Govt Decides To Expand E-credit Scheme

Punjab government has decided to expand e-credit scheme circle in better interest of growers.

MULTAN, (UrduPoint / Pakistan Point News - 1st Dec, 2018 ) :Punjab government has decided to expand e-credit scheme circle in better interest of growers.

According to agriculture department spokesman, in first phase of the scheme, interest free loans have been provided to more than 3,00,000 growers.

He further informed that Rs. 25,000 per acre interest-free agriculture loan was being offered to growers of rabbi crops which now the provincial government has decided to raise it to Rs. 30,000 per acre.

He said that growers could get loan from National bank of Pakistan, Akhuwat (interest-free microfinance program), national rural support program, Telenor Bank and Agriculture development bank under this scheme.

He said that this program played effective role in prosperity of growers and loans were being provided in a transparent manner.

He added that growers could get free of cost registration at Tehsil land record centre along with land record.

The Spokesman said growers could contact on agriculture helpline numbers 0800-15000 and 0800-29000 about any information or registration.

He said information was also being provided through smart phones given by Punjab government and added that they were also providing guidance to growers about latest production technology for rabbi crops so that they could get maximum protection.