Tue. Jul 16th, 2024
Punjab Government Launches Kisan Credit Card, What is the Purpose of the Kisan Card

Punjab Chief Minister Maryam Nawaz introduced the Kisan Card to assist the underprivileged and give farmers financial advantages. This Kisan Card has given the farmers optimism because it allows them to apply for subsidies, which will benefit all farmers in Punjab. They can receive a 50% discount on various agricultural tools and fertilizer sprays. Our article below has all the information about the Maryam Nawaz Kisan Card Scheme, including how farmers can benefit from it. You will be able to discover all there is to know about the Kisan Kisan Card by reading this.

Overview of the Kisan Card

Maryam Nawaz Sharif, the chief minister of Punjab, has agreed to start implementing the Kisan Card on April 2, 2024, throughout the province. The primary goal of the Kisan Card is to give Punjabi farmers financial stability so they can expand their farming operations. With the use of a Kisan Card, farmers will receive a discount while buying fertilizer and other agricultural tools. In addition, the Kisan Cards program will eliminate the loans for farmers participating in it; however, farmers with significant debt loads will be required to repay half of their loans. Thus, farmers should sign up for the Kisan Card Scheme as soon as possible to take advantage of all the benefits.

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Features of the Kisan Card

You may read more about the key improvements that the Punjabi government has added to the Kisan Card, including how it will help landlords and farmers.

  • All farmers and growers would receive financial help via the Maryam Nawaz Kisan Card.
  • The government would give Kisan Card holders targeted subsidies and social security.
  • Farmers with Kisan cards would receive a 20 percent discount from Punjab on inputs and fertilizers.
  • Farmers with Kisan Cards would be eligible for loans up to 20 lakhs from the Bank of Punjab. There will be no interest charged on this agricultural loan.
  • The Kisan Card Scheme will furnish a loan of 469 billion rupees to every farmer participating in the program. 

Financial AssistanceAll farmers and growers will receive financial aid through the Maryam Nawaz Kisan Card.
Targeted Subsidies and Social SecurityKisan Card holders will receive targeted subsidies and social security benefits from the government.
Discount on Inputs and FertilizersFarmers with Kisan cards will receive a 20% discount on inputs and fertilizers from the Punjab government.

Goals of the Kisan Card

The following are the program’s stated goals:

  • To effectively and transparently give farmers subsidies
  • To boost output or productivity
  • To augment the farmer’s earnings 

Also Read: Breaking News: Last Date to Apply for Punjab Government’s Bike Scheme 2024


What is the aim of the Kisan Card?

The Kisan Card aims to boost output or productivity.

Who will get help from the Kisan Card?

All farmers and growers would receive financial help via the Maryam Nawaz Kisan Card.

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