Punjab Chief Minister Maryam Nawaz Sharif has approved the Punjab Green Tractor Scheme 2024, a fully interest-free initiative to assist farmers in purchasing tractors through easy installments. The scheme was approved during a meeting with PML-N President Mian Muhammad Nawaz Sharif, where the leaders discussed the Kisan package and other projects aimed at aiding Punjab’s farmers, including the creation of a special Kisan Bank for easy loans.
| Scheme Name | Punjab Green Tractor Scheme 2024 |
|---|---|
| Purpose | Assist farmers in purchasing tractors through interest-free installments |
| Subsidy Details | 70% subsidy for small tractors, 50% for large tractors |
| First Phase Goal | Distribution of 10,000 tractors within one year |
| Eligibility Criteria | Punjabi farmer, Pakistani identity card holder, owns 6-50 acres of land, no bank debts, permanent resident of Pakistan |
Subsidy on Punjab Tractor Scheme For Farmers
The Punjab government plans to distribute 10,000 tractors in the first phase of the Green Tractor Scheme, with 70% subsidies for small tractors and 50% for big ones. Chief Minister Maryam Nawaz Sharif has directed the first phase to be completed within a year.
Distributed Producer Of Green Tractor In Punjab
The Punjab government plans to distribute 10,000 tractors in the first phase of the Green Tractor Scheme, with plans to increase the number annually.
Eligibility Criteria for the Punjab Tractor Scheme
The Punjab government has set eligibility criteria for farmers to benefit from a scheme, including being Punjabi, having a Pakistani identity card, owning 6-50 acres of land, not owing any debts to banks, and being permanent residents of Pakistan.
How to Apply for the Tractor in Punjab Latest Update
The Punjab government is providing farmers with a green tractor scheme, but details on how to apply are not yet available. The article aims to keep farmers informed about the scheme’s eligibility criteria and benefits and encourages questions or inquiries in the comment section. The government’s plan to provide maximum relief to farmers is commendable, and any updates will be available on the website.