Provincial Minister for Cooperative, Malik Muhammad Iqbal Channar said that Rs. 100 billion interest-free agriculture loans under the Punjab Chief Minister Kisan Package would extend massive economic relief to the small farmers.
He made these remarks while speaking as chief guest at a seminar regarding Kisan Package jointly organised by Bahawalpur’s Directorate of Public Relations and All Pakistan Newspapers Society (APNS) held at Islamia University.
The seminar was attended by MPA Fouzia Ayub Qureshi, Bahawalpur Waste Management Company Chairman Samiullah Chaudhry, newly elected Bahawalpur’s Mayor Aqeel Najam Hashmi, Bahawalpur’s Public Relations Director Rana Ajaz Mahmood, agriculture EDO Tanveer Ahmad, media representatives and others.
“Kisan Package is an interest-free agriculture loan project based on e-credit system which would deliver agriculture loan to the peasants through Android cell phones by the mobilising state of the art Information technology”, the provincial minister noted.
He said that Punjab has the distinction of being the ‘food basket’ for the whole country and this revolutionary Package is a positive and constructive intervention to boost the agriculture production.
Meanwhile, Samiullah Chaudhry said that the basic aim of the Package is to extend maximum economic relief to the farmers having agriculture lands less than 12.5 acres.
However, he urged that it is imperative to accelerate the pace of scientific research which is vital to meet the current socio-economic challenges in the global food market.
Moreover, Aqeel Najam Hashmi said that interest-free agricultural loan is an unprecedented policy initiative of the PML-N leadership which would boost our agriculture sector.
MPA Fouzia Ayub Qureshi said that the chief minister Punjab attaches special significance to provide maximum socio-economic facilities to the peasants’ community which is practically reflected in his Rs. 100 billion interest-free Kisan Package.