Maryam Nawaz started the Punjab Livestock Card Scheme, which provides farmers a no-interest credit of Rs 2.5 lakh for animal feed. It plans to enhance Punjab’s agricultural sector and secure farmers’ economic autonomy. The Chief Minister highlighted the need for a simple loan application process and aims at promoting the dairy industry in South Punjab..
| Scheme | Details |
| Punjab Livestock Card Scheme | Rs 2.5 lakh interest-free loans for feed |
| Launch | 40,000 farmers benefit initially |
| Eligibility | Citizens, and residents of Punjab with CNIC |
| Repayment | 90 days |
The initial stage affects 40,000 farmers.
The inaugural round of the Punjab Livestock Card Scheme will benefit 40,000 farms. Once the online enrollment approach begins, men and women alike can apply for this kind of insurance. The campaign is gender-neutral, allowing any able farmers to participate. The farmer who engages with this initiative will get funding to manage their cattle well.
Rs 2.5 lakh Financing for Agriculture
The Punjab Livestock Card Scheme has the goal to offer resources to farmers who cannot pay for pricey animal feed. By offering a loan of Rs 2.5 lakh, the plan aids farmers in growing their animal companies. The financing will be due in convenient stages, making it easier to manage for farmers. The idea is
Lending Limit and Extra Advantages
The initiative enables farmers to borrow up to Rs 2.5 lakh to purchase critical goods like as wanda (animal feed), silage, and mineral mixtures. Growers have 90 days to repay their loans. The Punjab’s Animal Card Scheme also contains an “Animal Identity The Traceability System,” which aids in the effective care of animals. Farms will benefit from free animal tagging, the act of ins and silage inspections for quality.
Qualification necessities for the course
Punjab Livestock Card Scheme Overview:
- Candidate requirements: Pakistani nationals or long-term residents of Punjab.
- Must wear a valid CNIC card.
- Benazir Income Support Programme (BISP) members qualify for the no-interest loan.
- Officially known as the Punjab Livestock Card Initiative 2024.
- The initial phase plans to provide 40,000 farmers with a no-interest loan of Rs 2.5 lakh.
- Repayable duration: 90 days.
- Aims to improve farmers’ lives by providing financial resources for livestock business growth.
Conclusion:
Chief Minister Maryam Nawaz created the Punjab Livestock Card Scheme. The scheme aims to improve horse nutrition and encourage farmers’ financial autonomy by providing interest-free loans. The initial stage will help 40,000 farmers, giving the same possibilities for men and women. It not only benefits individual farmers, but it also includes to the province’s economy as a whole.
Also Read: How to Achieve a 60 PMT Score for BISP Beneficiaries 2024
FAQs
Which party would profit from the Punjab Livestock Card Scheme in 2024?
The proposal is accessible to all applying Punjab farmers, encompassing men and women.
What’s happening with the loan amount offered under the plan in 2024?
Landlords can get an interest-free loan of Rs 2.5 lakh to buy animal feed.
For how much time will farmers have to repay the loan in 2024?
Farmers have 90 days to return the loan amount.