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Update Which New Opportunities Will the Punjab Green Tractor Scheme CreateUpdate Which New Opportunities Will the Punjab Green Tractor Scheme Create

Last Updated on: 12th June 2024, 12:18 pm

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Punjab Chief Minister Maryam Nawaz Sharif approved the Punjab Green Tractor Scheme 2024 to provide significant support to farmers. This scheme is expected to provide many benefits and facilitations to farmers across Punjab. Through this scheme, farmers across the province can now buy tractors on easy, interest-free installments.

The approval was given at a recent meeting chaired by Punjab Chief Minister Maryam Nawaz Sharif and PML-N President Mian Muhammad Nawaz Sharif. In this meeting, they were briefed about the Kisan package. Several other projects to strengthen support to farmers in Punjab were also approved, including the setting up of a special Kisan Bank to provide easy loans to farmers.

Update Which New Opportunities Will the Punjab Green Tractor Scheme Create

Tractor Subsidies to Support Farmers in Punjab

Punjab government aims to distribute 10,000 tractors in the initial phase of the tractor project. During the meeting, it was decided that the government would provide 70% of subsidy for small tractors and 50% for large tractors. Punjab Chief Minister Maryam Nawaz Sharif has directed that this first phase should be completed within a year. He stressed that the number of tractors distributed will increase every year.

Distribution of 10000 tractors in the First Phase

As previously reported, the Punjab government plans to distribute 10,000 tractors in the first phase of the project. The Chief Minister stressed that this target is an important milestone and the number of tractors will increase every year.

Also Read: New Update: Application Process for New Tractor Distribution Scheme 2024

Eligibility Setup for the Punjab Green Tractor Scheme

To ensure that the Punjab Green Tractor Scheme reaches the affected farmers, the Punjab government has set specific eligibility criteria. Only those who meet these criteria can benefit from the scheme. Eligibility requirements include:

  • Be a resident of Punjab.
  • Have a Pakistani National Identity Card.
  • Own land between 6 and 50 hectares.
  • No current bank loan available.
  • Be a permanent resident of Pakistan.

Chief Minister Tractor Scheme 2024 Apply Online

Currently, there are no details available on how to apply for Punjab Green Tractor Programme. The Punjab government has not released any information about the application process yet. As soon as the Punjab government gives any news, all the details will be published on our website. For now, wait for more information.

Also Read: Big Update: Maryam Nawaz Started Punjab Livestock Card and Farmer Guidance App

Last Words

The initiative of the Punjab government to provide significant support to farmers is commendable. The objective of this article was to keep you updated with the latest information about the Punjab Green Tractor Scheme. We have outlined the eligibility criteria and other necessary information about the scheme. If you have any queries or need more information, feel free to ask in the comment section.

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