Respite from renting a tractor! Government will help in buying tractor, know how to apply

Modernization has taken place in every field. In this regard, various modern techniques and machinery are being used to make farming easier, saving both time and labor while also improving the quality of products. Keeping this in mind, the Indian government has initiated the "Kisan Tractor Yojana" to assist the backbone of Indian agriculture. The objective of this scheme is to provide assistance to those needy farmers who cannot afford to purchase tractors. Under this scheme, farmers are provided with a subsidy of approximately 50% for the purchase of tractors.

Benefits of the scheme:

1. The use of tractors is crucial in farming. To reduce the cost incurred in renting tractors, this scheme was introduced. Any farmer who wishes to purchase a tractor for agricultural activities can apply through this scheme. After verification, the government will provide a subsidy of 20% to 50% on the purchase of a new tractor.

2. The benefit of the Prime Minister Kisan Tractor Scheme will be transferred to the bank account, so having a bank account is mandatory when applying.

3. The subsidy provided by the government on the purchase of new tractors varies by state. The subsidy is shared by both the central and state governments, with up to 50% of the cost paid by the government.

4. This scheme focuses on the empowerment of women engaged in cutting crops in the country. Women will receive more benefits under the Prime Minister Kisan Tractor Scheme 2023.

Eligibility Criteria:

1. Applicants must be permanent residents of India.
2. The applicant must be between 18 and 60 years of age.
3. The annual family income of the applicant should be less than INR 1,50,000.
4. Applicants who have received the benefits of any central or state government tractor subsidy scheme in the last 7 years are not eligible.
5. Only one person from each family is considered eligible to avail the subsidy for tractor purchase.

Scheme-Related Conditions:

1. To avail the benefits of the scheme, the applicant should not have received a subsidy for any agricultural machinery under any other scheme.

2. Remember that when applying for the purchase of a tractor, you must contribute 50% of the tractor's cost from your own pocket after the scheme's approval.

3. Having a bank account is mandatory when applying for the scheme. The Aadhar card must be linked to your bank account.

4. To be eligible for the scheme, the applicant must be farming on land registered in their name. If the land is registered under someone else's name, the farmer cannot apply for the tractor subsidy.

Important Documents to Keep:

To apply for the scheme, the applicant should have the following documents: Aadhar Card, Identity Proof (such as Voter ID, PAN Card, Passport, Driver's License), Legal documents for land ownership, bank account details/passbook, category certificate, passport-sized photos, and other necessary documents.

If you are applying offline, visit your nearest Common Service Center (CSC) with the required documents to apply. The CSC operator will record your documents and information online and charge a nominal fee. Many states also offer online application facilities for the scheme.