Good news! Find out how to get a 50% subsidy on tractor purchases
The Modi government has come up with a number of schemes to increase farmers’ incomes in the country and help them financially. Under the PM Kisan Yojana, Rs 6,000 per annum is deposited in farmers’ accounts. Farmers also need a variety of machines for farming. In this case, the central government is subsidizing the purchase of tractors to help farmers. The subsidy is provided under the PM Kisan Tractor Scheme.
Tractors are really important for farmers. But there are many farmers in the country who do not have tractors because of their poor financial situation. In such a dire situation they have to be hired by tractors or otherwise farmed by oxen. The government has come up with a plan to help farmers in such cases. Under the PM Kisan Tractor Scheme, farmers will be provided with tractors at half price.
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The central government is subsidizing farmers to buy tractors. Under it, farmers can buy the tractors of any company for half the price. The other half will be paid by the government as a subsidy. In addition, many state governments are providing 20 to 50 percent subsidy on tractors to farmers at their respective levels.
Let me tell you – it was a government subsidy for tractors. If you also want to take advantage of the scheme, farmers need to have Aadhaar card, land paper, bank details, passport size photo for this. Under the scheme, farmers can apply online by visiting the nearest CSC center.