CM Maryam Launches Livestock Card Phase II
Farmers will receive Rs16.2 billion in interest-free loans, with Rs27,000 per animal, after the first phase recorded a 96% repayment rate.
CM Maryam Nawaz launches Livestock Card Phase II with Rs16.2bn in interest-free loans; Punjab’s meat exports rose by $96 million in a year.
Punjab Chief Minister Maryam Nawaz has launched the second phase of the Livestock Card scheme, under which farmers will receive interest-free loans worth Rs16.2 billion to support livestock-related activities. The first phase recorded a loan repayment rate of 96 per cent.
Key Features of Phase II
Farmers will be provided Rs27,000 per animal.
Farmers can withdraw 25 per cent of the loan amount in cash through ATMs.
Meat Exports
According to the briefing, agreements have been reached to export meat to Saudi Arabia, China, Azerbaijan and European markets, expanding opportunities for Punjab’s livestock sector. Punjab’s meat exports increased by $96 million over the course of one year.
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