Punjab Green Tractor Scheme 2024 for Farmers: Eligibility and Application Details
Overview
Punjab Chief Minister Maryam Nawaz has launched the “CM Punjab Green Tractor Scheme” to support farmers across the province. This initiative is part of the government’s broader efforts to assist agricultural workers.
Approval and Meeting Details
The scheme was approved in a meeting led by Maryam Nawaz and PML-N President Nawaz Sharif. During this meeting, officials provided an extensive briefing on the Kissan Package. The meeting also saw the approval of other projects aimed at benefiting Punjab’s farmers, including the creation of a Kisan bank to offer easy loans to farmers.
Subsidy on Tractors
In the meeting, the chief minister decided against a flat subsidy of Rs600,000 per tractor. Instead, she directed that the government should provide a 70% subsidy on small tractors and a 50% subsidy on large tractors.
Number of Tractors to Be Distributed
Under the Punjab Green Tractor Scheme 2024, the government plans to distribute 10,000 tractors. The chief minister has mandated that the first phase of the tractor distribution be completed within one year.
Eligibility for the Green Tractor Scheme
Farmers who own between six and fifty acres of land are eligible to apply for the Green Tractor Scheme.
Application Details for Subsidized Tractors
The government has yet to release specific details on how to apply for the subsidized tractors. Information will be provided as soon as it becomes available.