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CM Punjab New Yellow Cab Scheme 2014-2015

Chief Minister Punjab Mian Muhammad Shahbaz Shareef declared the Yellow Cab Scheme for 2014-2015.

CM Punjab Yellow Cab Scheme 2014-15 Form, Schedule

Near about 50,000 taxi will be delivered to the unemployed students of Punjab province. Registration process for yellow cab scheme 2014 will be started as soon as possible and the proclamation will also be made via newspapers or electronic media to aware all of the willing candidates.

CM Punjab New Yellow Cab Scheme 2014-2015

Eligibility detail For Yellow Cab Scheme 2014:

  • Domicile 
  • Matric 
  • Valid driving license
  • 21 to 35 years of age
  • Unemployed 
  • Assets below Rs. 2 million
  • Not defaulter of bank, No criminal record
  • 15 days driver’s training
The scheme is gender neutral – open for women. The price will remain constant throughout the scheme, (Rs. 427,000 for Mehran and Rs. 529,000 for Bolan)
  • Discount of Rs.48,000/- per cab
  • Installment Rs. 8000 per month
Cabs are being leased through BOP. Applicants are selected through computerized balloting
The verification of credentials is carried out by the District Verification Committee (DVC) headed by the DCO. There is a Grievance Redressal Committees at the divisional level.
Driving  training is provided  by NLC, Motor way Police, Daewoo, Punjab Police; 19000 applicants have been trained so far
So far 13800 cabs have been distributed and the 20,000 target will be achieved by Jul15, 2012. The total financial outlay is Rs.10.5 billion.