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.