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Krishi Yantra Anudan Yojana 2024 provides subsidies on essential agricultural equipment, helping farmers access affordable, modern farming machinery.
The government is offering a subsidy on agricultural equipment under the Krishi Yantra Anudan Yojana 2024 to support farmers in acquiring modern machinery at affordable rates. This initiative aims to boost farming productivity by providing financial assistance to farmers for purchasing agricultural machines for agriculture. The state government has started accepting applications for subsidies on seven types of agricultural equipment. Farmers who are selected through a lottery system can avail the benefits and purchase machinery at a reduced rates.
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The subsidy is available for agricultural machinery commonly used for harvesting, threshing, and related farming activities. Here’s a list of the top 7 equipment for which farmers can apply:
Under the E-Krishi Yantra Anudan Yojana, subsidies vary based on gender, caste, and landholding categories. Farmers can receive a subsidy of 40% to 50% on these agricultural tools. To check the exact subsidy amount for the equipment you wish to purchase, you can use the subsidy calculator available on the E-Krishi Yantra Anudan portal.
To apply for the subsidy, farmers are required to submit a Demand Draft (DD) as a security deposit. The amount varies based on the equipment:
If a farmer is not selected in the lottery, the security deposit will be refunded. Please note that applications without the security deposit will not be accepted.
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Farmers need to apply online and must submit the following documents:
Farmers in Madhya Pradesh can apply for this subsidy on the E-Krishi Yantra Anudan Portal. If you are already registered, simply log in with your Aadhaar OTP. Farmers who are not registered can visit MP Online or CSC Centers to register via biometric Aadhaar authentication and then apply for the subsidy.
Farmers selected through the lottery will receive the subsidy to purchase agricultural machinery at a discounted rates.
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The Krishi Yantra Anudan Yojana 2024 offers valuable subsidies on essential agricultural equipment, helping farmers reduce costs and boost productivity. By applying online and participating in the lottery, farmers can access modern machinery at discounted rates, supporting efficient farming practices and improving crop yields across the state.