Punjab Government Allocates Rs379 Billion for Agriculture, Livestock, and Water Sectors in Next Fiscal Year
The Punjab government has allocated a total of Rs379 billion for the agriculture, livestock, and water sectors in the next fiscal year, with Rs123 billion allocated for development and Rs256 billion for non-development funds. Provincial Finance Minister Mian Mujtaba Shuja-ur-Rehman highlighted the importance of the agriculture sector, stating that it is the backbone of the economy and farmers' prosperity is crucial for economic development.
The government has initiated several projects to support farmers, including the Green Tractor Scheme, which has provided 9,500 farmers with tractors at affordable prices. The scheme has also proved beneficial in controlling environmental pollution. The Punjab Chief Minister is launching the High Power Tractor Programme with an allocation of Rs 10 billion. The Kisan Card and Solarization of Agricultural Tube Wells schemes, which were launched in FY 2024-25, will continue in the next financial year with allocations of Rs 63 billion and Rs 87 billion respectively.
The government has also launched initiatives to support the livestock sector, including the Herd Transformation Programme, which aims to increase livestock production, and the CM Punjab Livestock Card Scheme, which has provided loans to farmers. Additionally, the government has proposed various projects for the development of water resources, including the establishment of water reservoirs, water conservation, and water use efficiency, with an allocation of Rs 25 billion.
The Punjab government is also focusing on the citrus sector, with a program aimed at increasing Kinnow production and enhancing its export internationally. The government is launching the CM's Punjab for Water Efficient Agriculture project, which will cost Rs 8 billion, and the CM Punjab High Tech Farm Mechanization Financing Programme, which will cost Rs 9 billion.
Key Takeaways:
- The Punjab government has allocated Rs379 billion for the agriculture, livestock, and water sectors in the next fiscal year, with Rs123 billion allocated for development and Rs256 billion for non-development funds.
- The government has initiated the Green Tractor Scheme, which has provided 9,500 farmers with tractors at affordable prices.
- The Punjab Chief Minister is launching the High Power Tractor Programme with an allocation of Rs 10 billion.
- The Kisan Card and Solarization of Agricultural Tube Wells schemes, which were launched in FY 2024-25, will continue in the next financial year with allocations of Rs 63 billion and Rs 87 billion respectively.
- The Herd Transformation Programme aims to increase livestock production, with an allocation of Rs 6 billion.
- The CM Punjab Livestock Card Scheme has provided loans to farmers, with an allocation of Rs 1 billion.
- The government has proposed various projects for the development of water resources, including the establishment of water reservoirs, water conservation, and water use efficiency, with an allocation of Rs 25 billion.
- The CM's Punjab for Water Efficient Agriculture project will cost Rs 8 billion.
- The CM Punjab High Tech Farm Mechanization Financing Programme will cost Rs 9 billion.
Statistics:
- Rs 379 billion allocated for agriculture, livestock, and water sectors in next fiscal year
- Rs 123 billion allocated for development
- Rs 256 billion allocated for non-development funds
- Rs 63 billion allocated for Kisan Card scheme
- Rs 87 billion allocated for Solarization of Agricultural Tube Wells scheme
- Rs 6 billion allocated for Herd Transformation Programme
- Rs 1 billion allocated for CM Punjab Livestock Card Scheme
- Rs 25 billion allocated for development of water resources
- Rs 8 billion allocated for CM's Punjab for Water Efficient Agriculture project
- Rs 9 billion allocated for CM Punjab High Tech Farm Mechanization Financing Programme
Sources:
- Budget speech by Provincial Finance Minister Mian Mujtaba Shuja-ur-Rehman, Punjab Assembly, 2025
- Government of Punjab, Budget Document, 2025-26
- Government of Punjab, Press Release, 2025