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Punjab Green Tractor Scheme
Chief Minister Maryam Nawaz Sharif has launched the Punjab Green Tractor Scheme. Under this scheme, farmers belonging to Punjab will be provided a subsidy of 6 lakh rupees on the purchase of tractors. It has announced a 70% subsidy on purchasing a small tractor and a 50% subsidy on the big tractor.
The number of tractors under this scheme has increased to 10,000 at the suggestion of former Prime Minister of Pakistan Mian Muhammad Nawaz Sharif. Chief Minister Punjab Ms. Maryam Nawaz Sharif said that the first phase of this scheme will completed in one year.
Every year more and more tractors will be provided to the farmers under this scheme. Chief Minister Punjab has also approved the high-tech mechanization program developed at the local level. He said that foreign companies will manufacture harvesters and other agricultural implements in Punjab. Foreign companies will considered for the proposal of manufacturing and giving incentives in Punjab for modern equipment. In the first phase, 9,500 lucky farmers have started getting a discount of Rs. 1 million on the purchase of Green Tractor Scheme.
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Who Is Eligible For Punjab Green Tractor Scheme
To be included in the Punjab Green Tractor Scheme, specific eligibility criteria have set, which must fulfilled. Farmers who do not meet the eligibility criteria will not be able to get tractors at discounted rates under this scheme.
- Only people belonging to the farming sector can be eligible for this Scheme.
- Only those farmers who belong to Punjab will eligible for this Scheme.
- Farmers belonging to any city or district other than Punjab province cannot get a discount on the purchase of a tractor under this scheme.
- To buy a tractor under the scheme, the farmers must have a land area of 6 acres to 50 acres.
- Farmers having an area of less than 6 acres will not be able to get a subsidy on the purchase of a tractor.
- Farmers must have a valid National Identity Card to benefit from the scheme.
- On the identity card, their current address must be from any city related to Punjab.
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Registration Of Punjab Green Tractor Scheme
Under the Punjab Green Tractor Scheme, registration has to be done to get a discount on the purchase of a tractor. By registering regularly in this scheme, you will get a 50 to 70% subsidy on a tractor. Farmers should visit their nearest branch of Punjab Bank for registration. After registration, eligible farmers will buy tractors with the participation of Punjab Bank.
Ms. Maryam Nawaz Sharif said that farmers will encouraged to use solarization systems for tube wells. Kisan cards will be provided to farmers to get agricultural implements, tractors, or solar systems.
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Budget Of Punjab Green Tractor Scheme
The Punjab Green Tractor Scheme has declared as a historic package for the farmers. Under this scheme, for the first time in the history of Pakistan, a subsidy of 400 billion rupees is being provided to the farmers. This is the first big farmer package in Punjab.
Ms. Maryam Nawaz Sharif said that under this scheme, agricultural inputs and other benefits and facilities will also be provided to the farmers. Better measures will taken for the prosperity of farmers and an increase in agricultural production in Punjab.
He further said that tube well solarization and drip irrigation systems will be promoted to increase agricultural production. Improving agricultural production in the country is one of our primary goals.