Government plans loan scheme for solar tube-wells

Islamabad- The government is planning to launch a scheme to provide interest-free loans to farmers for new solar tube-wells, state media reported today.

The initiative will facilitate small growers in reducing heavy expenditure incurred on diesel and electricity tube-wells. According to sources, the government will provide loans through commercial banks.

Under the scheme, loans will be provided for thirty thousand tube-wells in the next three years. All farmers with land holdings of 12.5 acres are eligible to apply.

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