Bumper subsidy on setting up of custom hiring centers

Emphasis is being laid on setting up Custom Hiring Centers across the country. The purpose of establishing this is to promote modern agricultural machines in agriculture so that every farmer can take advantage of agricultural machines at low rates. Along with this, villagers will also get employment through custom hiring centers. For its establishment, the government is also giving grants to farmers, village panchayats, entrepreneurs and cooperative societies.

In this sequence, the Madhya Pradesh government has announced to set up 3,000 new custom hiring centers in the state. Under this scheme, the government is giving a grant of up to 25 lakhs to the farmers for the establishment of custom hiring centers, so that more and more villagers can take advantage of this scheme. Apart from this, an additional interest of 3% will be given as a subsidy on the loan from this scheme. To upgrade the agriculture sector, the government is also preparing to start 4 new skill development centers.

Source: Kisan Samadhan

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