Browsing Tag

Tractor

Tractor sales to rebound sharply: analysts

November 01, 2014 - BR Report - Due to government support and improving rural economy, sales of locally-assembled tractors is expected to rebound, analysts said. According to Topline Securities, after falling in last few years, tractor sales are expected to grow by 37 percent in FY15 and 10 percent in FY16. In Federal Budget FY15, the government had announced reduction in General Sales Tax (GST) from 16 percent to 10 percent and increased agri-credit loan target from Rs 380 billion to…

Tractor scheme: farmers facing hardship

August 31, 2013 Tractor scheme: Recently, the Government of Sindh announced the Sindh Tractor Subsidiary Scheme and decided to distribute the total of 1,200 tractors among farmer fraternity. For this purpose, farmer fraternity moved to consult the concerned banks but failed to proceed with the issuance of forms. Reason reported later, that the authoritarians had already distributed forms among their nearest and dearest ones. Consequently, the farmer fraternity protested and insisted…

Indo-Pak experts’, policy makers’ ties to benefit both nations

December 30, 2012 Constructive ties between experts and policy makers of Indian and Pakistani Punjab would benefit both nations in addressing the daunting challenges of food security, water and poverty. Addressing the Faculty of Agricultural Engineering & Technology on Saturday, Professor Dr Iqrar Ahmad Khan, Vice Chancellor, University of Agriculture he lauded the Chief Minister Punjab Mian Muhammad Shahbaz Sharif for donating an Indian tractor to UAF that was handed over to him…

Green Tractor Scheme criticised

November 07, 2012: The Punjab government's Green Tractor Scheme meant for the youth of the province who own 2.5 acres of land is said to be flawed, as banks, as a matter of policy, do not extend loans against land holdings of less than 5 acres, sources told Business Recorder on Tuesday. According to the scheme, tractor allocations, previously made on the basis of cultivated area, were distributed in accordance with population, focusing on youth living in cities who do not really need a…

Green Tractor Scheme: applications to be scrutinised on merit

August 29, 2012:  Commissioner Lahore Division Jawad Rafique Malik has said that applications from rural youths in connection with transparent balloting for Green Tractor Scheme would be scrutinised purely on merit basis. He also said the scheme is an exemplary project by the government, which has been launched for the welfare of the rural youths. He expressed these views while presiding over a meeting regarding implementation of Green Tractor Scheme for rural youths here on Tuesday,d…

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