Rs4.5bn livestock card launched for cattle breeders: minister

Rs4.5bn livestock card launched for cattle breeders: minister

Business

ZTB president meets governor

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LAHORE (APP) - Zarai Taraqiati Bank (ZTB) President Tahir Yaqoob Bhatti on Sunday met Punjab Agriculture Minister Syed Ashiq Hussain Kirmani.

During the meeting, micro-financing for farmers and facility of financial and technical affairs came under discussion.

The minister said that under the dynamic leadership of Punjab Chief Minister Maryam Nawaz practical steps were being taken for development and prosperity of farmers.

He said Kisan card programme had been started for small farmers under which farmers would be provided hefty amount of Rs 150 billion without interest. Under green tractor scheme a subsidy of Rs 1 million was also being provided to farmers.

Syed Ashiq Hussain Kirmani said that the Punjab government had launched livestock card with an amount of Rs 4.5 billion to strengthen livestock sector.

He said that 80,000 cattle breeders would benefit from the livestock card.

Tahir Bhatti said that the bank was providing loan on easy terms and less profit rate to small farmers.

He further said that the bank was working with academia and agriculture research institutes adding that this would help in achieving goals related to self reliance in agriculture.

The minister assured to take all possible steps related to payment recovery.