Punjab Green Tractor Scheme 2024 eligibility requirements and farmer application information
LAHORE: In light of the extensive steps the government has made to support growers, Punjab Chief Minister Maryam Nawaz has authorized the “CM Punjab Green Tractor Scheme” for farmers throughout the province.
In a meeting presided over by Maryam Nawaz and PML-N President Nawaz Sharif, the consent was given.
A thorough briefing on the Kissan Package was delivered during the meeting.
Recommended Post’s 👇
*Mangoes are abundant in Dubai and Sharjah marketplaces, with prices as low as Dh4 per kg*
The creation of the Kisan bank, which will offer farmers easier access to loans, was among the other initiatives to help Punjabi farmers that were agreed during the meeting.
Subsidy on Tractors
The chief minister turned down a plan to provide a tractor subsidy of Rs. 600,000 during the meeting. She ordered the government to provide a 50% subsidy for large tractors and a 70% subsidy for small tractors.
Number of Tractors to be distributed Under New Scheme.Â
The government has made the decision to provide 10,000 more tractors under the Punjab Green Tractor Scheme by 2024. The tractor scheme’s first phase must be finished in a year, per the chief minister’s directive.
Who is Eligible for Green Tractor Scheme?
Farmers may apply for the Green Tractor Scheme if they possess between six and fifty acres of land.
Where to Apply for Subsidised Tractor?
The information regarding receiving applications for tractors with subsidies has not yet been released by the government. As soon as more details become available, they will be posted here.