The Presidents/Chief Executives
All Banks/Microfinance Banks

Dear Sir/Madam,

With a view to facilitate recovery of farmers from the impact of recent rains/floods, GoP has introduced the following three schemes for the revival of agriculture including farm and non-farm sectors in the rain/flood affected areas, as notified by National/Provincial Disaster Management Authority (NDMA/PDMA) during recent floods in 2022:

1. Markup Waiver Scheme (MWS) for subsistence farmers against agriculture loans with outstanding balance (including markup) of up to Rs 500,000/- per loan that were regular as on June 30, 2022 (Annexure-A).
2. GoP Markup Subsidy Scheme (GMSS) for revival of agriculture/livestock sectors against loans of up to Rs 500,000/- to subsistence farmers (Annexure-B).
3. Interest Free Loans and Risk Sharing Scheme for Landless Farmers (IF&RSLF) up to Rs 200,000 in flood affected areas (Annexure-C).

2. Banks/MFBs are advised to gear up their systems for successful implementation of these schemes and to avoid any misuse.

3. Please acknowledge the receipt.