site logo
Search Location Location

Ad

Ad

Ad

55% Subsidy Available on Irrigation Pump Sets: Grab the Benefits Now


By Robin Kumar AttriUpdated On: 17-Apr-24 06:23 AM
noOfViews9,785 Views

Follow Us:follow-image
Shareshare-icon

ByRobin Kumar AttriRobin Kumar Attri |Updated On: 17-Apr-24 06:23 AM
Share via:

Follow Us:follow-image
noOfViews9,785 Views

Up to 55% subsidy on irrigation pump sets in Madhya Pradesh, aiding farmers to enhance irrigation infrastructure affordably. Apply online now!
55% Subsidy Available on Irrigation Pump Sets: Grab the Benefits Now
55% Subsidy Available on Irrigation Pump Sets: Grab the Benefits Now

Key Highlights

  • 55% subsidy on irrigation pump sets in Madhya Pradesh.
  • Scheduled Castes, Tribes, and small farmers are eligible for maximum subsidy.
  • Apply online with the required documents.
  • Additional subsidies for pipeline installation.
  • Enhance agricultural productivity affordably.

Under the Pradhan Mantri Krishi Sinchayee Yojana, aimed at enhancing the irrigation facilities for the farmers, subsidies are being provided for the agricultural irrigation equipment. Currently, the state government is offering up to 55% subsidy on irrigation pump sets, enabling the farmers to access these crucial tools at significantly reduced prices. Interested farmers are encouraged to apply for this subsidy scheme to avail its benefits.

Also Read: BJP Introduces CDP-SURAKSHA: Digital Subsidy Platform for Horticulture Farmers to Get Subsidy

Understanding the Purpose of Pump Sets

Pump sets play a crucial role in agricultural irrigation by drawing water from wells, ponds, or other water storage sources. This water is then transported through pipes to irrigate crops, facilitating efficient agricultural practices. There are two main types of pump sets: diesel and electric, each serving specific needs and coming in varying prices.

Subsidy Details

The state government is providing substantial subsidies ranging from 40% to 55% on irrigation equipment. Notably, a 55% subsidy is extended to Scheduled Castes, Scheduled Tribes, Extremely Backward Classes, and small and marginal farmersGeneral category farmers are eligible for a 40% subsidy on pump sets, making this scheme inclusive and beneficial for various farming communities.

Also Read: Pusa Farm Sunfridge: Special Invention for Farmers to Boost Income

Required Documents for the Application

To apply for the subsidy scheme, farmers need to provide certain documents, that includes:

  • Aadhar card copy
  • The first page of the bank passbook
  • Caste certificate (for Scheduled Caste and Tribe farmers)
  • Copy of B-1
  • Electricity connection certificate, and others.

How to Apply

Farmers in Madhya Pradesh can apply for the subsidy scheme online through the official website [https://farmer.mpdage.org/home/LandingIndex#]. Additionally, they can seek further information from the agriculture department in their respective districts.

Additional Subsidies for the Installation of the Pipelines

In addition to pump sets, farmers can also avail subsidies for laying pipelines in their fields. Various schemes, such as the National Mission on Edible Oil Oilseeds, Food and Nutrition Security Pulses, and the special package for pulses in Bundelkhand, provide subsidies on pipeline and diesel/electric pump sets. Eligible farmers are encouraged to apply for these subsidies to enhance their agricultural practices and productivity.

Also Read: Arhar Dal Prices Increase: Exceeding Rs 18,000

CMV360 says

The availability of subsidies on irrigation pump sets and pipelines presents a significant opportunity for farmers to improve their irrigation infrastructure at reduced costs. By taking advantage of these schemes, farmers can enhance their agricultural productivity and contribute to the growth of the agricultural sector in the state.

News


Swaraj Tractors Showcases Advanced Farming Solutions at Krishithon Expo in Nashik

Swaraj Tractors Showcases Advanced Farming Solutions at Krishithon Expo in Nashik

Explore Swaraj Tractors' innovative range at Krishithon Expo, featuring advanced models designed to enhance farming productivity and efficiency....

21-Nov-24 10:25 AM

Read Full News
TAFE and AGCO Secure Legal Relief in Massey Ferguson Dispute

TAFE and AGCO Secure Legal Relief in Massey Ferguson Dispute

TAFE and AGCO clash over Massey Ferguson brand rights, with Madras High Court ordering status quo amid ongoing legal battles....

20-Nov-24 05:35 AM

Read Full News
VST Tillers Launches Eco-Friendly 30HP Tractor with Advanced Emission Standards

VST Tillers Launches Eco-Friendly 30HP Tractor with Advanced Emission Standards

VST Tillers unveils a 30HP tractor with Stage-V emission standards, combining eco-friendly technology, efficiency, and global market expansion....

19-Nov-24 05:32 AM

Read Full News
Government to Provide Loans and Interest Subsidy for Tractors and Farm Equipment: How Farmers Can Benefit

Government to Provide Loans and Interest Subsidy for Tractors and Farm Equipment: How Farmers Can Benefit

The government offers loans with up to 7% interest subsidy for farmers, easing access to affordable funds for agricultural and other needs....

12-Nov-24 06:14 AM

Read Full News
Domestic Tractor Sales Rise in October 2024: 1,44,675 Units Sold with 22.37% Growth

Domestic Tractor Sales Rise in October 2024: 1,44,675 Units Sold with 22.37% Growth

Domestic tractor sales grew by 22.37% in October 2024, with 1,44,675 units sold. M&M Group led the market growth....

11-Nov-24 10:03 AM

Read Full News
Mahindra Farm Equipment Raises Growth Outlook for FY25, Aiming for 16% Tractor Market Growth in H2

Mahindra Farm Equipment Raises Growth Outlook for FY25, Aiming for 16% Tractor Market Growth in H2

Mahindra Farm Equipment raises its FY25 growth forecast, targeting 16% tractor market growth, with a focus on alternative fuels....

11-Nov-24 07:29 AM

Read Full News

Ad

Ad

As featured on:

entracker
entrepreneur_insights
e4m
web-imagesweb-images

Registered Office Address

Delente Technologies Pvt. Ltd.

M3M Cosmopolitan, 12th Cosmopolitan,

Golf Course Ext Rd, Sector 66, Gurugram, Haryana

pincode - 122002

Join CMV360

Receive pricing updates, buying tips & more!

Follow Us

facebook
youtube
instagram

COMMERCIAL VEHICLE BUYING BECOMES EASY AT CMV360

We bring great transparency on pricing, information and comparison of tractors, trucks, buses and three wheelers.