CM hands over 92 yellow cabs

Punjab Chief Minister Shahbaz Sharif said on Saturday that the Yellow Cab Scheme will provide employment to the educated youth of Punjab.
Addressing a ceremony held on the occasion of first phase of handing over vehicles to the successful applicants of the Khadim-e-Punjab Self Employment Yellow Cab Scheme. The ceremony was held in the Rawalpindi Art Council auditorium.
Speaking at the occasion, Shahbaz said that 20,000 vehicles will be distributed under the first phase of the scheme. He said that Pakistan can be developed through austerity, hard work and honesty, adding that the poor people also had a right over resources of the country and the aim of yellow cab scheme was to give them their right.
In the first phase of the scheme, vehicles have been handed over to 92 men and women out of 810 successful applicants of the Rawalpindi district.
The chief minister said that this scheme was launched for the first time during Pakistan Muslim League – Nawaz (PML-N) government in 1990-93 and it was a brainchild of PML-N President Nawaz Sharif. He said that the aim of yellow cab scheme was to provide employment to the educated youth so that they could stand on their own feet, adding that it will dissuade people from beggary.
Shahbaz said that the process of distribution of 20,000 yellow cabs through transparent balloting was continuing in the province and the number of cabs to be distributed will be increased further. He said that the educated youth is an asset of our country and Punjab government has also launched a one billion rupees scheme for providing loans of Rs 50,000 each to 50,000 poor families for self-employment. He added that scholarships of one billion rupees were being given to 30,000 male and female students.