10,000 Green Tractor Scheme & Kisan Bank By CM Punjab- Eligibility, Registration & More!
The government of Punjab has announced one of the biggest relief packages for eligible farmers under the 8171 ehsaas program in the form of 10,000 Green Tractors on a 50% subsidy for larger ones and a 70% subsidy for smaller tractors.
Get the complete details about the Punjab Government’s Green Tractor Scheme and the establishment of the Kisan Bank, with all the important features and benefits for farmers.
Maryam Nawaz Approves Green Tractor Scheme for [2024]
The Punjab Kisan Bank and the Green Tractor Scheme were recently unveiled by Chief Minister Maryam Nawaz, which will provide soft loans to farmers in order to help them increase their production. During the meeting, Maryam Nawaz and PML-N President Nawaz Sharif provided a thorough explanation of the Kissan Package.
Also Read: Kisan Card Registration 2024
Approval of 10,000 Green Tractors for Kisan on a Subsidy
In the first phase of the scheme, the Punjab government will distribute 10,000 tractors. Instead of accepting a subsidy of Rs. 600,000 for a tractor, she announced that the government would provide a 70% subsidy for small tractors, and a 50% subsidy for large tractors. A greater quantity of tractors will be supplied every year as Maryam Nawaz Sharif has mandated that this initial phase be completed within a year.
Punjab Government Establishes Kisan Bank
On Friday, a decision was made to establish Punjab Kisan Bank and offer farmers cheap loans. This is one of the unique initiatives offered by the government of Pakistan to provide financial assistance to farmers.
“A farmer package worth 400 billion rupees is being introduced in Punjab for the first time,” Punjab Chief Minister Maryam Nawaz declared. “Farmers will obtain agricultural inputs, in addition to other perks and services, through the Kisan Card. Increasing agricultural output and ensuring the prosperity of all farmers are among our top priorities.
Also Read: “Maryam ki Dastak” App Registration
A list of eligibility criteria for the Green Tractor Scheme 2024
Whenever the government provides social relief to its people, it must reach the eligible person, and for this reason, it sets specific criteria and requirements for them.
The following people are eligible for the Green Tractor Scheme First Phase:
CM Green Tractor Scheme Registration 2024
The Punjab government will inform the public as soon as additional information on the scheme’s application process becomes available. Farmers interested in the scheme should check back regularly.
Details of the 10,000 Punjab Tractor Scheme
For all the interested viewers of Punjab Government schemes, here is a quick summary:
| Properties | Details |
| Name of the scheme | Green Tractor Scheme 2024 |
| By: | Mian Muhammad Nawaz Sharif and Maryam Nawaz Sharif |
| Tractors will not be distributed | In the first phase, 10,000 will be distributed |
| Tractor subsidy for small tractors | 70 percent |
| Tractor subsidies for big tractors | 50 percent |
| The first phase of the project has been completed | Within one year |
| Criteria for eligibility | If farmers own between six and fifty acres of land, they can apply for the Green Tractor Scheme. |
| The registration process | Will be announced Soon |
In conclusion
To conclude, Punjab Government’s Green Tractor Scheme and the Kisan Bank are significant steps towards improving agriculture. In order to boost farmers’ productivity and economic well-being, the government offers substantial subsidies on tractors and provides soft loans through the Kisan Bank.
As a result of this initiative, approved by Chief Minister Maryam Nawaz, Punjab’s agricultural community will benefit from support for small and large-scale farmers.