Today, We bring to you a post which might be helpful to you in your farm practices. The country and the farmer has advanced a lot, evolving from manual labour to bullock drawn equipments to advanced machinery, the farmer has came way ahead. But there is still a section who looks forward for the advancements and seeks help. KJ/AW brings to you Agricultural equipments on which the subsidy is admissible and the rate of subsidy applicable to them as on date.
The following agricultural equipments are available on subsidy under Central Sector Plan Schemes. The subsidy is available to the farmers @ 25% of the cost of equipment subject to certain ceiling limits.
The Implements /machinery on which the subsidies are available are :
- Power Tiller
- Power Drawn implements
- Power Threshers (all types)
- Drip Irrigation
- Animal drawn implements
- Manually operated implements/ tools including Horticultural Tools
- Plant Protection Equipment :
ii) Power operated
iii) Tractor mounted
- Self Propelled reaper, paddy transplanter and other similar self propelled machines
- Specialised power driven equipment such as Sugarcane cutter planter, potato planter, rotavator, straw reaper, strip till drill, tractor drawn reaper etc.
Having mentioned the machines for which you can get subsidy, Its time to look into the scheme under which the subsidy is available to the farmers for the purchase of agricultural implement and machines.
Macro-Management of Agriculture – Complementation/ Supplementation of State’s Efforts Through Work Plan: The States have been given flexibility to develop & pursue activities on the basis of their regional priorities. The States are free to include new interventions in their Work Plans provided these are not covered under any other scheme of the Central Government or are not a part of any ongoing State Scheme. The expenditure on any new initiative should not be more than 10% of the total allocation to the State (for the year) under Macro-Management Scheme.
As per approved pattern, there would be a cap on subsidy to the farmers incorporated in the Work Plans. Subsidy per farmer or per activity should not exceed 25% of the cost or the present subsidy level approved under 27 identified schemes, whichever is lower. Besides, the subsidy is also available on identified agricultural implements under the schemes of oil seeds production programme National Pulses Development Project, Technology Mission on Cotton, Technology Mission on Horticulture for North Eastern Region.
What would you like to read : write to firstname.lastname@example.org