Farm Level Mechanization
Agreement between SEDF, NBP and Service Provider(s) for Markup subsidy to Rice Farmers for Mechanization of Farm Level Practices
There is a huge potential/gap for mechanization of farming processes, which includes:
- Supply of Quality Seeds
- Laser Land Levelling (15-20% reduction in water usage)
- Mechanical Transplanting
(Increase in plantation per acre from 70,000 to around 95,000)
- Modern Harvesters (customized for rice)
Salient Features of the agreement:
- NBP will provide production loans under Kisan Dost Scheme
(@ 15.5% mark up)
- SEDF will bear markup cost
- Service providers to provide high quality inputs and machinery on rental basis to them
Particulars | Manual | Mechanized | Change |
Grain Yield (Maunds) | 70 | 95 | 36% |
Rate (PKR) | 1,250 | 1,250 | – |
Revenue (PKR) | 87,500 | 118,750 | 36% |
Total Input Cost (PKR) | 65,073 | 68,318 | 5% |
Net Income (PKR) | 22,427 | 50,432 | 125% |
Margin | 26% | 42% |
Project Name | Meskay & Femtee |
Name of Applicant | Mr. Shahid Tawawalla |
Nature of the Project | Mechanization of rice crop cultivation in Sindh |
Location | Across Sindh |
Project Size | PKR 275 million |
Equity | PKR 100 million |
Debt | PKR 175 million |
Debt to Equity Ratio | 63:37 |
Bank | Habib Metropolitan Bank Limited |
Nature of the Project Import of machinery for land preparation, transplantation, and harvesting to be utilized on leased rice fields in different areas of Sindh. § Laser Land Levelers for land preparation § Transplanters § iii) Kubota Harvesters | |
