The Government of Punjab is set to launch an "Orange Cab" scheme seeking to provide 100,000 cars to unemployed youth in the province.

"The Orange Cab scheme will be launched this year," the Punjab Chief Minister Shahbaz Sharif was quoted as saying by the provincial government in a tweet.

Sharif expressed his desire to see the framework of the scheme developed electronically in order to restrict any possibility of mismanagement or corruption.

'"The scheme will provide 100,000 people with a source of income," he said, adding, "Previously, as part of the 'Apna Rozgar' scheme, the Punjab government has disbursed 50,000 cars to Punjab's young people."

CM Shahbaz Sharif stressed the importance of mobility as essential in helping young people secure a respectable source of income.

The Punjab government is known for its focus on expanding road infrastructure across Punjab's major cities.

With the Orange Cab scheme in the pipeline, the province may see a surge in the number of cars on its streets.

According to a survey conducted by the Pakistan Bureau of Statistics, the total unemployment rate in Pakistan stood at 5.9 per cent, in 2014-15.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...