Farmers benefit from agricultural machinery subsidy schemes

The use of machines in the field of agriculture is increasing continuously. In the modern era, farmers like to do farming through equipment, but small and marginal farmers are often unable to buy this equipment, in such a situation the central government has implemented special schemes for the farmers. There are some schemes where farmers can buy agricultural equipment on subsidy.

So let's know in detail about these schemes.

National Agricultural Development Scheme

The National Agriculture Development Scheme was implemented by the Central Government in the year 2007-08. This scheme was formed in the 11th Five Year Plan with the objective of achieving 4 percent annual rates. From the year 2007-08 to 2014-15, 100 percent assistance was being received from the Government of India. Various objectives have been included under the Rashtriya Krishi Vikas Yojana and project-based assistance is provided to the involved departments like Horticulture, Agriculture, Fisheries, Agricultural Marketing Board, Dairy, Forest Department, Animal Science and Veterinary University, etc. Apart from this, tools are provided to women in agricultural equipment. Farmers can take advantage of this scheme by becoming a participant.

National Food Security Mission

The National Food Security Campaign was launched in the year 2007-08. To improve agricultural productivity under the National Food Security Mission. Through this scheme old agricultural machines can be improved and made better. The government believes that the continuous use of agricultural machines has flaws, so it is necessary to pay attention to them so that farmers can also get help through machines for better agriculture. To avail agricultural machinery can avail benefits under National Food Security Mission.

Sub-Mission on Agricultural Mechanization

The Sub-Mission on Agricultural Mechanization was launched in the year 2014-15 with the objective of increasing the access of agricultural equipment to small and marginal farmers and areas where agricultural power is available. The main objective of the scheme is to promote custom hiring centers and hi-tech hubs of high-value machines to balance the economies of small and marginal fragmented holdings and large size due to the high cost of ownership.