Bumper subsidy of 50 percent on tractors, know what is the government’s plan?

Bumper subsidy of 50 percent on tractors

Many state governments provide subsidy benefits to farmers to buy a new tractor under the tractor subsidy scheme. In different states, tractors are given subsidies according to the rules there. Let us know in which state how much subsidy is available for buying a tractor.

In Madhya Pradesh, farmers get a 20 to 50% subsidy on the purchase of tractors. For this, applications can be made on the official website of Madhya Pradesh https://dbt.mpdage.org/eng_index.aspx. Explain that under this scheme, the subsidy is given only once to the farmer for the tractor. For this, it is necessary that the farmer has not benefited from government assistance under any scheme for the last seven years.

UP Government Under this scheme farmers are given a subsidy by the Horticulture Department on the purchase of agricultural machinery on tractors less than 20 HP, power tillers less than 8 HP and power tillers more than 8 HP. In this, a bonus of up to Rs 75,000 is given to general category farmers and up to Rs 1,00,000 to scheduled category farmers on tractors up to 20 HP.

In Haryana, farmers get a maximum subsidy of 50 per cent on the purchase of tractors. This assistance is given to scheduled farmers. In January 2023, applications are invited from SC farmers in Panipat. Beneficiary farmers were selected from the applications received through a lottery. Here, it has become mandatory for the farmers chosen to deposit Rs 10,000 as a registration fee for the draw fee so that needy farmers can take advantage of it.

In Rajasthan, through the scheme of free tractors and agricultural machinery, farmers are given tractors for very low rent for farming. Under this, tractors and agricultural machinery are provided to farmers for harvesting, threshing and other agricultural activities. So far, more than 10 thousand farmers have applied for free agricultural machinery under this scheme.

Source: Hardum Haryana News

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