Punjab launches fully digital public transport permit system

News Image

MG News | April 01, 2026 at 06:45 PM GMT+05:00

April 01, 2026 (MLN): Punjab’s public transport route permit system has been fully digitalized and integrated with the SECP’s insurance repository, enabling digital verification of third-party motor insurance.

Issuance and renewal of route permits will now be conditional on valid third-party insurance, ensuring financial protection for passengers, drivers, and individuals affected in accidents, according to a press release issued.

The integration was officially launched at SECP.

Speaking at the event, Dr. Kabir Sidhu highlighted that the insurance repository currently holds data for nearly 1 million vehicles.

He noted that while insurance coverage remains limited compared to the total number of vehicles in the country, emergency measures are underway to expand it.

Dr. Sidhu also mentioned proposed federal-level amendments to implement third-party insurance on a no-fault basis, ensuring timely compensation in case of accidents.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 167,089.28
109.91M
-0.21%
-352.63
ALLSHR 101,117.40
308.32M
-0.15%
-155.10
KSE30 49,841.71
50.59M
-0.28%
-142.15
KMI30 240,372.43
78.75M
-0.02%
-45.72
KMIALLSHR 65,518.16
188.07M
-0.05%
-35.70
BKTi 46,228.77
7.60M
-0.60%
-281.04
OGTi 33,974.66
4.20M
-0.27%
-91.31
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 83,735.00 83,735.00
82,645.00
1265.00
1.53%
BRENT CRUDE 104.54 105.09
102.33
0.26
0.25%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
0.75
0.59%
ROTTERDAM COAL MONTHLY 143.40 143.40
143.40
-1.15
-0.80%
USD RBD PALM OLEIN 1,167.50 1,167.50
1,167.50
0.00
0.00%
CRUDE OIL - WTI 91.66 0.00
0.00
-0.19
-0.21%
SUGAR #11 WORLD 20.27 20.44
20.09
0.12
0.60%

Chart of the Day


Latest News
October 10, 2026 at 01:05 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


October 10, 2026 at 12:53 AM GMT+05:00

Weekly Market Roundup


October 10, 2026 at 12:18 AM GMT+05:00

Petrol price cut by Rs0.66, diesel up by Rs0.52 per litre



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg