Punjab Green Tractor Scheme BY CM Punjab ” Check Eligibility” 2024
Punjab Chief Minister Maryam Nawaz has given the green light to the “CM Punjab Green Tractor Scheme” to assist farmers across the province. This initiative is part of the government’s broader efforts to support growers and enhance agricultural productivity.
In Lahore, Chief Minister Maryam Nawaz introduced the “Punjab Kisan Bank” along with the Green Tractor Scheme to offer farmers soft loans and help them improve their yield. She rejected a proposal for a Rs600,000 subsidy per tractor and instead directed a 70% subsidy for small tractors and 50% for large tractors. Additionally, the scheme has increased the number of available tractors by 10,000.
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Key Highlights of the Punjab Green Tractor Scheme:
- Scheme Approval: In a significant development, the scheme received approval during a pivotal meeting led by Maryam Nawaz, with PML-N President Nawaz Sharif also in attendance.
- Eligibility: Farmers who own between six to 50 acres of land are eligible to apply for this transformative scheme.
- Subsidy Details: The scheme offers substantial subsidies, including a 70% discount on small tractors and a 50% discount on larger tractors, making it more accessible to a broader range of farmers.
- Tractor Distribution: A total of 10,000 tractors will be distributed throughout 2024, ensuring widespread benefit across the farming community.
- Implementation: The first phase of this initiative is set to be completed within the year, streamlining the process for eligible farmers.
- Additional Measures: To further support the agricultural sector, the government will establish a Kisan Bank, designed to provide accessible and convenient loans to farmers, enhancing their ability to invest in and improve their agricultural practices.
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Eligibility Criteria for Punjab Green Tractor Scheme
When the government launches a scheme, certain eligibility criteria are set to ensure it reaches the right beneficiaries. The Punjab government has established specific criteria for the Punjab Green Tractor Scheme. Only farmers who meet these criteria can benefit from this initiative. The eligibility details are as follows:
- To qualify for the scheme, farmers need to meet these criteria:
- Residency: Farmers must be from Punjab and be permanent residents of Pakistan. This ensures the scheme supports local communities effectively.
- Identification: They must hold a Pakistani identity card, which is necessary for verifying their eligibility.
- Land Ownership: Eligible farmers should own between 6 to 50 acres of land. This range helps target support where it is most needed.
- Financial Status: Farmers should not have any outstanding debts with banks.
- These requirements collectively aim to ensure that the scheme benefits those who are most in need and can make the best use of the support provided.
What is the CM Punjab Green Tractor Scheme?
The “CM Punjab Green Tractor Scheme“, approved by Punjab Chief Minister Maryam Nawaz, provides subsidized tractors to farmers to boost agricultural productivity. You can also apply and learn about process of Kisan Card Registration.
| Scheme | Details |
|---|---|
| Scheme Approval | Approved in a meeting led by Maryam Nawaz, with PML-N President Nawaz Sharif present. |
| Eligibility | Farmers owning between 6 to 50 acres of land. |
| Subsidy Details | – 70% subsidy on small tractors – 50% subsidy on large tractors |
| Tractor Distribution | 10,000 tractors to be distributed in 2024. |
| Implementation | First phase to be completed within the year. |
| Additional Measures | Creation of a Kisan Bank to offer accessible loans to farmers. |
Who is eligible for the Green Tractor Scheme?
Farmers who own six to 50 acres of land can apply for the scheme.
How many tractors will the scheme distribute?
The government will distribute 10,000 tractors in 2024.
Read Also: Green Tractor Scheme Online Apply – Deadline Set 10 October 2024
Other Features
During the meeting, the government of Pakistan also approved other initiatives to support farmers in Punjab, including:
- Kisan Bank: A new bank to offer accessible loans to farmers.
- Kissan Package: Comprehensive support measures for farmers.
Read Also: Form For Registration in Punjab Green Tractor Scheme
What are The Benefits of the Green Tractor Scheme:
- Increased Productivity: Modern tractors will help farmers increase their productivity and efficiency.
- Cost Savings: Significant subsidies reduce the financial burden on farmers.
- Enhanced Support: Additional measures like the Kisan Bank ensure farmers have access to necessary financial resources.
Read Also: Special Reward Scheme For Wheat Farmers in Punjab 2025
Do You Know about PM launches Kisan Portal and how To Apply Kisan Portal 2024 learn each and everything about this program with complete guide. Did you know goverment lunched new app for you Mayram Ki Dastak App for apply online and get jobs. Another new APP lunched 233 E Cattle Market App but animal from here.
Conclusion:
The CM Punjab Green Tractor Scheme is a major step towards enhancing agricultural productivity and supporting farmers in Punjab. With substantial subsidies and the introduction of a “Kisan Bank”, this initiative promises significant benefits for the farming community.
