Chief Minister of Punjab, Maryam Nawaz Sharif, approved the Kisan Card project to improve the socio-economic condition of farmers in Punjab. The initiative will provide loans to 500,000 small and large farmers on easy terms, along with various subsidies to boost production, aiming for significant development in the agricultural sector.
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How To Get a Kisan Card
Chief Minister Maryam Nawaz Sharif announced that farmers can receive an easy loan of up to Rs 1.5 lakh for one crop season using the Kisan Card. The card allows farmers to buy fertilizers, seeds, and other agricultural inputs. The farmer’s identity card will be verified by NADRA to ensure no defaulters. The interest-free loan will be repaid in six months and eligible for a new loan.
Aspect | Details |
Loan Amount | Up to Rs. 1.5 lakh per crop season (interest-free) |
Eligibility | Farmers with up to 12.5 acres, registered land, and SIM linked to ID |
Application | Register phone with ID, send ID number to 8070 via SMS, await confirmation |
Application Process For Kisan Card 2024
The Kisan Card project in Punjab will provide agricultural loans worth Rs 300 billion annually to around 500,000 farmers, who own up to 12.5 acres of land. To apply, land must be registered in the Land Record Center and a mobile SIM must be registered against the applicant’s ID card number. The initiative aims to provide financial relief to poor farmers, increase production, boost income, and support poverty reduction by enhancing yield and efficiency.
Modern Agricultural Seeds and Machinery
The Punjab government has introduced the Kisan Card to help farmers cope with rising inflation. The card offers a Rs 150 billion subsidy, allowing farmers to receive loans of up to Rs 30,000 per acre of land on easy terms. The government also plans to establish model agriculture centers in collaboration with the private sector and provide 24,800 units of the latest agricultural implements at a cost of Rs 7 billion.
Conclusion
Chief Minister Punjab Maryam Nawaz Sharif has launched the registration process for the Kisan Card, a project aiming to provide agricultural loans worth Rs 300 billion annually to 500,000 farmers in Punjab. The initiative requires land registration at the Land Record Center and mobile SIM registration against the applicant’s ID card number. The aim is to support the agricultural sector and improve farmers’ livelihoods.
Also Read: How to Get Kisan Card, New Registration Procedure and Benefits Revealed by CM Punjab 2024
FAQs
What is the loan amount provided under the Kisan Card?
Farmers can receive an interest-free loan of up to Rs. 1.5 lakh per crop season.
Who is eligible for the Kisan Card?
Farmers owning up to 12.5 acres of land, with land registered at the Land Record Center and a SIM registered against their ID card.
How can I apply for the Kisan Card?
Register your mobile phone with your ID, send your ID number to 8070 via SMS, and wait for eligibility confirmation.