Determine which state will provide the most assistance in purchasing a tractor.
In the year 2023, assembly elections are envisaged in nine states around the country. Madhya Pradesh, Rajasthan, Chhattisgarh, Karnataka, Telangana, Tripura, Meghalaya, Nagaland, and Mizoram are among them. Following that, the Lok Sabha elections will be held. In such a situation, state governments make numerous announcements in order to entice voters. Villages house more than half of the population. Keeping this in mind, the government is making a number of announcements for villagers, particularly farmers. Farmers in Rajasthan are being given free power for 2000 units. Shivraj Singh Chouhan, on the other hand, has launched a scheme to provide interest-free loans to farmers in Madhya Pradesh, as well as a 5% interest subsidy on existing loans. Many announcements are made in this manner by state administrations in various states. Based on these election preparations, it is expected that the PM Kisan Yojana will win. In addition, the government can provide a substantial subsidy to farmers for the purchase of tractors.
How much assistance is available in each state to purchase a tractor?
Farmers are also eligible for government subsidies when purchasing tractors. Different states, according to their individual rules, provide farmers with the benefit of a subsidy on the purchase of tractors. Aside from that, farmers receive subsidies for the purchase of other agricultural machines. In Madhya Pradesh, farmers can receive a 20 to 50 percent subsidy on the purchase of tractors and other agricultural machinery. Farmers in UP, on the other hand, can receive a grant of up to one lakh rupees for the purchase of tractors. Similarly, farmers in Haryana are eligible for a subsidy of up to Rs 3 lakh, or 50% of the cost of a tractor. In Rajasthan, farmer groups are also eligible for a subsidy on the purchase of tractors for the establishment of custom hiring facilities. According to Maharashtra media reports, the supplementary plan for a small tractor has a maximum of 5 lakhs for getting its accessories. The remaining funds will be distributed to farmers or members of self-help groups.
Farmers can purchase tractors on subsidy through the Krishi Yantra Yojana, which is now being implemented in the states. Check out the full information of the scheme [Krishi Yantra Anudan Yojana (Tractor Subsidy) 2022–23 Online Apply] here. What is the benefit, subsidy, eligibility, and how do I enrol in the scheme? All of this information is provided here.
Krishi Yantra Anudan Yojana-(Tractor Subsidy)
Today, in this TractorKharido post, we will teach you about the tractor purchase subsidies available in several states and how to apply for them.
Tractor Subsidy Madhya Pradesh
Farmers in Madhya Pradesh receive a 20 percent to 50 percent subsidy on the purchase of tractors. Farmers using tiny tractors are eligible for this subsidy. This subsidy is offered to farmers based on the cost of the tractor. For this, a calculator is available on the Madhya Pradesh website, allowing you to determine the cost of agricultural machinery included in the grant list as well as the amount of grant received. The farmer is responsible for paying the GST on the tractor. Aside from that, economically disadvantaged farmers benefit from tractor subsidies. Priority is given to scheduled castes, scheduled tribes, and women farmers in this regard. A farmer is only eligible for a tractor subsidy once under this programme. This requires that the farmer not have received any government subsidies under any scheme in the previous seven years.
Tractor Subsidy Uttar Pradesh (UP)
The UP government is running an agricultural mechanisation programme for the farmers. Tractors and other agricultural equipment are covered under this. The Horticulture Department offers subsidies to farmers under this programme for the purchase of tractors with less than 20 horsepower, power tillers with less than 8 horsepower, and power tillers with more than 8 horsepower. The National Horticulture Mission's Mission for Integrated Development of Horticulture (MIDH) programme is responsible for awarding this grant. In this, a grant of Rs 75,000 is granted to farmers in the general category for the purchase of tractors up to 20 HP, and a grant of up to Rs 1 lakh is given to farmers in the scheduled caste. Let us remind you that a tractor purchase was the previous purpose of this gift of Rs. 1.5 lakh. It has now been diminished. Additionally, the subsidy for an 8 HP power tiller has been decreased from Rs 50 to Rs 40,000. You may apply for the Krishi Anudan Yojana if you are from UP and meet the eligibility requirements. For this, the UP government periodically requests applications.
Tractor Subsidy Haryana
In Haryana, farmers are only eligible for a maximum subsidy of three lakh rupees or 50% of the cost of tractors, whichever is less. The farmers from Scheduled Castes receive this benefit. Farmers in Panipat from Scheduled Castes were asked to apply in January 2023. The chosen farmers were chosen at random from the submitted applications. In order for the needy farmer to benefit, it was necessary for the chosen farmers to submit Rs 10,000 as the draw registration fee. The Haryana government additionally offers farmers the benefit of agricultural machinery subsidies.
Tractor Subsidy Rajasthan
Free tractor and agricultural machinery scheme has been started for farmers in Rajasthan. Under this, tractors are given to the farmers for farming at a very low rent. Under this, farmers are provided with tractors and agricultural machinery for harvesting, threshing and other agricultural activities. So far, more than 10 thousand farmers have applied for getting free agricultural machinery under this scheme. Till now, more than 4 thousand farmers have been given 8. Apart from this, agricultural machinery is also provided on subsidy to farmers by the Government of Rajasthan, in which up to 40 percent subsidy is given to the general category and up to 50 percent subsidy to scheduled caste, scheduled tribe farmers.
Tractor Subsidy Maharashtra
The Maharashtra government reportedly offers tractors on a subsidy to farmers in self-help organisations. The maximum price for purchasing a mini tractor's accessories in Maharashtra has been set at Rs. 5 lakh. The farmers or people in self-help groups will receive the remaining sum from the aforementioned According to this plan, 80% of the farmers must be members of the Scheduled or Neo-Buddhist community. The farmer submitting the application must be a Maharashtrian.
The Tractor Subsidy Document lists the documents needed to apply for tractor subsidies.
Aadhaar cards, pan cards, ration cards, residence certificates, income certificates, copies of farm land documents, copies of bank passbooks for bank account details, farmer passport-size photos, and other crucial documents are needed to apply for tractor subsidies.
Where to contact for more information
You can acquire more information on tractor subsidies by getting in touch with your district's agriculture department or horticulture department. In addition to this, you can learn more by going to their official website.
Important link for Krishi Yantra Anudan Yojana applications
Here, we provide links to the various Krishi Yantra Anudan Yojana application states where you can submit an application. Describe how the Agriculture Department occasionally offers payments on tractors and other agricultural equipment under the Agricultural Machinery Grant Scheme, for which applications are invited. You can apply for a subsidy there. The following URLs are for
Agricultural Machinery Grant Scheme Madhya Pradesh - https://dbt.mpdage.org/eng_index.aspx
Agricultural Equipment Grant Scheme UP- http://upagriculture.com/
Agricultural Machinery Grant Scheme Haryana - https://www.agriharyanacrm.com/
Agricultural Machinery Grant Scheme Rajasthan - https://rajkisan.rajasthan.gov.in/
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