Yellow Cab Scheme

Yellow Cab Scheme: Distribution of only 400 of 5,000 cabs finalised

LAHORE: The records of more than 30 % of the 20,000 chosen prospects of the Yellow-colored Cab Structure have been found to be a bogus during the process of preliminary confirmation, The Communicate Tribune has discovered.

As a outcome, the Punjab authorities has complete the distribution of only 400 taxis instead of the 5,000 victors initially planned to get a cab until mid November.

Out of these, 100 each were allocated in Lahore Multan and Dera Ghazi Khan.

Further distribution has also been stopped until experience of the other ‘lucky winners’ are confirmed.

“The Punjab authorities has not yet determined whether to take law suit against those who presented bogus records,” a mature formal of the Carry Office looking for privacy said. He said that the authorities was not sure whether to carry another sketch from among the share of those prospects who have already utilized or to request clean programs.

The unique strategy had been to produce 20,000 taxis by May 2012, but now it seems that the venture will be postponed by a season, the formal said.  In the 2011-12 funds, the authorities had assigned Rs4.5 million to release the Yellow-colored Cab Structure for jobless younger generation of the state. Out of 12,000, 8000 taxis were to be allocated among prospects that belong to Southern Punjab.

The complete cost of the structure was assessed to be Rs10.5 million, out of which 20 % had to be placed by the people as down payment. The Punjab authorities said it would pay Rs4.5 million. The Lender of Punjab would provide the other amount as a traditional bank loan, at the Karachi interbank traditional bank loan rate plus 2.5 %. The Punjab authorities will carry the interest while the individuals will pay the traditional bank loan in instalments.

The authorities assigned a allowance to every region according to its inhabitants. Lahore is to get the most significant variety of automobiles, 1,627, while Hafizabad has the least, 191 taxis. According to the requirements set by the authorities, a matriculate, between 21-35 decades, who is jobless and has a real car/Light Carry Car permit can utilize for the structure. The prospects should not have a legal background or be a mortgage defaulter.

More than 50,000 prospects utilized. Balloting was accomplished on October 10, after which 20,000 people were chosen. The Carry Office offered a 15-day training to those chosen.

Meanwhile, it was decided to examine the information (age, domiciles, generating permits, no defaulter document) from the worried specialists to make the structure simple. During confirmation of information, it was discovered 30 of fortunate individuals had provided bogus generating permits, bogus domiciles, age qualifications and many were discovered bank defaulters.