Rs525m distributed among 7,051 farmers under Kissan Package

Interest-free loans of Rs80b to be provided


Our Correspondent July 30, 2017
PHOTO: REUTERS

FAISALABAD: The interest-free agriculture loans worth Rs525.18 million have been distributed among 7,051 small farmers of the district so far under the Kissan Package.

It was announced in a meeting held on Saturday under the chairmanship of Deputy Commissioner Salman Ghani. The participants of the meeting also reviewed the pace of implementation on package.

He said the registration of farmers under e-credit scheme is underway at the land record centre of the district under the Kissan Package launched by the Punjab government.

Director Agriculture Abdul Hameed briefed the meeting about the advancement of interest-free agriculture loans and registration of farmers under e-credit scheme.

600,000 farmers to benefit from Kissan Package: Shehbaz

Small farmers would be provided interest free loans of Rs80 billion throughout the province for which target have been set to register 25,000 farmers of the district, it was informed.

Under the Kissan Package, Rs40,000 and Rs25,000 per acre have been provided for the khareef and rabi crops respectively. A special advisory counter has also been set up at the land record centre to provide free e-pass book to the farmers along with facility of registration.

Salman asked the officers of Zari Taraqiati Bank, National Bank, Tameer Bank and Akhuwat Micro Finance to provide the entire data of advancement of loans and applications of farmers under process.

The meeting was informed that committees at tehsil level were working under the supervision of concerned assistant commissioner in order to check the canal water theft incidents.

Published in The Express Tribune, July 30th, 2017.

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