over the decades, with nearly 50 million bikes registered in the province since 1980, reflecting their widespread use as a primary mode of transport.
The initiative is aimed at easing the financial burden on daily commuters amid fluctuating fuel prices, officials said, though details on implementation and eligibility criteria have yet to be formally announced.