📷 Image: Wikimedia Commons / Ozmanzia
Agriculture
Rs 37,000 crore credited to accounts of 3.82 lakh Punjab farmers, says Lal Chand Kataruchak
✍️ Patiala Politics
🗓 11 Nov 2026, 10:00 AM
👁 23
Punjab authorities have transferred more than Rs 37,000 crore into the bank accounts of 3.82 lakh farmers, according to Lal Chand Kataruchak.
The state government of Punjab has completed a massive direct credit exercise, moving over Rs 37,000 crore into the bank accounts of approximately 3.82 lakh farmers. The transfer, announced by senior politician Lal Chand Kataruchak, is part of a broader effort to provide timely financial relief to the agricultural community.
Kataruchak, speaking to local media, confirmed that the funds have already been reflected in the beneficiaries' accounts and urged farmers to verify the credits. He emphasized that the disbursement aims to support crop cycles and mitigate the impact of rising input costs.
The move follows years of demand from farmer groups for transparent and direct benefit transfers. While the exact scheme name was not disclosed in the statement, officials have indicated that the payment aligns with existing state subsidies and central government initiatives targeting agricultural sustainability.
Stakeholders are expected to monitor the utilization of the funds closely, with authorities promising audits to ensure that the money reaches intended recipients without delay.
The large‑scale crediting underscores Punjab's commitment to strengthening the agrarian sector, especially as the state navigates challenges related to market volatility and climate pressures.
Kataruchak, speaking to local media, confirmed that the funds have already been reflected in the beneficiaries' accounts and urged farmers to verify the credits. He emphasized that the disbursement aims to support crop cycles and mitigate the impact of rising input costs.
The move follows years of demand from farmer groups for transparent and direct benefit transfers. While the exact scheme name was not disclosed in the statement, officials have indicated that the payment aligns with existing state subsidies and central government initiatives targeting agricultural sustainability.
Stakeholders are expected to monitor the utilization of the funds closely, with authorities promising audits to ensure that the money reaches intended recipients without delay.
The large‑scale crediting underscores Punjab's commitment to strengthening the agrarian sector, especially as the state navigates challenges related to market volatility and climate pressures.