Punjab Plans Significant Agricultural Package For Eid

Chief Minister Maryam Nawaz Sharif has introduced Punjab’s most extensive agricultural package yet, presenting it as an Eid gift for the diligent farmers of the province. Senior Provincial Minister Maryam Aurangzeb has unveiled the comprehensive details of this landmark agricultural initiative, led by Punjab’s Minister for Agriculture, Syed Aashiq Hussain Shah Karamani.

Key Components of the Package for Punjab Farmers:
Interest-Free Loans: Punjab plans to provide interest-free loans totaling Rs300 billion to farmers over two years, with a primary focus on supporting small-scale farmers and growers, comprising 80% of the beneficiaries.

Read more: Saudi Arabia Will Celebrate Eid Ul-Fitr 2024 On Wednesday

Additional Financial Assistance: In addition to loans, an extra Rs. 100 billion will be allocated for subsidies and the procurement of modern machinery to enhance agricultural practices.

Total Investment: This ambitious package amounts to approximately Rs. 400 billion, aimed at revitalizing Punjab’s agricultural sector and uplifting its farmers.

The Provincial Minister for Agriculture emphasized that within just 21 days of assuming office, Chief Minister Maryam Nawaz initiated 26 major developmental projects. The government has devised a comprehensive program for agricultural development within about two and a half months. The agricultural package introduced by Chief Minister Punjab promises a prosperous future for farmers, as it will lead to modern agriculture practices, enhanced machinery utilization, and increased milk and meat production in Punjab.

Efforts are being made to achieve agricultural self-sufficiency, which will significantly aid in curbing inflation. Maryam Nawaz has launched a groundbreaking project for farmer cards, offering interest-free loans to 500,000 farmers in the initial phase. Each farmer with less than 5 acres of land will receive Rs0.15 million, totaling Rs15 billion in interest-free loans for half a million farmers in one year.

Moreover, new research centers are being established to enhance wheat, cotton, and rice production, along with efforts to improve livestock through the latest embryo labs. Additionally, 25 new mobile dispensaries equipped with modern facilities, including ultrasound machines, will be launched in 25 districts to improve farmers’ and crop conditions. To further support farmers and crops, modern machinery, including super seeders and shredder machines, will be imported for 5,000 farmers in Punjab, with plans to distribute 8 to 10 thousand machines through a lucky draw in the initial phase.