Get a grant of Rs 1 lakh on tractor purchase, apply soon

Farming becomes very easy with the help of tractor. However, not all farmers are able to buy tractors due to financial constraints. In this sequence, the Madhya Pradesh government is running a special scheme for the financial assistance of the farmers. Under this scheme, a grant of up to one lakh rupees will be made available for the purchase of tractors.

Farmers are being given the benefit of this scheme on tractors of 20 HP. Under this scheme, 25% of the cost of tractor i.e. maximum amount of 75 thousand rupees is being given to the general category farmers. At the same time, 35% of the cost i.e. a maximum of one lakh rupees is being given as a grant for Scheduled Castes, Scheduled Tribes, women, small and marginal farmers.

To take advantage of the subsidy scheme on tractors, you can apply online on the official portal of the Horticulture Department, Government of Madhya Pradesh. The farmer must have the following documents with him while applying.

  • Aadhar card

  • Copy of bank passbook

  • Caste certificate

  • Address proof

  • Field papers containing Khasra No./B-1/

  • Applicant farmer’s photo

Farmers can get information about this scheme from the Block and District Horticulture Department. Keep in mind that the last date of application is 5th September 2022. So without wasting time apply for this scheme soon.

Source: Tractor Junction

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