Govt offers Rs1.73bn subsidy on sugarcane machinery

News Image

MG News | January 11, 2022 at 10:38 PM GMT+05:00

Jan 11, 2022: Under PM's Agriculture Emergency Programme, Rs1.73 billion has been earmarked to provide subsidy on agriculture machinery to promote per acre production of sugarcane.

According to Agriculture Department sources, the government is offering 50% subsidy on different tools including chisel plough, sugarcane planter, sugarcane ridger, granular pesticides applicator some others. The sources added that the subsidy would be provided to farmers hailing from districts Sargodha, Bhakhar, Jhang, Chinot, Mandi Bahauddin, Muzaffargarh, Qasur, Layyah, Rajanpur, Bahawalpur, Rahim Yar Khan, Faisalabad, and Toba Tek Singh. The farmers could seek forms from office of assistant director concerned.

Similarly, the forms could be downloaded from www.agripunjab.gov.pk. The peasants could submit applications by January 28. After scrutnity of applications, the balloting draw would be held at office of Deputy Director Agriculture (Extension). The sources hoped that the scheme would help improve production by 200 maund per acre.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 179,874.30
318.91M
-0.29%
-518.68
ALLSHR 108,139.15
708.68M
-0.02%
-25.65
KSE30 53,699.87
163.62M
-0.41%
-221.55
KMI30 256,386.94
164.18M
-0.20%
-513.52
KMIALLSHR 70,034.42
463.37M
0.12%
84.98
BKTi 49,425.98
36.26M
-0.98%
-488.71
OGTi 36,658.99
13.03M
0.93%
336.07
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 65,555.00 66,160.00
65,475.00
-145.00
-0.22%
BRENT CRUDE 78.30 79.57
78.06
-0.66
-0.84%
RICHARDS BAY COAL MONTHLY 123.00 0.00
0.00
7.50
6.49%
ROTTERDAM COAL MONTHLY 125.50 125.50
125.00
-0.45
-0.36%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 74.66 76.06
74.46
-0.61
-0.81%
SUGAR #11 WORLD 14.29 14.35
14.04
0.10
0.70%

Chart of the Day


Latest News
June 17, 2026 at 12:11 PM GMT+05:00

SECP reviews CDC digital, cybersecurity upgrades


June 17, 2026 at 11:48 AM GMT+05:00

Oil slips below $80 on Iran supply hopes


June 17, 2026 at 11:26 AM GMT+05:00

Gold rises on peace deal optimism, Fed in focus


June 17, 2026 at 10:44 AM GMT+05:00

Fertilizer offtake decreases 4.5% YoY in May



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg