Punjab Govt approves ‘Nawaz Sharif Kisan Card’ to disburse Rs150bn agri loans

CM Maryam Nawaz greenlights state-of-the-art center of excellence for research on cotton, wheat and rice 

Punjab government has approved the ‘Nawaz Sharif Kisan Card’ to disburse agricultural loans worth Rs 150 billion. 

A special meeting on agricultural reforms was chaired by Chief Minister Maryam Nawaz. The meeting reviewed proposals for legislation to prevent the use of agricultural land for residential purposes, and the restructuring of the Punjab Seed Corporation and Punjab Agricultural Research Board.

During the meeting, Chief Minister Nawaz approved the issuance of the ‘Nawaz Sharif Kisan Card’. She announced that 500,000 farmers would receive loans totaling Rs150 billion annually at favorable terms through the Kisan Card.

Farmers will obtain agricultural loans up to Rs30,000 per acre for purchasing high-quality seeds, fertilizers, and pesticides.

Establishment of Model Agri Centres

The Chief Minister stated that the government would provide various subsidies through the Nawaz Sharif Kisan Card and establish model agricultural centers in collaboration with the private sector throughout Punjab.

These centers will offer modern agricultural machinery, training, pesticides, seeds, and model plots.

In the initial phase, a model agricultural center will be established in each district, aiming to protect farmers from counterfeit fertilisers and medicines.

Crop Yield Data Compilation

The Chief Minister instructed the Agriculture Department to compile comprehensive data on the production and demand of each crop.

The meeting also sanctioned the creation of a state-of-the-art center of excellence for research and development in cotton, wheat, and rice.

The governance of this center of excellence will be overseen by a board, and it will be affiliated with regional universities.

Additionally, a research and development center will be built at Agriculture University Faisalabad, costing Rs2 billion, with assistance from China.

The Pak-China R&D Center will feature facilities for research on genomics, germplasm resources, speed breeding, and climate change.

Legislative amendments to the Agriculture Pesticides Act and the Fertilizers Control Act will be made to prevent the sale of counterfeit agricultural products.

Finally, it was resolved to modernize the agricultural extension wing with advanced technology, and 500 agriculture graduates will be hired.

7 COMMENTS

  1. Hi I am really disappointed with this news in one hand we saying we don’t have money , dollars pounds etc the parents who had their kids abroad for study they can not get dollars and pounds to pay their kids fee and she is giving Nawaz sharif’s kisan loan first of all this money belongs to Pakistan government not Nawaz sharif ? Secondly that name should be Pakistan or Pakistani kisan loan because it’s not marriyum or Nawaz personal money I am against any party who useing their party name or leader name on Pakistani public fund .
    I humbly request that this scheme not be pass at present time we are try to taking loan IMF and already try to curraption this money name of kisan loan that should be cancelled because this momey going politicians pocket and who ever apply for it these bank ppls take bribe from them and then pass loan so this going to curraption pockets not real farmers so time been this scheme cancelled we all Pakistani awam should be take this matter in court appeal against it . If they wants to do some thing better reduce the petrol prices , electricity and gas not try to waste money which not going to reach any real farmers only their pockets. We all have to say big NO
    No NO NO.
    Thanks
    Tariq N Butt

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  3. first of all this is not Mariam father’s money, her father is a great cheater who secured more than the listed votes in his constituency, this is on record and will haunt the candidates forever, these politicians don’t have the courage to accept their defeat shame on election commission and shame on ns

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