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:
- Annexure- A
- Reporting format