Punjab Yellow Cab Scheme Forms October 2014 Criteria

Punjab Yellow Cab Scheme date October 2014 Details , www.mehnat.pk
Back in 2011, twenty thousand yellow cabs were distributed among the youth of Punjab on easy installments. This time, the number of cabs have been increased by 250% to 50,000 which will be offered to the young and educated people from October 2014. Forms and other details will be available soon.[Mehnat.pk]
 
The scheme has been launched to provide a decent livelihood to the educated unemployed youth. 20,000 cabs (60% Mehran & 40 % Bolan) will be delivered to applicants meeting the eligibility criteria approved by the provincial cabinet. The quota for each tehsil will be on the basis of population. There is a 40% excess quota for the Southern Punjab.
Eligibility
  • Domicile
  • Matric
  • Valid driving license
  • 21 to 35 years of age
  • Unemployed
  • Assets below Rs. 2 million
  • Not defaulter of bank, No criminal record
  • 15 days driver’s training
The scheme is gender neutral – open for women. The price will remain constant throughout the scheme, (Rs. 427,000 for Mehran and Rs. 529,000 for Bolan)
  • Discount of Rs.48,000/- per cab
  • Installment Rs. 8000 per month
Cabs are being leased through BOP. Applicants are selected through computerized balloting
The verification of credentials is carried out by the District Verification Committee (DVC) headed by the DCO. There is a Grievance Redressal Committees at the divisional level.
Driving  training is provided  by NLC, Motor way Police, Daewoo, Punjab Police; 19000 applicants have been trained so far
So far 13800 cabs have been distributed and the 20,000 target will be achieved by Jul15, 2012. The total financial outlay is Rs.10.5 billion.