<p style="color:#333333;margin-top:15px;margin-bottom:15px;font-family:'Helvetica Neue', Helvetica, Arial, sans-serif;font-size:13px;line-height:20.7999992370605px;"><span style="font-family:Arial, Helvetica, sans-serif;font-size:small;">Pakistan Tractors: In a surprising move, the provincial governments of both Punjab and Sindh have announced tractors schemes in the Budget FY16. In this regard, Punjab govt. has allocated PKR5bn for the scheme to distribute 25,000 tractors while the Sindh govt. will distribute 29,089 tractors with a subsidy of PKR200k-PKR300k on each unit. The prime beneficiaries of the development will be the leading tractor manufacturers namely AGTL and MTL. Considering the last tractor schemes as a proxy for the upcoming tractor schemes, the sales of AGTL and MTL will rise by 20,500 units and 17,000 units thereby trans...
