The Chief Minister of Punjab launched the Livestock Card registration 2024 program. The event took place at the Bank of Punjab’s Head Office in Lahore.
Punjab Livestock Secretary Saqib Ali Ateel and President of the Bank of Punjab, Zafar Masud, signed a memorandum of understanding to kick off the Livestock Card registration program. The event was attended by Provincial Minister for Livestock and Agriculture Syed Ashiq Hussain Kirmani, and Parliamentary Secretary for Livestock Sardar Asim Makeen.
This Livestock Card registration is a gift for the farmers. Chief Minister Maryam Nawaz Sharif aims to improve the lives of livestock farmers in Punjab. The Punjab Livestock Card registration 2024 program will help them grow and become more successful.
Happy farmers mean a happy Punjab. The Livestock Card registration is part of an 11-billion-rupee program that provides interest-free loans to livestock farmers. Over 80,000 livestock farmers will benefit from this initiative.
Scheme Details of Livestock Card Registration 2024
- Scheme Name: CM Punjab Livestock Card
- Total Cost: 4442.08 Million Rupees (4.44208 billion rupees)
- Gestation Period: 24 months
- Major Objectives:
- Support small and medium-scale farmers to meet their credit needs for feed supplements and reduce their financial burden through interest-free loans under the Livestock Card registration.
- Promote financial inclusion and access to credit for farmers, especially in rural areas, through the Punjab Livestock Card registration.
- Encourage better feeding practices to enhance productivity.
Eligibility Criteria for Punjab Livestock Card Registration
To qualify for the Livestock Card registration, farmers must:
| Eligibility Criteria | Details |
|---|---|
| SIM Registration | Mobile phone SIM must be active and registered in the applicant’s name. |
| Animal Ownership | Applicant must own at least 5-10 cows/calves. |
| Loan Coverage Limit | Loans are provided for up to 10 animals, even if the applicant owns more. |
| Clean Credit History | Verified by the Electronic Credit Information Bureau (no loan defaults). |
| Identity Verification | NADRA and NACTA will verify the applicant’s identity and character. |
| Cattle Verification | Verified by the Urban Unit Department to confirm the herd’s presence. |
| Livestock Department Registration | Applicant must be registered in the Livestock Department’s database (code 9211). |
| Selection Basis | Eligible applicants are selected on a first-come, first-served basis. |
How to Apply for Punjab Livestock Card Registration 2024
| How to Apply | Details |
|---|---|
| Application via SMS | Text your ID card number to 8070. |
| Online Application | Apply through the Punjab Information Technology Board’s application. |
| Loan Tenure | Total loan period is 150 days (5 months). |
| Usage Period | Loan usage is allowed for 120 days (4 months). |
| Repayment Period | Repayment of the loan must be completed in the last 30 days (1 month). |
| Interest-Free Loan | The Government of Punjab bears the interest cost. |
Beneficiaries of the Livestock Card Registration Scheme
| Year | Minimum Farmers Receiving Card | Maximum Farmers Receiving Card |
|---|---|---|
| Year 1 | 10,000 | 20,000 |
| Year 2 | 30,000 | 60,000 |
| Total Beneficiaries | 40,000 | 80,000 |
- Year 1: 10,000 to 20,000 farmers will receive the Livestock Card through the Livestock Card registration.
- Year 2: 30,000 to 60,000 farmers will receive the Livestock Card through the Livestock Card registration.
- Total Beneficiaries: 40,000 to 80,000 farmers.
Loan Details under Livestock Card Registration
| Description | Minimum Amount | Maximum Amount |
|---|---|---|
| Loan Amount | Rs. 135,000 | Rs. 270,000 |
| Per Farmer | Rs. 27,000 per animal, 5 animals | Rs. 27,000 per animal, 10 animals |
| Loan | Duration |
|---|---|
| Term | 4 months + 1 month for principal repayment |
- Loan Amount: Rs. 135,000 to Rs. 270,000 per farmer, based on the number of animals (Rs. 27,000 per animal, with an animal range of 5 to 10).
- Loan Duration: 4 months plus 1 month for repayment of the principal amount.
The Livestock Card registration will make it easier for farmers to get the support they need. The program will help them grow their livestock businesses without financial stress.
Farmers are at the heart of Punjab’s success, and this new Livestock Card registration initiative is here to help them thrive. It is an investment in the future of our farmers and our province.
