10,000 Green Tractor Scheme & Kisan Bank By CM Punjab- Eligibility, Registration & More!
Here is the latest news for all the 8171 ehsaas program Beneficaries, The government of Punjab has announced one of the greatest relief packages for eligible farmers in which they will be providing 10,000 Green Tractors on 70% subsidy for smaller ones and a 50% subsidy on the large tractor.
Know the Complete Details about the CM Punjab Green Tractor Scheme and the establishment of the Kisan Bank, with all the important features and facilities set up for the Farmers by the Punjab Government.
Green Tractor Scheme Approved By Maryam Nawaz [2024 Update]
Chief Minister Maryam Nawaz recently unveiled the Punjab Kisan Bank and the Green Tractor Scheme, which will assist farmers increase their output by giving them soft loans. In a meeting presided over by Maryam Nawaz and PML-N President Nawaz Sharif, consent was given. A thorough briefing on the Kissan Package was delivered during the meeting.
Also Read: Kisan Card Registration 2024
Approval of 10,000 Green Tractors for Kisan on a Subsidy
10,000 tractors will be distributed by the Punjab government as part of the scheme’s first phase. She refused an offer to pay a subsidy of Rs. 600,000 for a tractor, Instead, she announced that for small tractors, the government would provide a 70% subsidy, and for large tractors, a 50% subsidy. Maryam Nawaz Sharif, the chief minister, has mandated that this initial phase be finished in a year. Every year, a greater quantity of tractors will be supplied.
Establishment of Kisan Bank By Punjab Government
The most recent update states that on Friday, an important decision was made to establish the Punjab Kisan Bank and offer farmers cheap loans. This is one of the unique initiatives offered by the government of Pakistan to provide financial aid to the 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
Eligibility Criteria For The Green Tractor Scheme 2024
The government has assured this thing every time that whenever they provide any Social relief to its people it must reach the eligible person, and for this reason, they set certain criteria and requirements for them according to the initiative.
People who are eligible for the Green Tractor Scheme First Phase:
Registration for the CM Green Tractor Scheme 2024
As of right now, no precise information about the scheme’s application procedure is available. The public will be informed as soon as additional information is made available by the Punjab government. Interested farmers should check back for updates.
Overall Detail For 10,000 Punjab Tractor Scheme
Here is a quick detail for all the interested viewers of the Punjab Government Schemes:
| Properties | Details |
| Scheme Name | Green Tractor Scheme 2024 |
| Approved By | Maryam Nawaz Sharif and Mian Muhammad Nawaz Sharif |
| No Tractors to be Distributed | 10,000 in the first phase |
| Subsidy on Small Tractors | 70 percent |
| Subsidy on Big Tractors | 50 percent |
| Completion of the First Phase | Within one year |
| Eligibility Criteria | Farmers may apply for the Green Tractor Scheme if they possess between six and fifty acres of land. |
| Registration | Will be announced Soon |
Conclusion
In conclusion, the Punjab Government’s Green Tractor Scheme and the establishment of the Kisan Bank mark significant steps towards enhancing the agricultural sector. By offering substantial subsidies on tractors and providing soft loans through the Kisan Bank, the government aims to boost farmers’ productivity and economic well-being.
This initiative, approved by Chief Minister Maryam Nawaz, underscores the commitment to supporting small and large-scale farmers, ultimately contributing to the prosperity of Punjab’s agricultural community.
FAQs
How Many Tractors Will be Distributed In the First Phase By the Government Of Punjab?
10,000 tractors will be distributed by the Punjab government as part of the scheme’s first phase.
How Much Subsidy is Given on Green Tractors?
The government would provide a 70% subsidy, and for large tractors, a 50% subsidy.
What are the Eligibility Criteria for the Green Tractor Scheme?
Individuals qualified for the First Phase of the Green Tractor Scheme: