Express ☺ your view, expression on this post, via Facebook comment in the below box… (do not forget to tick Also post on facebook option)

January 19, 2018

E-Credit Scheme improves liquidity in agri sector: ITU VC

LAHORE: The Agriculture e-Credit Scheme has improved liquidity in the agriculture sector, timely availability of crop inputs, an increase in yield and higher profit margins. 

This was stated by Dr Umar Saif founding Vice Chancellor of Information Technology University (ITU) Punjab, Chairman Punjab Information Technology Board (PITB) and Advisor to the CM while chairing a meeting to review the progress of Agri Credit Scheme here on Thursday. 

The meeting was informed that the database of over 350,000 farmers have been registered in the Punjab Province under PITB’s developed centralized system for managing the database, helping raise efficiency and accountability of the scheme for the Punjab Agriculture Department’s initiated interest-free loan scheme for small farmers. The scheme provides loans to farmers possessing land less than 12.5 acres and has a flexible repayment option. 

The meeting was further informed that the distribution of mobile phones has been started among the registered farmers and around 110,000 farmers would be given mobile phones with 10 agriculture-related applications to enhance their capacity and to disburse to loans to the farmers through mobile wallet as all processes involved in loan allocation have been automated, the meeting reviewed. 

In the conventional method for loan processing, an applicant would have needed to visit the PLRA and bank more than 10 times to secure the loan, but with the help of this system, the number of visits was reduced to only three. More than 55 million households are directly or indirectly tied to this sector. 

The salient features of 10 mobile applications include onboarding/Tutorial to welcome the newly-registered farmers and verify their credentials, Weather Alerts to show the forecasts based on the latitude and longitude of the farmer’s location for 5 days, Crop Calendar to provide crop specific advisories, educate farmers about new technologies, methods and techniques related to various crops, Video on Demand to primarily serve the needs of farmers whose mobile literacy is low, expert opinion to talk to an expert, Crop Yield Calculator to allow farmers to calculate the approximate cost of seeding, fertilizer and pesticide usage and crop yield based on their land size and crop type, Mandi app to connect farmers with potential buyers and to use EasyPaisa Mobile Wallets for payments, Supply Chain Tracking to help farmers to browse, compare and buy various farm supplies such as fertilizers, seeds and pesticide from their mobile phones, Agriculture Subsidy to enable farmers to redeem subsidies given through various types of tokens (e g Potash Fertilizer Subsidy) through this app and Hyperspectral Imagery to capture satellite imagery of land and check the health of the crop, soil moisture, pest information and then using the above mentioned parameters to recommend remedial measures. 

Source: Business RECORDER



Thanks for visiting our website. Like our FB pages and subscribe for daily updates; you can comment on the above post bellow ↓with your Google id or Facebook id – Thank you for your time..☺


Follow us on social media to get instent updates....

|Twitter| |Facebook| |Pinterst| ||

Send your news/prs to us at

Note: The views, comments and opinions expressed on this news story/article do not necessarily reflect the official policy or position of the management of the website. Companies, Political Parties, NGOs can send their PRs to us at

‎لطیفے اور شاعری‎
Facebook group · 8,142 members
Join Group
یہ گروپ آپ سب کے لئے ہے۔ پوسٹ کیجئے اور بحث کیجئے۔۔۔۔۔ اپنی آواز دوسروں تک پہنچائے۔۔۔اور ہاں گروپ کو بڑا کرنے کے لئے اپنے دوستوں کو بھی گروپ میں دعو...

All Categories

Aaj Kamran Khan ke Saath Aamir Liaquat Hussain Aapas ki Bat NajamSethi Abdul Qadir Hassan AchiBaatain Afghanistan Aga Khan University Hospital AirLineJobs Allama Iqbal America Amjad Islam Amjad Anjum Niaz Ansar Abbasi APP Aqwal Zareen Articles Ayat-e-Qurani Ayaz Amir Balochistan Balochistan Jobs Bank of Khyber Banking Best Quotes Biwi Jokes Blogger Tips Chaltay Chaltay by Shaheen Sehbai China Chitral Coca-Cola Coke Studio Columns CookingVideos Corporate News Corruption Crimes Dr Danish ARY Sawal Yeh Hai Dubai E-Books EBM Education Educational Jobs Emirates English #Quotes English Columns EnglishJokes Funny Photos Funny Talk Shows Funny Videos Gilgit-Baltistan Girls Videos Govt Jobs HabibJalibPoetry Hamid Mir Haroon Al-Rashid Hasb-e-Haal with Sohail Ahmed Hassan Nisar Hassan Nisar Meray Mutabaq Hazrat Ali AS Sayings HBL Health HikayatShaikhSaadi Hospital_Jobs Huawei Hum Sab Umeed Say Hain India Information Technology Insurance International News Islam Islamabad Islamic Videos JammuKashmir Javed Chaudhry Jazz Jirga with Salim Safi Jobs Jobs Available Jobs in Karachi Jobs in KPK Jobs in Pak Army Jobs_Sindh JobsInIslamabad Jokes Jubilee Insurance Kal Tak with Javed Chaudhry Karachi Kashmir KhabarNaak On Geo News Khanum Memorial Cancer Hospital Khara Sach With Mubashir Lucman Khyber Pakhtunkhwa Lahore Latest MobilePhones Lenovo LG Life Changing Stories LifeStyle Live With Dr. Shahid Masood Live with Talat Hussain Maulana Tariq Jameel MCB Bank Microsoft Mobilink Mujeed ur Rahman Shami Munir Ahmed Baloch Nasir Kazmi Nazir Naji News News Videos NGO Nokia North Korea Nusrat Javed Off The Record (Kashif Abbasi) Off The Record With Kashif Abbasi On The Front Kamran Shahid OPPO Orya Maqbool Jan Pakistan Pakistan Army Pakistan Super League Pashto Song Photos Poetry Political Videos Press Release Prime Time with Rana Mubashir PTCL Punjab Quetta Quotes Rauf Klasra Samsung Sar-e-Aam By Iqrar-ul-Hasan Sardar Jokes Saudi Arabia ShiroShairi Show Biz Sikander Hameed Lodhi Sindh Social Media Sohail Warriach Songs Sports News Stories Syria Takrar Express News Talat Hussain Talk Shows Technology Telecommunication Telenor To the point with Shahzeb Khanzada Tonight with Moeed Pirzada Turkey Tweets of the day Ufone University Jobs Urdu Ghazals Urdu News Urdu Poetry UrduLateefay Video Songs Videos ViVO Wardat SamaaTV WaridTel Wasi Shah Zong اردو خبریں
______________ ☺ _____________ _______________ ♥ ____________________