Golden Opportunity for 55% Subsidy on Track-Type Paddy Harvesters, Apply Soon

With the rapid advancement in agricultural technology, adopting modern machinery is essential for efficient farming. The track-type paddy harvester is designed to simplify and streamline the paddy harvesting process. To support farmers, the government is offering a subsidy of up to 55%, making it easier and more affordable to purchase this advanced machine. Applications are now open for farmers in Madhya Pradesh, and interested applicants can apply until November 10, 2024. Let’s explore the details of this scheme.

Need for the Scheme:

Mechanization in agriculture has become increasingly important. Machines like the paddy harvester make farming easier and more cost-effective, saving both time and labor for farmers. This specialized equipment also reduces crop wastage during the harvesting process, ensuring maximum yield.

Subsidy on Track-Type Paddy Harvester:

The Madhya Pradesh government is providing a subsidy of up to 55% on the track-type paddy harvester, accessible to all categories of farmers, with special benefits for small and marginal farmers.

Scheme Overview in UP and Bihar:

Uttar Pradesh and Bihar, this initiative is known as the "Agricultural Mechanization Scheme," where farmers can also avail of subsidies on track-type paddy harvesters, benefiting the local farming community.

Scheme Introduction in Madhya Pradesh: In Madhya Pradesh, this program is launched under the "E-Krishi Yantra Anudan Yojana." Farmers in 13 districts are eligible for a subsidy on track-type paddy harvesters to facilitate the paddy harvesting process.

Application Deadline: The application deadline is November 10, 2024. Afterward, on November 11, 2024, the government will select farmers through a lottery process.

Subsidy Rates for Farmers:

1. Small and Marginal Farmers: Up to 55% subsidy on the unit cost.
2. Other Farmers: Up to 45% subsidy on the unit cost.

Demand Draft (DD) Requirement: To apply for this scheme, farmers must obtain a Demand Draft (DD) of ₹2 lakhs, addressed to the Assistant Agricultural Engineer, and upload it during the online application process.

Required Documents: For the application process, farmers will require the following documents.

1. Aadhaar Card
2. Bank Passbook
3. Caste Certificate
4. Passport-sized Photo
5. Mobile Number

Where to Apply: Applications opened on October 30, 2024. In Madhya Pradesh, the subsidy application process for agricultural equipment is entirely online. Interested farmers can apply via the E-Krishi Yantra Anudan Portal, or they can also register and complete the application process at a nearby CSC center. This initiative is an excellent opportunity for farmers to access advanced technology at an affordable cost, supporting efficient and profitable farming.

Read More... Good news for farmers, get up to 50% subsidy on agricultural machinery, apply soon