Government Subsidy for Farmers: Government will give 80% subsidy on these agricultural equipment, know how to avail the benefit

Government Subsidy for Farmers: For farmers, there is wonderful news. The government is launching a new program to provide farmers in the economically disadvantaged area access to modern farming equipment. This allows farmers to do agricultural operations at a reduced cost. In actuality, the Koderma Agriculture, Animal Husbandry, and Cooperative Department will create the Agriculture Equipment Bank in the Koderma district. This program’s goal is to make farming easier and more lucrative by giving farmers access to affordable, contemporary agricultural equipment.

In this case, the post today provides comprehensive information on the Agricultural Equipment Bank, enabling farmers to readily use it.

The scheme’s goal

This initiative’s primary goals are to expand output capacity, mechanize agriculture, and lower farmer costs. This plan will be beneficial in improving the financial standing of Koderma’s farmers in the countryside.

There will be an 80% subsidy for agricultural equipment

This program is being launched under the National Agricultural Development Scheme, based on the information that was received. This calls for the creation of village-level banks for agricultural equipment in ten of the district’s communities. The formation of each bank would cost about Rs 10 lakh, of which Rs 8 lakh, or 80%, will come from government grants.

On 230 pieces of agricultural equipment, an 80% subsidy will be provided

The farmers will also get around 230 pieces of personal agricultural equipment under this program. Tractors, power tillers, power weeders, cultivators, rotavators, seed drills, threshers, micro rice mills, solar sprayers, portable pumps, and other equipment are among the items that will be eligible for subsidies. These devices will all simplify and increase the productivity of farming. On all of these devices

Giving women’s organizations priority

Women’s self-help groups will be prioritized under this plan. Particularly to those organizations that own over 10 acres of arable land and whose members possess a current tractor driving license.

How do I apply?

The application form must be completed and sent to the District Agriculture Officer, District Cooperative Officer, DPM JSLPS, or DDM NABARD by interested farmers. Farmers have the option to apply directly to the District Joint Agriculture Office if they so want.