Circulars/Notifications / Agricultural Credit & Microfinance Department  

 AC&MFD Circular No. 04 of 2022
December 21, 2022

The Presidents/Chief Executives
All Banks/Islamic Banks


Dear Sir/Madam,

Markup Subsidy and Risk Sharing Scheme for Farm Mechanization (MSRSSFM)

In order to enhance agriculture productivity and food security in the country, Government of Pakistan (GoP) has introduced a markup subsidy and risk sharing scheme for farm mechanization under the PM’s Kissan Package- 2022. Under this scheme, the cost of markup subsidy and risk sharing will be borne by GoP. Key features of the scheme are enclosed as Annexure - A.

Banks are advised to ensure successful implementation of the Scheme through dissemination of necessary instructions to branches and capacity building of field staff, development/alignment of financing products and marketing campaigns etc.

Please acknowledge the receipt.

Enclosed:

  1. Annexure- A
  2. Reporting format



Yours sincerely,

Sd/-

(Noor Ahmed)
Director

 
 
 

       
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