Close Menu
    Facebook Instagram WhatsApp
    Trending
    • US, Brazil see jump in ethanol exports as consumers seek to boost fuel supplies
    • UK 10-year bonds head for sharpest daily slump since April 2025
    • Prediction markets see surge in suspicious trades as popularity explodes
    • Starbucks cuts 300 corporate jobs
    • Israel and Lebanon agree to extend ceasefire by 45 days, US State Dept says
    • Ryanair profit may come under ‘a bit of pressure’ if oil prices stay high, CEO says
    • European airlines downplay fears of summer jet fuel shortage
    • Clarence Carter: Legendary singer dies at 90
    Facebook WhatsApp
    Saturday, May 16
    Finance Pakistan
    Follow
    • Latest

      US, Brazil see jump in ethanol exports as consumers seek to boost fuel supplies

      May 16, 2026

      UK 10-year bonds head for sharpest daily slump since April 2025

      May 16, 2026

      Prediction markets see surge in suspicious trades as popularity explodes

      May 16, 2026

      Starbucks cuts 300 corporate jobs

      May 16, 2026

      Israel and Lebanon agree to extend ceasefire by 45 days, US State Dept says

      May 16, 2026
    • Pakistan

      Imran Khan Names Aliya Hamza Head of PTI Punjab Political Committee

      May 31, 2025

      Senate Committee Examines Electronic Voting System for Overseas Pakistanis

      May 31, 2025

      Imran Khan Signals Willingness for Dialogue and Calls for Direct Talks with Establishment

      May 31, 2025

      Zardari Calls for Dialogue to Strengthen Democracy and Institutions

      May 31, 2025

      International Airlines Resume Flights Over Pakistan While Indian Carriers Stay Banned

      May 31, 2025
    • Business

      Pakistani Rupee Undervalued with Fair Value at 249 per US Dollar, Says Report

      May 31, 2025

      PSX Rally Continues as KSE-100 Nears 120000 Mark on Broad Sector Gains

      May 30, 2025

      Pakistan Stock Exchange Nears 119,000 on Global Boost and Budget Optimism

      May 29, 2025

      KP Faces Fresh Controversy Over Rs33 Billion Solar Project Amid Pricing and Tender Irregularities

      May 28, 2025

      PSX Recovers Slightly After Sharp Drop Gains 112 Points Amid Cautious Trading

      May 27, 2025
    • Tech

      Elon Musk’s company SpaceX to launch space-based mobile call service

      January 2, 2025
    • Sports

      Haris Rauf Shines in ESPN Cricinfo’s Selection of ODI Team 2024

      January 1, 2025
    • Entertainment
    • World

      China Backs Dialogue and Mediation for Peaceful Resolution of International Disputes

      May 31, 2025

      China Says Its Export Controls Follow International Norms and Are Not Targeted

      May 31, 2025

      Chinese Foreign Minister Urges Building China Pacific Island Countries Community with Shared Future

      May 30, 2025

      Prince William’s Private Trips Reveal Commitment to Duchy Amid Growing Royal Duties

      May 30, 2025

      Chinese Foreign Minister and Tonga’s Crown Prince Emphasize Strong Bilateral Ties and Mutual Support

      May 29, 2025
    Follow
    Facebook WhatsApp
    Finance Pakistan
    • Latest
    • Pakistan
    • Business
    • Tech
    • Sports
    • Entertainment
    • World

    Punjab cabinet clears launch of ‘Air Punjab’ airline in major policy push

    Latest June 3, 20250 Views
    Facebook WhatsApp LinkedIn Telegram Copy Link
    Punjab cabinet clears launch of ‘Air Punjab’ airline in major policy push
    Share
    Facebook WhatsApp LinkedIn Telegram Copy Link

    Punjab cabinet clears launch of ‘Air Punjab’ airline in major policy push

    LAHORE:The Punjab government on Tuesday gave the green light to establish the province’s first-ever airline, Air Punjab Private Limited, in a landmark decision made during the 26th meeting of the provincial cabinet chaired by Chief Minister Maryam Nawaz Sharif.

    The meeting — held at the Chief Minister’s Office — saw the cabinet deliberate on 101 agenda items, ranging from transport and agriculture to healthcare, labour safety, and social welfare.

    Marking a major shift in the province’s approach to modern transport, CM Maryam announced that the new airline would begin operations within one year, following full cabinet approval. The move is part of a broader transport reform that also includes the rollout of electric buses across nine divisions, establishment of EV charging stations in major cities, and the construction of new bus shelters and depots at Thokar Niaz Baig and Lahore Railway Station.

    Among other high-impact decisions, the CM announced up to 40% reduction in electricity tariffs, making Punjab the first province in Pakistan to voluntarily offer such relief. The cabinet approved reduced rates for Quaid-e-Azam Thermal Power Pvt Ltd and Punjab Thermal Power Pvt Ltd, aimed at lowering consumer bills and easing financial stress on citizens.

    In agriculture, the Chief Minister unveiled a sweeping support plan for wheat growers. The cabinet was informed that a Rs. 5,000 per acre subsidy had already been distributed to 514,000 farmers, while payments to another 500,000 are underway. Under Phase II of the Kisan Card scheme, Rs. 63 billion has been disbursed, with Rs. 18 billion spent on fertilizer purchases. The cabinet approved the Chief Minister Wheat Program 2025 to further enhance support for the sector.

    The cabinet backed a Rs. 40 billion initiative to upgrade infrastructure in all public schools — including new classrooms, toilet blocks, labs, and furniture. Approval was also granted for the Punjab Autism School and Resource Centre Lahore Act 2025, with a mandate to provide inclusive admissions for all children.

    In a major health sector move, the cabinet approved the Nawaz Sharif Medical City in Lahore, spanning 5,000 kanals, complete with specialized hospitals, urban forests, public parks, and family facilities. A global institution has shown interest in setting up a children’s hospital in the medical district.

    Addressing worker welfare, the CM ordered the Labour Department to ensure provision of safety gear to all high-risk workers and approved ration cards for registered labourers and miners. The cabinet also approved a Rs. 400 million grant for the Punjab Journalist Housing Foundation for payments to RUDA related to the Lahore Press Club Housing Scheme Phase II.

    Green development featured prominently as well, with the cabinet endorsing eco-tourism projects in Changa Manga, Lal Sohanra, and the National Park, while also approving the Punjab Green Development Program restructuring.

    Among the key legislative and policy approvals were the Punjab Senior Citizens Welfare Bill 2025, Mines and Minerals Act 2025, Punjab Public Awareness and Information Dissemination Act 2025, amendments to the Price Control of Essential Commodities Act 2024, and the Punjab Primary and Secondary Healthcare Services Bill 2025. The cabinet also approved the Punjab Child Protection Policy, dissolved the Board of Management of Punjab Institute of Mental Health, and sanctioned the formation of a new administrative committee.

    The meeting cleared implementation of the Electronic Warehouse Receipt System (EWR) for farmers, launch of a pension scheme under the Defined Contribution model, distribution of 1,100 interest-free electric taxis in Lahore, registration of electric vehicles, issuance of vanity vehicle number plates, and supplementary grants for Ramzan Bazaars 2022, branded motorcycles, and court-ordered payments.

    The cabinet also endorsed recruitment drives in various departments and confirmed decisions taken during the previous 25th cabinet meeting, including approval for medical reimbursements for critical patients and government employees.

    The post Punjab cabinet clears launch of ‘Air Punjab’ airline in major policy push appeared first on Profit by Pakistan Today.

    Follow on Facebook Follow on WhatsApp
    Share. Facebook WhatsApp Telegram LinkedIn Copy Link
    Previous ArticlePakistan, Azerbaijan explore deeper energy collaboration during minister’s Baku visit
    Next Article DHA incident: CCTV captures car-bike collision
    Add A Comment

    Comments are closed.

    Gold Price in Pakistan

    1 Tola Gold: Rs. 2,99,600

    See Details
    You may Like

    US, Brazil see jump in ethanol exports as consumers seek to boost fuel supplies

    Latest

    UK 10-year bonds head for sharpest daily slump since April 2025

    May 16, 2026

    Prediction markets see surge in suspicious trades as popularity explodes

    May 16, 2026

    Starbucks cuts 300 corporate jobs

    May 16, 2026

    Israel and Lebanon agree to extend ceasefire by 45 days, US State Dept says

    May 16, 2026
    © 2026 Finance Pakistan | Developed By Webmicron.
    • Terms
    • Contact Us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.