CM Punjab Maryam Nawaz Livestock Card Scheme
In a major step toward agricultural and livestock development, the Punjab government, under the leadership of Chief Minister Maryam Nawaz Sharif, has introduced the “Punjab Livestock Card Scheme.” This initiative is aimed at uplifting farmers and promoting sustainable livestock production in the region.
Punjab Livestock Card Scheme: Loan Terms and Benefits
The Punjab Livestock Card Scheme provides farmers with interest-free loans to boost livestock production and improve farm operations. Here are the details about the loan structure and benefits for farmers under this plan:
Loan Details and Terms:
Interest-Free Loans:
Farmers can obtain interest-free loans ranging from 135,000 PKR to 270,000 PKR.
These loans are designed to support specific farming activities, such as purchasing silage (fermented feed) and wanda (livestock feed).
Loan Repayment Duration:
The interest-free loan has a repayment period of 4 months.
Farmers must repay the loan within this duration to continue benefiting from the scheme.
Requalification for Loans:
If the farmer repays the loan within 1 month, they become eligible to apply for another loan under the scheme, allowing for continuous financial support.
Program Reach:
The Punjab Livestock Card Scheme is expected to benefit approximately 80,000 people across the province. This widespread impact ensures that a significant number of farmers can access essential financial support to grow their livestock businesses.
Purpose of the Loan
The loan amount is intended to be used primarily for:
Silage: High-quality fermented feed to maintain the health and productivity of livestock, especially during seasons with limited grazing.
Wanda: Nutritionally rich livestock feed that supports growth, milk production, and overall animal health.
By focusing on the purchase of these crucial inputs, the scheme helps farmers maintain their livestock at optimal levels of production, which directly impacts their income and the livestock sector of Punjab.
The Punjab Livestock Card Scheme offers a sustainable and farmer-friendly approach to livestock farming. With interest-free loans of up to 270,000 PKR, a flexible repayment period of 4 months, and requalification benefits for early repayment, the scheme ensures that farmers can continue to improve their operations. By targeting feed and health needs, this initiative empowers farmers to grow their businesses, benefiting a total of 80,000 participants.
Eligibility Criteria for Punjab Livestock Card Scheme
The Punjab Livestock Card Scheme offers significant financial and veterinary support to livestock farmers, but it is essential to meet specific eligibility criteria to apply. Here’s a detailed breakdown of the qualifications:
Eligibility Requirements:
Punjab Residency: The applicant must be a resident of Punjab to qualify for the Livestock Card Scheme. Proof of residency is mandatory during the application process.
Valid CNIC: A valid Computerized National Identity Card (CNIC) is required. This ensures that the applicant is legally recognized and fulfills all identification requirements set by the government.
Registered Mobile SIM: The applicant must have an active mobile SIM that is registered in their name. This ensures secure communication and verification for loan-related updates and transactions.
Minimum Livestock Requirement: Applicants must have at least 10 young livestock on their farm to qualify. This criterion highlights the scheme’s focus on supporting substantial livestock farming operations.
How These Requirements Benefit the Scheme
By ensuring that only legitimate farmers with active farming operations apply, the scheme remains focused on individuals who can benefit most from these financial incentives. The registered mobile SIM allows easy communication, while the requirement of 10 young livestock ensures that the funds are used to grow genuine farming businesses.
24/7 Support Available
Farmers can obtain further information or resolve any queries related to the Livestock Card scheme by contacting the 24/7 helpline at 08000-9211. Additionally, they can visit the official website for more information: livestock.punjab.gov.pk.
Conclusion
The Punjab Livestock Card is a groundbreaking initiative by the Punjab government to support the livestock sector. By providing interest-free loans, promoting sustainable livestock production, and ensuring financial access for farmers, the scheme aims to strengthen the agricultural foundation of the province and improve the economic well-being of rural communities.