LAHORE: Chief Minister Maryam Nawaz on Wednesday launched the fourth phase of the Green Tractor Scheme through a digital balloting process and opened the application portal for its fifth phase, as the provincial government announced plans to provide 19,500 tractors to farmers during the current fiscal year.
The chief minister pressed a button to conduct the digital balloting, with the first tractor under Phase IV going to Masood Khan, son of Lal Khan, from Attock.
According to a briefing, 10,000 tractors with 50 to 65 horsepower will be provided under Phase IV, with the Punjab government offering a subsidy of Rs750,000 per tractor. Under Phase V, 9,500 high-powered tractors ranging from 75 to 125 horsepower will be offered with a subsidy of Rs1 million each.
The government has allocated Rs17.6 billion for the scheme, while 24,000 tractors have already been provided to farmers under the programme, with a subsidy of Rs1 million per tractor, it was announced during the briefing. — Staff Reporter