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Punjab Plans Interest-Free E-Bikes and E-Taxis in Budget 2026-27
Key takeaways
- The Punjab government has approved a proposal to include 50,000 electric bikes and 5,000 electric taxis in the upcoming provincial budget on an interest-free basis.
- The scheme is being planned mainly for students and unemployed youth, with the aim of providing affordable transport and creating new earning opportunities.
- According to media reports, the proposal has been cleared for inclusion in the next financial year’s budget.
Why this matters: an automotive development that could shape industry direction or buying decisions.
The Punjab government has approved a proposal to include 50,000 electric bikes and 5,000 electric taxis in the upcoming provincial budget on an interest-free basis.
The scheme is being planned mainly for students and unemployed youth, with the aim of providing affordable transport and creating new earning opportunities. If included in the final budget, eligible applicants will be able to get electric bikes and e-taxis through easy installment plans without markup.
According to media reports, the proposal has been cleared for inclusion in the next financial year’s budget. Under the plan:
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