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 170,478.94
174.95M
-0.41%
-696.57
ALLSHR 102,885.54
725.60M
-0.29%
-297.60
KSE30 50,877.61
79.52M
-0.67%
-344.88
KMI30 243,917.86
73.26M
-0.62%
-1524.88
KMIALLSHR 66,743.35
311.96M
-0.35%
-234.16
BKTi 46,317.47
21.24M
-0.81%
-377.00
OGTi 35,218.63
5.39M
-1.33%
-473.03
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 60,885.00 62,405.00
59,600.00
370.00
0.61%
BRENT CRUDE 92.78 95.90
92.67
-2.25
-2.37%
RICHARDS BAY COAL MONTHLY 122.00 122.00
121.00
-0.75
-0.61%
ROTTERDAM COAL MONTHLY 134.35 138.25
134.00
0.30
0.22%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 90.25 93.63
89.68
-2.79
-3.00%
SUGAR #11 WORLD 14.12 14.50
14.09
-0.15
-1.05%

Chart of the Day


Latest News

Top 5 things to watch in this week

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