Nawaz Sharif announces one hundred billion rupees exhausted for the land acquisition of Diamer Basha Dam.
Prime Minister Nawaz Sharif announces one hundred billion rupees exhausted for the land acquisition of Diamer Basha Dam.
Prime Minister Nawaz Sharif has announced a big relief package of about 341 billion rupees for the farmers.
Unveiling the package at Kisan convention in Islamabad , he said the package envisages direct cash assistance to the farmers, relief in prices of agriculture inputs, provision of agriculture loans and simplifying the procedure of loans.
Nawaz Sharif announced that forty billion rupees will be spent for payment of cash grants to small growers of rice and cotton affected by slump in prices of commodities.
He said the government has decided to give cash assistance of five thousand rupees per acre to the farmers having land of 12.5 acre.
The Prime Minister said a fund of twenty billion rupees is being set up to provide fertilizers to the growers at low rate.
He said twenty five billion rupees have been allocated to provide Urea to the farmers at reduced rates and directed the provincial governments to ensure implementation of old rate of Urea from next month.
The Prime Minister said keeping in view the problems of farmers, it has been decided that the government will pay premium for crop insurance scheme.
He announced that interest free loans will be provided to the farmers for installation of solar tube wells or converting existing ones to the solar. He also announced power tariff concessions for the tube wells.
Nawaz Sharif said duties on imported agriculture machinery have been reduced from forty three percent to nine percent for three years.
He said thirty billion rupees will be given as loan to three hundred thousand small farmers without any collateral guarantee.
Nawaz Sharif said over one hundred billion rupees have been spent for the land acquisition of Diamer Basha Dam.
He urged the farmers to adopt progressive farming to increase agricultural productivity and their income.
In his welcome address, Minister for National Food Security Sikandar Hayat Bosan said it is the priority of the government to decrease prices of agriculture inputs and ensure well being of the growers. (PBC)