Punjab govt issues loans to 165,000 farmers

MULTAN: Punjab Agriculture Secretary Muhammad Mehmood said the Punjab government had issued interest-free loans to 165,000 farmers.

The loans were given under the package introduced by Chief Minister Shehbaz Sharif, he said in a statement issued on Sunday.

About interest-free loans, he said 165,000 farmers had obtained loans so far. For Rabi crops, Rs 25,000 per acre was given while for Khareef Crops, Rs 40,000 per acre was issued.

He said the Punjab government was taking effective measures to promote the agriculture sector.

Special focus was being placed on high-value crops, he said, adding that he had always tried to provide more benefits to the farming community.

The government was also extending subsidy on the promotion of the latest technology, he said.

He urged farmers to pay focus on the cotton crop for getting more benefits.



Must Read