How to Get Subsidy on Agricultural Machinery and Equipment?

India is called an agricultural country because 70 percent of its population depends upon agriculture in one way or the other. The concept or method of farming has changed a lot with the time. In the 90s, the farmer used to do farming with the help of animals but now he cultivates with the help of machines and equipment.

As a result, modern agriculture is referred to as mechanized agriculture. Tractor, reaper binder, automatic reaper, rice transplanter, rotavator, and other sophisticated farming devices are currently available. The Tractor, however, is the most popular among them, as it is utilized by practically all farmers.

The state and central governments have provided grants or subsidies on the purchase of these machines to boost agriculture from time to time. In Madhya Pradesh, the government is running a scheme for farmers. Krishi Yantra Anudaan is the name of the scheme. Subsidies on agricultural machinery are provided to farmers in Madhya Pradesh under this arrangement. This program operates on a first-come, first-served basis.

If you want to take benefit of this scheme, then you can apply by visiting the link Agri machinery subsidy

While applying, keep the following documents with you;

• Copy of Aadhaar card

• Copy of first page of bank passbook

• Caste certificate issued by the competent officer (only for SC and ST farmers)

• Proof of electricity connection (in case of irrigation equipment)

Condition for tractor purchase

• Tractors are available for purchase by farmers of all types.

• Only farmers who have not received a subsidy from the government for the purchase of a tractor or power tiller in the previous seven years will be eligible.

• The benefit of the grant is available on any tractor or power tiller.

• (Also read: Top 5 Modern Harvesting Machine)