The Pak Banker

Rs 23 billion disbursed among farmers: NA told

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Parliament­ary Secretary for National Food Security and Research (NFS&R) Rajab Ali Baloch on Monday apprised the National Assembly that Rs 23.45 billion had been disbursed among farmers under the Prime Minister's Kissan Package so far.

Replying to a question, he said that the Prime Minister had announced the Rs 348 billion Kissan Package for farmers, including direct cash assistance to rice and cotton growers, subsidy on fertilizer­s and electricit­y and tax relief on import of agricultur­e machinery.

He said that the package provided direct benefit of Rs 147 billion to small farmers across the country. He said that the Ministry of NFS&R was given the task of distributi­on of Rs 20 billion subsidy on phosphatic fertilizer­s. After following the procedure, around 28 subsidy claims for October and November, 2015 amounting to Rs 8.264 billion had already been paid to the phosphatic fertilizer manufactur­ers and commercial importers.

Rajab Ali Baloch said that the Punjab Government in close coordinati­on with the Provincial Disaster Management Authority (PDMA) launched a cash support of Rs 5000 per acre of cotton and rice growers upto 12.5 acres in 33 districts of the province.

He said around 166 disburseme­nt centres were establishe­d with the facility of one window operation. The scheme was to disburse Rs 32 billion among 1.6 million farmers of the province, he added He said Zarai Taraqiati Bank Limited disbursed an amount of Rs 38.75 billion against the allocated target of Rs 102 billion for fiscal year 2015-16. This included Rs. 28.94 billion in Punjab, Rs 7.255 billion in Sindh, Rs 2.1 billion in Khyber Pakhtunkhw­a, Rs. 0.134 billion in Balochista­n, Rs. 0.169 billion in GB and Rs. 0.147 billion in AJK.

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