Last Chance to Grab Subsidy of Rs 1 Lakh on Purchase of Tractor

Key Highlights

• The Haryana government offers a last chance for farmers to avail a subsidy of Rs 1 lakh on tractor purchases.
• The subsidy applies to tractors with 45 HP and above, benefitting small and marginal farmers.
• Eligibility is limited to Scheduled Caste farmers in Haryana.
• Application deadline: March 11, 2024.
• Farmers must register on the Meri Fasal Mera Byora portal and apply online.
• Selected farmers can negotiate with authorized manufacturers and upload necessary documents for verification.
• An e-voucher will be provided after successful verification, supporting farmers in acquiring essential agricultural machinery.

Tractors play a crucial role in the daily tasks performed by the farmers, making farming more efficient and manageable. These powerful machines help in various activities from sowing to transporting the produce to the market after harvesting. However, the high cost of tractors does pose a challenge for small and marginal farmers. In a bid to support farmers, the state government is offering a subsidy of up to Rs 1 lakh on the purchase of tractors, focusing on those with 45 HP and above. This is a final call for eligible farmers to seize this subsidy opportunity.

Also Read: Tractor Subsidy Scheme: Mini Tractor and Accessories for Rs 35,000

Government's Initiative

The state government has devised a plan to provide subsidies on tractors with 45 HP and above. The selection process involves the District Level Executive Committee conducted by the Deputy Commissioner. Once selected, farmers can negotiate with authorized tractor manufacturers to make their purchase. Registration for this scheme is available on the Agricultural Manufacturers Scheme's machine supply portal.

Subsidy Details Across States

Different states provide varying subsidies for tractor purchases. For instance, in Madhya Pradesh, farmers enjoy up to a 50 percent subsidy, while Uttar Pradesh provides a grant of up to Rs 1 lakh. Similarly, Haryana offers a subsidy of Rs 1 lakh on tractor purchases, applicable to the cost price, with farmers responsible for GST and additional charges.

Eligible Beneficiaries

In Haryana, this subsidy is exclusively available to Scheduled Caste farmers. Farmers belonging to other categories cannot avail of this particular scheme.

How to Apply for the Subsidy

Scheduled Caste farmers in Haryana seeking tractor subsidies must apply online. Before applying, farmers need to register on the Meri Fasal Mera Byora portal. The deadline for the application is March 11, 2024. For more information, farmers can contact the District Agriculture and Farmers Welfare Department or call the toll-free number 1800-180-21117.

Subsidy Disbursement Process

The subsidy disbursement involves a lottery-based draw after the application period. The District Level Executive Committee conducts an online draw to select beneficiaries. The selected farmers must purchase the tractor from an authorized manufacturer and upload the necessary documents, including bills and insurance, on the departmental portal. Physical verification of the tractor and documents is mandatory, followed by the submission of the verification report to the District Level Executive Committee. After directorate-level verification, farmers receive the subsidy through an e-voucher.

This subsidy opportunity marks a significant support system for farmers, making tractors more accessible and empowering them to enhance their agricultural practices. Eligible farmers should act swiftly to secure this financial aid for tractor purchases before the deadline of March 11, 2024.

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CMV Says

The tractor subsidy initiative by the Haryana government stands as a crucial lifeline for Scheduled Caste farmers, providing them with a unique opportunity to overcome financial barriers and acquire essential agricultural machinery. With the application deadline approaching on March 11, 2024, eligible farmers are required to act promptly, ensuring that they don't miss their last chance to avail the substantial Rs 1 lakh subsidy on tractor purchases. This initiative reflects a commitment to fostering agricultural development and empowering farmers in their crucial role in ensuring food security.