The Punjab Livestock Card Scheme was begun by Punjab Chief Minister Maryam Nawaz and gives farmers Rs 2.5 lakh in interest-free loans for animal feed. The aim of it is for better livestock health and the agricultural industry.
Chief Minister Maryam Nawaz approved the Punjab Livestock Card Scheme, a first in Pakistani history, which aims at improving animal feed by supplying farmers access to interest-free loans. The offer, which would help 40,000 producers in the initial phase, includes an interest-free credit of Rs 2.5 lakh for feed for livestock. The repayment period is 90 days, and the requirements include the right to citizenship, continuous residence in Punjab, a valid CNIC, and BISP a member. The plan indicates to assist livestock producers achieve economic autonomy.
| Scheme Name: | Punjab Livestock Card Scheme 2024 |
| Beneficiaries: | 40,000 farmers in Phase 1 |
| Loan Amount: | Rs 2.5 lakh interest-free for animal feed |
| Repayment Period: | 90 days |
| Eligibility: | Pakistani nationals or Punjab residents with valid CNIC and BISP enrollment |
Also Read: Breaking News: Who Can Get the 10500 Benazir Kafalat Payment?
Contents
40,000 Farmers for Phase 1 in the Livestock Card Scheme
The opening phase of the Punjab Livestock Card Initiative would help 40,000 farmers. As the online application method begins, both men and women can apply for this sort of security. The campaign is gender-neutral, allowing any competent farmers to participate. Growers who participate in this initiative will receive aid to manage their cattle correctly.
Loan of Rs 2.5 Lakh Will Be Granted to Farmers
The Punjab Livestock Card Scheme aims to offer loans to farmers who cannot afford dear animal feed. By offering a loan of Rs 2.5 lakh, the plan assists farmers in growing their animal firms. The loan will be due in convenient installments, making it easier for farmers. This initiative seeks to benefit the local economy by helping farmers.
Also Read: How to Get an Electric Motorcycle in Punjab 2024 (Complete Guide)
Loan Limit for the Punjab Livestock Card Scheme
The plan allows farmers to borrow up to Rs 2.5 lakh to buy vital products like as brush (animal feed), silage, and chemical mixes. Producers have 90 days to return their loans. The Punjab Animal Card Scheme also contains an “Animal Identify Traceability System,” that helps in the effective care of animals. Farmers will benefit from free livestock tagging, fertilization, and feed inspection.
Who is Eligible for the Punjab Livestock Card Program?
You should have a valid CNIC card. Having a part of the Benazir Income Support Programme (BISP) could help them qualify for an interest-free loan. This ensures that the program reaches individuals who truly want cash for their cattle.
Overall Details for the Punjab Livestock Card Scheme
Maryam Nawaz Sharif accepted the Punjab’s Livestock Card Scheme, which would offer 40,000 Punjabi farmers with a 90-day interest-free credit of Rs 2.5 lakh.
Conclusion
CM Maryam Nawaz initiated the Punjab Livestock Card Plan, a groundbreaking initiative. The scheme aims to increase livestock quality of feed while promoting farmers’ financial autonomy by providing interest-free loans. The initial stage will help 40,000 farmers, giving equal possibilities to men and women. This approach not only helps each farmer, but it also adds to Punjab’s general economic growth.
Also Read: New Registration For Electric Bikes Scheme for Students in Punjab 2024
FAQs
Which individuals would profit from the Punjab Livestock Card Scheme in 2024?
The objective is accessible to all preparing Punjab farmers, including men and women.
What will serve as the loan amount under the plan in 2024?
Harvesters can obtain an interest-free loan of Rs 2.5 lakh for buying animal feed.
What length of time will farmers have to pay back the loan in 2024?
The growing industry has 90 days to pay off the loan amount.
