Automotive News

The Government’s Cheap E-Bike Program: Everything You Need To Know

The Government’s Cheap E-Bike Program: Everything You Need To Know

January 9, 2023 / By Zunair Tahir / Automotive News


In an effort to save energy and cut carbon emissions, the federal government has developed a plan to produce 100,000 e-bikes in the next 18 months.

The Economic Coordination Committee (ECC) is now assessing the program before it is implemented because the plan has not yet been put into action.

The Ministry of Industries and Manufacturing (MoIP) would guarantee the production of at least 100,000 e-bikes in the first 18 months, according to the papers made available to allaboutcars.

To promote the purchase of e-bikes, which are often more expensive than cycles fueled by gasoline, it has proposed Rs. 17.5 billion in subsidies.

According to the initiative, the buyer would pay Rs. 10,000 and the government would contribute Rs. 90,000 toward a down payment for an e-bike with an estimated cost of Rs. 170,000, making a total first payment of Rs. 100,000.

For a commercial loan of Rs. 70,000, the bank will charge an interest rate of Kibor+2 or 19%, or around Rs. 13,300.

The consumer will pay Rs. 4,310 each month under the proposed programme, which is made up of Rs. 2,917 in principal, Rs. 1,109 in interest, and Rs. 284 or 2% in insurance, for a 24-month payment plan offered by the government.

The ministry expects to produce and sell 15,000 e-bikes in the current fiscal year 2022–2023, 60,000 and 100,000 e-bikes in the next budget years 2023–2024, and 100,000 e-bikes in the following fiscal year 2024–2025, for a total of 175,000 e-bikes produced in three years.

The following people can use the e-bike program:

  • students whose parents are employed.
  • 20% quota for female employees and students.
  • (1% quota) Transgender people.
  • workers in the government.
  • salaried or self-employed persons in the private sector who have NTNs and bank accounts.
  • pensions from the government and armed forces.
  • Imam-e-Masjid, Hafiz-e-Quran, and Muazzins who possess the necessary qualifications from a facility approved by the Ministry of Religious Affairs and recognized by the Pakistani government.

The government and customers both contribute Rs. 100,000 to the subsidized leasing scheme, while banks lend Rs. 70,000 with a 50% credit guarantee from the government. The government would probably introduce this scheme in Islamabad, Peshawar, Quetta, Lahore, and Karachi, according to a media source.


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Celebrity News

The Sindh High Court Orders The FIA & PTA To Remove Any Offensive Content Made Regarding Star Kubra Khan

The Sindh High Court Orders The FIA & PTA To Remove Any Offensive Content Made Regarding Star Kubra Khan

January 9, 2023 / By Zunair Tahir / Celebrity News


She complained about “defamatory, harmful” claims made about her and three other actresses in a case she filed against YouTuber Adil Farooq Raja.

On Thursday, the Sindh High Court ordered the Federal Investigation Agency and Pakistan Telecommunication Authority to stop spreading false information online against actor Rabia Iqbal, aka Kubra Khan.

The temporary ruling followed a plea Khan filed in response to “derogatory, defamatory, malicious, inflammatory, hazardous and sensationalizing charges” made on social media networks by YouTuber Adil Farooq Raja against her and three other actresses.

Following a preliminary hearing of the case, a two-judge panel made up of Justice Salahuddin Panhwar and Justice Zulfiqar Ahmed Khan sent notices to the director general of the FIA, the chairman of the PTA, and others for January 9.

The bench postponed the hearing and instructed the authorities to submit their separate remarks by the following date.

Khan stated in her court filing, which she also posted online, that a YouTuber who identified himself as a rights activist and former army commander had fabricated claims and denigrated the four actors.

The bench further instructed the authorities to submit their pertinent views by the next date and adjourn She said that by claiming that the actors were “employed by intelligence services and the establishment to entice politicians into compromising positions at their safe homes,” the individual was insulting the actresses’ modesty and dignity.

According to the petitioner’s attorney, Raja addressed the situation in a subsequent video and withdrew his earlier statement. Nevertheless, the counsel said, “during the process it irreversibly damaged the reputation of the actresses including the petitioner and on account of the information published in the social media sites and cyber space.” the hearing was turned.

He begged the court to order the PTA and FIA to take swift action against the offenders in accordance with the law and spirit of the Pakistan Electronic Crimes Act, 2016, which was passed in 2016. Additionally, the court was requested to instruct the authorities to launch an investigation.

The petition was started in response to Raja’s December 31 release of a video in which he made numerous broad accusations against the previous high brass of the army. Raja, who himself as a geopolitical analyst and rights activist on Twitter, is the author of the petition. One claim was that four “elite models and actresses” would socialize with politicians and former authorities. Other than saying it was provided to him by “sources,” he was unable to provide any evidence to support his assertions.

Raja asserted on Twitter that he hadn’t slandered Khan, citing his “condemnation” of the irrational conjecture that followed the release of his video as proof. He claimed that by specifically mentioning him in her post, she was defaming him.

When other famous people stood up for Khan and denounced the character assassination of one of their own, the situation became more tense.


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