Good News: CM Punjab Maryam Nawaz Approved Kisan Card Latest Update 2024!

Maryam Nawaz, the chief minister of Punjab, approved the “Muhammad Nawaz Sharif Kisan Card Project,” which aims to improve the socioeconomic standing of farmers in the province and the agricultural industry.

Amount of different Loans for Farmers

This meeting on agricultural reforms was chaired by the CM. She said that 500,000 small farmers would receive easy-to-repay loans using the Kisan card. This loan, which has a 150 billion rupee value, will be provided in a year. Additionally, loans of Rs 30,000 per acre would be provided to farmers so they could buy insecticides, fertilizers, and seeds.

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Subsidies under the Nawaz Sharif Kisan Card

She also mentioned that farmers would receive a variety of subsidies under the Nawaz Sharif Kisan Card. The business sector will assist in the establishment of model agriculture centers, it was decided at the meeting. These model agriculture centers would supply seeds, insecticides, training, and modern farming technology. In the first phase, the CM approved the establishment of a state-of-the-art agriculture center in every district.

Collaboration with universities to improve the agricultural sector

The agriculture department was instructed by Maryam Nawaz to compile information on the supply and demand for each crop. The summit also approved the creation of a cutting-edge center of excellence for wheat, rice, and cotton research and development.

The meeting determined that a board would oversee the center of excellence’s administrative operations, that the research center would collaborate with nearby colleges, and that a research and development center would be established at Agriculture University Faisalabad for Rs 2 billion, with Chinese assistance.

Introduction of Technology for Agriculture Extension

The Agriculture Pesticide Act and Fertilizer Control Act would be amended to prevent the selling of counterfeit fertilizers and pesticides. The reorganization of the Punjab Agricultural Research Board and Punjab Seed Corporation was reviewed at the meeting. It decided to induct 500 agricultural graduates and provide the Agriculture Extension Wing with contemporary technologies.

Farmers will be given Modern Equipment under this scheme

The gathering was informed that 24800 contemporary pieces of equipment, valued at Rs 7 billion, would be provided to farmers in two years. Senior Punjab Minister Maryam Aurangzeb, Punjab Agriculture Minister Syed Ashiq Hussain Kirmani, and other officials attended the meeting.

Key PointsDetails
Loan Amount for Small FarmersLoans worth 150B annually for 500K small farmers
Loan for Agricultural InputsRs 30K per acre for inputs like insecticides and seeds
Subsidies and Model Agriculture CentersSubsidies; Model centers for training and tech

Conclusion

In conclusion, the Nawaz Sharif Kisan Card is a great step by the Government of Punjab under the leadership of Maryam Nawaz to help and support farmers. Now, the farmers can get loans to improve their crops and this step will overall help the agricultural sector of Pakistan, which is the backbone of Pakistan’s economy.

Also Read: How University Students Will Be Selected for Free Laptops and iPads in 2024 (Full Details)

FAQs

Who launched the Nawaz Sharif Kisan Card?

CM Punjab, Maryam Nawaz launched the Nawaz Sharif Kisan Card.

What is the purpose of the Nawaz Sharif Kisan Card?

It will provide small to big loans to farmers to improve their crops.

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