LAHORE: Chief Minister Punjab Maryam Nawaz Sharif on Wednesday unveiled a comprehensive package aimed at bolstering the agricultural sector, with initiatives including the creation of the province’s first ‘Apna Kisan Bank’ and subsidised loans totaling Rs17 billion.

According to Directorate General Public Relation – Govt of Punjab, the chief minister’s announcement was made during a meeting with representatives from Punjab’s farming community, in which she dedicated her birthday to the farmers. The measures include zero-interest loans up to Rs10 million, as well as low-interest loans up to Rs50 million. Additionally, the Kisan Card scheme will see an increase in its loan limit for DAP fertilizer purchases.

The chief minister emphasized the importance of protecting farmers’ interests, noting the government’s decision against imposing an agricultural income tax. The initiatives also include the provision of 25,000 subsidized tractors and the development of agro-parks in four districts. Efforts to enhance water management and prevent resource wastage were also highlighted, including the construction of mini-dams and the lining of watercourses.

Further, the government intends to expand the Kisan Card scheme to lessee farmers and improve agricultural services, aiming to fortify the province’s role as a key contributor to Pakistan’s food supply.