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Punjab

Mann's Green Initiative: SCB Offers Loan upto 80% subsidy on Crop Residue Management

October 06, 2024 02:22 PM
Mann&39;s Green Initiative: SCB Offers Loan upto 80% subsidy on Crop Residue Management

CM reiterates Government's commitment to crop residual management and prevention of stubble burning

Punjab Newsline, Chandigarh, October 6-

In consonance with the commitment of the Punjab government led by CM Bhagwant Mann to check the menace of paddy straw burning, the State Cooperative Banks across the State, have launched the Crop Residue Management loan scheme.

Speaking about the scheme, the CM said that the main aim is to make rural credit available easily for farmers to purchase machinery for proper crop Residue management in order to check the environmental pollution caused due to paddy straw burning. He said that the scheme has been introduced in SCB in Chandigarh and 802 branches of the District Cooperative banks. Mann said that the farmers can avail the benefits of this scheme through a simple and easy procedure.

The Chief Minister said that the Primary Agriculture Cooperative Societies(PACs) in villages and other progressive farmers can avail the benefits of this scheme. He said that the Primary Agriculture Cooperative Societies or other entities can avail benefit of 80% subsidy on purchase of agriculture equipments under the Common Hiring Centre(CHC) scheme. 

 

 
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