Friday, June 10, 2011

PML-N to relaunch Yellow Cab Scheme,interest free

The Punjab govt will be re-introducing much-criticised Yellow Cab Scheme.
The Scheme will be brought to the fore in Punjab Budget 2011-2012, being presented on Friday (today). As per sources, unemployed youth will be given the interest free 800cc cars after depositing Rs 20,000 or maximum Rs 30,000. This has been decided to help lessen unemployment in the province.
Secondly, it has also been planned that these cabs would be used to replace rickshaws. That is why, the scheme would be introduced in major cities of the province, including 5 City District Governments.