Directorate General Agriculture Lahore Tender Notice

Pre-qualification of Agricultural Machines & Implements Importers/Manufacturers/Suppliers under the

"Chief Minister Punjab Hi-Tech Farm Mechanization Financing Program"

To accelerate the adoption of advanced, hi-tech agricultural machines & implements and boost farm productivity, the Government of Punjab is going to launch a landmark Interest-Free Farm Mechanization Financing Program. The scheme aims to provide financial access for the acquisition of high-cost, high-tech agricultural machines & implements. Under this initiative, eligible farmers/service provider/firms may avail financing up to Rs. 30 million, with a 20% upfront equity contribution. The Financial Institution (s) will finance the remaining 80% of the machines & implements cost. The Government of Punjab will bear 100% of the interest cost, thereby making the financing completely interest-free.