Sindh Raises Rs. 675.4 Million from Auction of Premium Number Plates
The Sindh Excise Department successfully raised Rs. 675.4 million through the auction of 40 premium number plates in Karachi. This significant revenue generation will support the construction of homes for flood victims, according to Sindh Information Minister Sharjeel Memon.
Key Highlights of the Auction
- Highest Bid: The license plate number 1 was sold for a record PKR 100 million.
- Other Notable Sales:
- Plate number 5: PKR 53 million
- Plate number 7: PKR 46 million
- Plate number 8: PKR 41 million
- Plate number 9: PKR 40 million
Auction Proceeds and Utilization
Flood Victim Support:
- Homes Construction: Proceeds will fund the construction of 2,251 homes for flood victims.
- Minister’s Statement: Sharjeel Memon highlighted the government’s commitment to using the funds for humanitarian efforts, ensuring that the auction proceeds benefit those affected by recent floods.
Upcoming Auctions
Future Plans:
- Second Phase: Memon announced that the second phase of the premium number plates auction will begin soon, with expectations to generate additional funds.
- Support for Reconstruction: Further auctions will continue to support the province’s ongoing reconstruction and rehabilitation initiatives.
Premium Number Plates Features
The auctioned premium number plates have unique characteristics making them highly sought after:
- Personalized Property: The plates can be inherited and transferred between vehicles.
- Registration: Based on Computerized National Identity Card (CNIC).
- Customizable: Platinum number plates allow custom color shades, excluding prescribed colors.
- Transferability: Plates can be transferred to another CNIC for a prescribed fee.
Categories of Premium Number Plates
- Platinum:
- Characters: Up to 3
- Base Price: Rs. 2 million
- Gold:
- Characters: Up to 5
- Base Price: Rs. 1 million
- Silver:
- Characters: Up to 7
- Base Price: Rs. 50,000
Impact and Future Prospects
The auction of premium number plates not only brings in substantial revenue but also serves a philanthropic purpose by aiding in the reconstruction efforts for flood victims. The upcoming auctions are expected to bolster these efforts further, reflecting a blend of community support and innovative revenue generation by the Sindh government.
Additional Measures
- Crackdown on Fake Plates: Sindh has also launched initiatives to crack down on fake number plates, ensuring authenticity and compliance in vehicle registration.