Punjab Livestock Card Scheme Launched – Benefits and How to Apply
A ground-breaking program for livestock producers has been announced by the Punjab government, led by Chief Minister Maryam Nawaz Sharif. The Punjab Livestock Card Scheme seeks to assist farmers in improving the productivity and well-being of their livestock by offering interest-free loans. This ground-breaking initiative promotes sustainable farming methods while addressing the financial difficulties small-scale farmers confront. Here is all the information you require regarding the program, including its advantages and the application procedure.
Overview of the Punjab Livestock Card Scheme
The Livestock Card Scheme provides interest-free loans to farmers in an effort to empower them. The program stresses sustainable farming practices and offers farmers urgent cash help, with an initial allocation of PKR 11 billion. Since its official inception in November 2024, the program has actively raised awareness in regions around Punjab, including Rawalpindi.
Key Features of the Scheme
Interest-free loans: PKR 135,000 to PKR 270,000 are available to farmers.
Support for the Health of Livestock: Loans are intended to be used to buy premium feed and supplements.
Reachable Registration: For convenience, applications are handled by veterinary clinics and an SMS gateway.
Key Benefits of the Livestock Card Scheme
1. Financial Assistance Without Interest
For a maximum of ten animals, farmers are eligible to get loans of up to PKR 27,000 per animal. The following necessities can be bought with these funds:
wholesome feed, such as wanda and silage.
supplements containing minerals to improve the productivity and health of livestock.
2. Monthly Loan Disbursement
Loan amounts are distributed monthly on a first-come, first-served basis through the Bank of Punjab, ensuring farmers have timely access to funds for effective livestock management.
3. Government-Covered Costs
The Punjab Government absorbs all interest charges, allowing farmers to benefit from the loans without any additional financial burdens.
Eligibility Criteria for the Livestock Card Scheme
Farmers must fulfill the following requirements in order to apply for the program:
Residents of Punjab are required to apply.
Farmers are required to own five to ten calves.
Candidates must possess both a current SIM card that is registered in their name and a valid CNIC.
Clear Credit History: Candidates must pass NADRA and NACTA verification checks and not have defaulted on any prior loans.
Verification Procedure: To guarantee openness and precise funding distribution, every application is put through a rigorous verification procedure.
Since loans are given out on a first-come, first-served basis, early registration is essential.
Loan Duration and Repayment Terms
The five-month borrowing period is broken down as follows:
Four Months: During this time, farmers use the loan to buy animal feed and supplements.
One Month: Repayment of the loan takes place during the last month.
The maximum loan amount for each animal is PKR 27,000, and the government pays all interest, so there is no stress associated with repayment.
How to Apply for the Livestock Card Scheme
Farmers can simply apply for the program by completing these steps:
1. Registration of Veterinary Hospitals
Go to the veterinary clinic that is closest to you; there are desks there to help with the application procedure.
2. Registration by SMS
For simple registration, send an SMS to 8070 using the format PLC [space] CNIC number.
3. Send in your loan application
Following a successful registration, finish your application by submitting the necessary paperwork at the designated Bank of Punjab locations.
Government’s Vision for Agricultural Growth
A key element of Chief Minister Maryam Nawaz Sharif’s plan to advance sustainable agriculture and enhance rural livelihoods is the Livestock Card Scheme. Prior programs, such as the Green Tractor Scheme, have effectively provided subsidies for necessary farming equipment to thousands of farmers. The goal of this program is to boost Punjab’s agricultural foundation and give farmers more financial power by tackling the growing expenses of feeding and caring for cattle.
Why This Scheme Matters
Punjab’s economy greatly benefits from livestock husbandry, although small-scale farmers frequently face the following challenges:
restricted availability of reasonably priced financing.
high expenses for feeding and caring for livestock.
insufficient resources to sustain the production and well-being of animals.
By giving farmers financial assistance and necessary equipment, the Livestock Card Scheme directly addresses these issues and helps them become more resilient and productive.
Conclusion
An innovative program that exemplifies the government’s dedication to bolstering rural areas and promoting agricultural development is the Punjab Livestock Card Scheme. The program makes sure small-scale farmers have the tools they need to be successful by providing interest-free loans and expediting the application process. In order to fully benefit from the program and ensure a better future for their family and means of subsistence, farmers are urged to register as soon as possible.