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Launches CM Livestock Card
The launch of Pakistan’s first livestock card under the leadership of Punjab Chief Minister Maryam Nawaz is a revolutionary step, which will prove to be important for the prosperity of farmers and ranchers. Through this card, farmers will be provided with an interest-free loan of up to Rs 27,000 per animal, which will be available for a period of four months. The aim of this project is to strengthen the agriculture and livestock sector and reduce the financial difficulties of farmers.
So far, 91,907 animals have been registered under the livestock card, while 117,000 farmers have applied online, out of which 13,000 farmers have been declared eligible. Explaining the facilities provided through this card, the Chief Minister said that this initiative will enable farmers to meet the nutritional needs of animals including hay, silage and mineral mixture, which will improve the quality of livestock.
With the participation of the Bank of Punjab, the process of providing loans to farmers has been made transparent and easy. A loan of up to Rs 135,000 will be provided for five animals, while up to Rs 270,000 for ten animals. Through this program, an amount of Rs 11 billion will be provided to farmers in two years, which guarantees a bright future for the development of the agriculture and livestock sector.
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Eligibility Criteria for the Chief Minister Livestock Card
To qualify for the Chief Minister Livestock Card, farmers must meet the following requirements:
- Residency: Applicants must be permanent residents of Punjab.
- Registration: Farmers need to register themselves and their livestock through the designated online portal.
- Ownership: Applicants must own livestock that require financial support for feed, healthcare, or nutrition.
- Verification: Only verified applications submitted through the online portal are eligible for approval.
As of now, 13,000 farmers have been declared eligible, and 91,907 animals have been registered under this program.
Benefits of the Chief Minister Livestock Card
The Livestock Card offers numerous benefits to support farmers in Punjab:
- Interest-Free Loans: Farmers receive loans of Rs. 27,000 per animal for up to four months to meet the nutritional and healthcare needs of livestock.
- Financial Support: Loans can be extended up to Rs. 135,000 for five animals and Rs. 270,000 for ten animals.
- Improved Livestock Care: Farmers can purchase essential supplies such as animal feed, silage, hay, and mineral mixtures from 967 registered dealers.
- Expanded Opportunities: Four lakh cattle will be included in the Feed Lot Program over two years, enhancing livestock productivity.
- Ease of Access: The Bank of Punjab will issue Livestock Cards to eligible farmers, ensuring smooth disbursement of loans.
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Latest Updates on the Chief Minister Livestock Card Program
The Punjab government has made significant progress with the Chief Minister Livestock Card Program. Recently, Rs. 4.4 billion has been allocated for the initiative, with plans to disburse Rs. 11 billion 15 thousand in interest-free loans over the next two years. So far, 1,17,000 farmers have applied through the online registration portal, with 13,000 applicants declared eligible. Additionally, 91,907 animals have been successfully registered.
To support farmers, 967 dealers have been enlisted to provide essential livestock feed, including silage, hay, and mineral mixtures. The Bank of Punjab will issue Livestock Cards to eligible farmers, ensuring smooth access to loans. The program aims to bring 40,000 to 80,000 farmers on board, with further plans to expand support and infrastructure in the coming months.
Empowering Farmers Through the Livestock Card
The Chief Minister Livestock Card is a major step towards revolutionizing the lives of farmers in Punjab. Farmers will receive interest-free loans of Rs. 27,000 per animal for up to four months. This financial support is designed to help farmers meet the nutritional and healthcare needs of their livestock, ensuring better productivity. Speaking at the event, Provincial Minister for Livestock and Dairy Development Ashiq Hussain highlighted that this initiative fulfills long-standing dreams of Punjab’s farmers.
To support the program, the Chief Minister has allocated Rs. 4.4 billion, with a plan to extend financial aid worth Rs. 11 billion 15 thousand to farmers over the next two years. The Livestock Card program will also incorporate four lakh cattle under the Feed Lot Program, enhancing the quality and quantity of livestock produce in the region.
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Registration and Implementation
An online portal was launched to streamline the registration process for the Livestock Card. As of now, 1,17,000 farmers have applied, out of which 13,000 have been declared eligible. Additionally, the registration of 91,907 animals has been completed, and 967 dealers have been onboarded to provide essential supplies, including animal feed, silage, hay, and mineral mixtures.
The Bank of Punjab will issue Livestock Cards to 40,000 to 80,000 farmers, offering loans tailored to their livestock needs. For instance:
- Rs. 135,000 for five animals
- Rs. 270,000 for ten animals
A Visionary Initiative for Punjab’s Farmers
Chief Minister Maryam Nawaz emphasized her government’s commitment to improving agriculture and livestock sectors, recognizing their critical role in Punjab’s economy. By facilitating access to interest-free loans and modernizing livestock management, the Livestock Card aims to improve rural livelihoods and ensure food security for the region.
Farmers expressed their gratitude, with many praising the government’s efforts to prioritize their needs and introduce innovative solutions like the Livestock Card. This program is expected to uplift the livestock sector and set a precedent for other provinces to follow.
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Conclusion
The Livestock Card is a transformative initiative aimed at boosting Punjab’s agriculture and livestock sectors. By providing financial support and modern resources to farmers, the government seeks to promote sustainability and enhance the productivity of livestock farming. The enthusiasm of farmers at the event highlighted their optimism for this program’s success in improving their lives.
FAQs
What is the Chief Minister Livestock Card?
The Livestock Card is a government initiative that provides interest-free loans to farmers for managing the nutritional and healthcare needs of their livestock.
How much loan can a farmer receive through the Livestock Card?
Farmers can receive Rs. 27,000 per animal for up to four months. For five animals, the loan amount is Rs. 135,000, and for ten animals, it is Rs. 270,000.
Who is eligible for the Livestock Card?
Farmers who registered through the online portal and meet the eligibility criteria can receive the Livestock Card. So far, 13,000 farmers have been declared eligible.
What is the Feed Lot Program?
The Feed Lot Program aims to include four lakh cattle over two years to improve livestock productivity and quality.
How can I register for the Livestock Card?
Farmers can apply through the designated online portal. Once registered, their applications will be reviewed for eligibility, and successful applicants will receive their Livestock Cards through the Bank of Punjab.