CM Punjab Maryam Nawaz Launched Livestock Card Scheme For Farmers
The Punjab Livestock Card Scheme, introduced by Punjab Chief Minister Maryam Nawaz, provides interest-free loans of Rs 2.5 lakh to farmers for purchasing animal feed. This pioneering initiative aims to enhance livestock health and bolster the agricultural sector.
Chief Minister Maryam Nawaz approved the Punjab Livestock Card Scheme, marking a historic first in Pakistan, to improve livestock nutrition by granting farmers access to interest-free loans. Initially benefiting 40,000 farmers, the scheme offers a credit of Rs 2.5 lakh for purchasing animal feed with a repayment period of 90 days. Eligibility criteria include Pakistani citizenship, continuous residence in Punjab, a valid CNIC, and enrollment in BISP, aimed at fostering economic independence among livestock producers.
Scheme Overview:
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
Key Details:
The initial phase of the Punjab Livestock Card Scheme will support 40,000 farmers, facilitating online applications open to both men and women. This inclusive approach ensures equal opportunities for all eligible farmers to benefit from improved livestock management practices.
The scheme provides a loan of Rs 2.5 lakh to farmers who struggle with the costs of animal feed, aiding in the growth of their livestock enterprises. The loan is repayable in convenient installments, easing financial burdens on farmers and contributing to local economic development.
Farmers can borrow up to Rs 2.5 lakh under the Punjab Livestock Card Scheme to purchase essential supplies such as fodder, silage, and nutritional supplements. The repayment period of 90 days allows for flexible management of loan repayments. Additionally, the scheme incorporates an “Animal Identify Traceability System” to ensure effective animal care through free livestock tagging, vaccination, and feed quality inspections.
Conclusion:
CM Maryam Nawaz’s initiative with the Punjab Livestock Card Scheme aims to elevate livestock feed quality while empowering farmers financially through interest-free loans. By initially supporting 40,000 farmers and ensuring gender-neutral participation, the scheme not only benefits individual farmers but also contributes to Punjab’s overall economic growth.
READ MORE: Method To Get E-Bike From CM Punjab Maryam Nawaz
CM Punjab Maryam Nawaz Launched Livestock Card Scheme For Farmers
ALSO READ: Punjab Rozgar Scheme Apply Online
FAQs:
Who can benefit from the Punjab Livestock Card Scheme in 2024? The scheme is accessible to all eligible farmers in Punjab, including both men and women.
What is the loan amount available under the scheme in 2024? Farmers can avail an interest-free loan of Rs 2.5 lakh for purchasing animal feed.
How long do farmers have to repay the loan in 2024? Farmers have 90 days to repay the loan amount, supporting sustainable growth in the agricultural sector.
