Good News for Farmers, Get 50 % Subsidy on Agriculture Machinery, Apply Now!

During the ongoing Kharif crop season, the government is actively ensuring a smooth experience for farmers. The Agricultural Machinery Subsidy Scheme offers substantial benefits. The government is granting up to a 50 % subsidy on diverse agricultural machinery, effectively cutting costs in half.

This program allows farmers to access essential equipment at an exceptionally affordable rate. Moreover, cooperative societies, FPOs, and custom hiring centers receive an 80% subsidy on agricultural machinery. This opportunity can help farmers to avail maximum benefits from the significant government subsidies for enhanced agricultural practices. 

This article gives detailed information on the listed agricultural machines on which subsidy will be provided to the farmers, benefits, subsidy amount, and the application process.

List of Agricultural Machines on which Subsidy will be Provided

Under the Krishi Yantra Anudan Yojana, machines worth up to Rs 25 lakh have been included. In this, machines including:-

• Laser Land Leveler Machine

• Straw Baler

• Fertilizer Broadcaster

• Tractor Driven Spare

• Paddy Transplanter

• Rice Dryer

• Tractor Driving Powder

• Mobile Shredder

• Tractor Power Weeder

• Rotavator

• Reaper Binder

Subsidy Amount

Through the Krishi Yantra Anudaan Yojana, the state government offers farmers a valuable subsidy opportunity of up to 50 %. By participating in the scheme, farmers can access this subsidy. It's important to note that under this program, the farmer is responsible for the GST payment, and the government doesn't provide a subsidy for it.

The subsidy, however, is applied to the cost of the agricultural machinery itself. This strategic initiative serves to assist farmers in acquiring essential equipment for their agricultural endeavors, fostering progress in the farming sector.

Also Read:- Exploring India's Latest Tractor Subsidy Schemes- 2023

Eligibility Criteria

The Krishi Yantra Anudan Yojana extends agricultural machinery subsidies to Haryana's residents, including cooperative societies, FPOs, and custom hiring centers. These eligibility conditions are established to ensure that the subsidy scheme primarily benefits Haryana's native farmers and encourages equitable distribution of resources. The intention is to foster agricultural growth and equip farmers with the necessary tools for enhanced productivity.

 The outlined eligibility criteria encompass the following aspects:-

Residency Requirement

Applicants must be bona fide residents of Haryana. Individuals from other states are excluded from this scheme's benefits.

Subsidy History

Farmers who have previously obtained agricultural machinery subsidies within the last four years are ineligible for the same machinery subsidy under the Kisan Yojana. However, they remain eligible for subsidies related to other agricultural implements.

Ownership of Cultivable Land

A prerequisite for an application involves possessing cultivable land in the applicant's name. This criterion ensures the genuine involvement of active farmers.

Application Procedure

Haryana's farmers can initiate their application process by accessing the official state government website: https://www.agriharyanacrm.com/.

Required Documents

For availing of the crop residue management subsidy through the Krishi Yantra Anudan Yojana, applicants must furnish essential documentation, including:

• Aadhaar Card of the Applying Farmer
• Voter ID Card of the Applicant
• PAN Card of the Applicant
• Bank Account Details of the Applicant Farmer
• Copy of the First Page of the Passbook for Tractor RC
• Patwari's Report
• Passport-Size Photo of the Farmer
• Registered Mobile Number of the Farmer, and more.

These documents are fundamental for a streamlined application process and efficient verification.

The process encourages transparency, as it ensures that the subsidy reaches genuine and eligible applicants. By adhering to the document submission guidelines, farmers can access the benefits of the Krishi Yantra Anudan Yojana, thereby contributing to the advancement of agricultural practices in Haryana.

Also Read:- Rotavator Subsidy Scheme- Now Farmers can Avail 50% Subsidy on the Purchase of Rotavator

Conclusion 

The Krishi Yantra Anudan Yojana stands as a significant initiative by the Haryana state government to empower farmers and uplift agricultural practices. By providing substantial subsidies on essential agricultural machinery, the scheme aims to enhance productivity and modernize farming methods. Through eligibility criteria and a streamlined application process, the program ensures that deserving individuals can access its benefits. 

Also Read:- PM PRANAM SCHEME: States to Get 50% Subsidy in Fertilizer Sector