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 177,166.52
410.56M
0.33%
574.76
ALLSHR 107,641.65
676.88M
0.48%
519.21
KSE30 52,670.80
88.28M
0.39%
203.40
KMI30 251,460.53
103.06M
0.76%
1891.30
KMIALLSHR 69,413.38
509.62M
0.79%
544.65
BKTi 49,984.79
26.85M
-0.30%
-151.57
OGTi 36,423.05
16.04M
1.47%
527.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,100.00 78,915.00
76,745.00
-80.00
-0.10%
BRENT CRUDE 93.60 94.83
92.74
-0.18
-0.19%
RICHARDS BAY COAL MONTHLY 110.30 110.50
110.30
0.05
0.05%
ROTTERDAM COAL MONTHLY 125.25 125.25
125.25
1.50
1.21%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 86.64 87.51
85.80
-0.19
-0.22%
SUGAR #11 WORLD 17.60 17.89
17.16
0.08
0.46%

Chart of the Day


Latest News
August 22, 2026 at 12:49 AM GMT+05:00

Weekly Market Roundup


August 21, 2026 at 11:45 PM GMT+05:00

Petrol price rises Rs3.81, diesel up Rs3.59


August 21, 2026 at 11:29 PM GMT+05:00

GEPCO privatization heats up with 11 EOIs


August 21, 2026 at 10:42 PM GMT+05:00

Meezan Bank wins Best Bank of Pakistan title for sixth time



Top 5 things to watch in this week

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