Swabi: The federal government has decided to introduce a lucrative package for farmers in the upcoming budget for the fiscal year (FY2019-20), a news source reported.
National Assembly (NA) Speaker Asad Qaiser recently expressed his views on the matter. He was talking to reporters in Swabi on Sunday. He said that the initiative is meant for individuals genuinely associated with farming activities in the country.
He added that the incumbent government wants to facilitate farmers in a bid to develop the agriculture sector. He stated that the government would also announce schemes for the country’s youth.
The Punjab government recently introduced an agricultural credit scheme for small farmers who own up to 50 acres of arable land under the National Rural Support Programme (NRSP).
The Agriculture Department will provide interest-free loans to farmers owning 25 acres of arable land. Similarly, farmers owning up to 50 acres of land will be issued loans at low mark-up rates.
