PM Shehbaz Sharif Kissan Package 2023 has been announced .you can check all details regarding these kissan package for formers of Pakistan .The kissan who want to apply for this package they can apply online for this package through this page .Prime Minister PM Shehbaz Sharif announced subsidized loans worth 1800 billion rupees on 1 Nov 2023 .Also in this package 5 years old Tractors can be imported at half duty Rates .3 Lacs Tube Wells will be shifted to a solar Power System .
PM Shehbaz Sharif Kissan Package 2023
Up to 2500 rupees per packet reduce DAP Fertilizer price. Twelve lacs packets of seeds are distributed to flood-proof farmers. For farmers, electricity will be available at a fixed fee of 13.3 Rupees per unit. Farmers will receive loans of 18 billion rupees from the Federal Govt of Pakistan in Kisan Package 2023. The interest on flood-proof farmers is paid, and they will receive 10 billion in loans.
Shehbaz Sharif Kissan Package 2023 Total Worth
The Centre and the smaller provinces will also offer more than $8 billion to small-scale farmers in areas affected by flooding. He added that the government would also give loans worth 50 billion to young people who live in rural areas and are looking to develop into professional farmers. He stated that loans for young farmers would be offered at a rate lower than market rates and that the government would put aside around Rs6.5 billion to fund this project.
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PM Kissan Package Main Points
The prime minister has announced interest-free loans to tenant farmers in areas affected by floods. “Subsidy worth Rs5 billion have been allocated for these loans,” PM Shehbaz maintained. In addition, the government has increased the Produce Index Unit (PIU) amount from Rs4,000 to a maximum of Rs10,000 to obtain loans for agricultural purposes. He stated that the loans would encourage small and medium-sized companies (SMEs) within the farm sector as a total of Rs10 billion has been allocated to the SME’s modernisation program within the agriculture industry. Areas. “Subsidy worth Rs5 billion have been allocated for these loans,” PM Shehbaz said.
The premier blasted that local tractors made in Pakistan cannot be exported because of the ban; this has also raised the cost of tractors for ordinary farmers.”I, together with Dar and other authorities, tried to eliminate the monopoly on the tractor industry; however, the players immediately refused to work in a government-led manner,” Prime Minister Shehbaz said in a statement, adding that keeping this in mind, the government has decided to purchase second-hand tractors. In addition, the PM said the government, based on obligations and obligations, has agreed to import five years old used tractors (with appropriate certification) to aid farmers who can’t afford a locally manufactured tractor.
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Subsidy on Urea
The premier announced that, following intense negotiations with the government, the fertiliser plant had accepted a reduction of Rs2,500 per bag of Di-ammonium Phosphate (DAP), which means that the DAP bag will be priced at Rs11,250 on the market. He also revealed that the government plans to import 500 tons of urea, of which the first 200,000 tons are already arriving in Pakistan. He praised the industries minister and his team for negotiating the deal in a manner that helped the government save $100 per ton. Under the government-to-government contract, urea was initially available at $600 per ton, but because of the constant efforts of the authorities concerned, price was brought down to $500 per ton.