My question is that is it use full to give punishment or fine to students to become student regular or we give free hand to student
I don't understand your question. Could you reword it?
Punishment? No way!
How about motivation?
I undersdtand your question now. Maybe it all depends on the culture?
No. It makes the students hate learning instead of love it. If you want students to succeed you need to encourage them and make them feel safe and not threatened.