Subsidy for the Krishi Yantra Yojana: All agricultural machines will now be half-priced; how can you benefit?
Krishi Yantra Subsidy Yojana: The government provides farmers with subsidies for the purchase of agricultural machinery. All farmer citizens can now purchase agricultural equipment for half the price. The benefit of this scheme will be given to farmer citizens based on their category. That is, small and marginal farmer citizens will receive a 50% grant, while other farmer citizens will receive a 40% subsidy on machine purchases. The government has launched this agricultural machinery subsidy scheme in order to modernise agricultural work and increase agricultural output.
All agricultural machinery is now half the price
Farmers can receive a 50% subsidy on a variety of agricultural equipment. The Agricultural Machinery Subsidy Scheme has been launched to help farmers purchase agricultural equipment on a state-by-state basis. Farmers can now purchase a variety of equipment at reduced prices based on their needs. The government initiated this scheme as a means of modernising farming and making agricultural work more accessible. Farmers are unable to purchase expensive agricultural equipment due to the country's poor economic conditions. In order to address this issue, the Agriculture Equipment Subsidy Scheme was launched.
Eligibility for Agricultural Machinery Subsidy Scheme Purchase
* Civil machines can be purchased by farmers from Scheduled Castes, Scheduled Tribes, OBCs, Other Backward Classes, and the General Category.
* Farmers should have all of the required documents in order to apply for the programme.
* Farmers will receive subsidies ranging from 40 percent to 50 percent depending on the category.
Now that all agricultural machines are half-price, do you know how to profit?
Farmers must apply for the scheme through their state's agriculture portal to receive a discount on the purchase of agricultural machinery. They will be able to purchase paddy transplanter, table/rice dryer, rotavator, ripper tractor operated spare, binder, fertiliser broadcaster, and other equipment as a result of the subsidy. The portal has been developed for the purchase of agricultural implements based on the states, and farmer citizens can apply for agricultural equipment in the portal based on their respective states.
Please bookmark our website Apsacs.Org for more information on similar government programmes.