RAWALPINDI: Member National Assembly (MNA) Malik Shakil Awan on Sunday said that Bank of Punjab has started issuing forms for yellow cab scheme launched for youth.
Talking to APP, Shakil said the government of Punjab will distribute 20,000 yellow cabs to the unemployed youth so that they could earn their livelihood respectfully.
Under the scheme, he said billion of rupees have been allocated in the budget for the scheme which will help provide the unemployed youth of the province, an oppotunity to establish their own business with a limited amount.
He said the vehicles - Suzuki Mehran and Bolan in yellow and black colours - will be given to the applicants on easy installments who will fulfill the criteria.
He said the applicants will have to pay downpayment amounting to Rs100,000 while the remaining amount will be paid in installments without any interest.
As in the past, yellow cab scheme was launched and thousands of unemployed youth availed the facility, he said and added Pakistan Muslim League (N) is working for the welfare of the comman man and efforts are being made to provide maximum relief to inflation-hit people.
Meanwhile, people form different walks of life have appreciated the efforts of Punjab government and thanked Chief Minister Punjab who is taking keen interest for the provision of employment opportunities to the youth.
Copyright APP (Associated Press of Pakistan), 2011