Tractor News

Govt to Subsidize Compost Spreader Machines by Up to 60%- Know Application Process, Benefits & Last Date

Bihar government is offering a subsidy of up to Rs 63,000 to farmers who purchase compost spreader machines. This subsidy is available to all farmers, with a focus on small and marginal farmers. The application deadline is November 10th.

Govt to Subsidize Compost Spreader Machines by Up to 60%- Know Application Process, Benefits & Last Date
Govt to Subsidize Compost Spreader Machines by Up to 60%- Know Application Process, Benefits & Last Date

Farmers are the backbone of agriculture, responsible for cultivating crops and raising livestock to feed the world. Tractors and farm machines are indispensable tools in their livelihood, enhancing efficiency and productivity. Farm machines like combines, plows and irrigation systems further mechanize farming, ensuring a sustainable and secure food supply. Together, farmers and these machines drive the agricultural industry, sustaining communities and economies.

Hence, to support farmers, the government of Bihar is offering subsidy incentives for the acquisition of agricultural machinery, with a particular focus on small and marginal farmers. Among the range of available agricultural equipment, the state government is granting a subsidy of Rs 63,000 to farmers who invest in compost spreader machines. This machinery enables farmers to efficiently apply fertilizers and manure to their fields. Farmers in the state interested in availing the subsidy for compost spreader machines have the opportunity to apply for it until November 10th.

Compost Spreader Machine

A compost spreader machine is a specialized agricultural device designed to evenly distribute compost, manure, or fertilizers onto fields or crops. This equipment streamlines the application process, ensuring efficient and consistent coverage, which promotes soil health and enhances crop yields. Farmers use compost spreaders to manage soil fertility and provide essential nutrients to their plants while reducing manual labor and saving time.

Also Read:- Farmers Can Get 50% Subsidy on Tractor Mounted Sprayers, Know Application Deadline, Apply Now!

Subsidy on Compost Spreader Machine

  • Subsidy Benefit: Farmers can avail of a substantial subsidy of up to 60% when purchasing a compost spreader machine.
  • Categories Eligible for 60% Subsidy: Farmers belonging to Scheduled Castes, Scheduled Tribes, and extremely backward classes are entitled to a 60% subsidy, capped at a maximum of Rs 63,000.
  • Subsidy for General Farmers: General farmers are eligible for a 50% subsidy, up to a maximum of Rs 50,000.
  • Eligible Machine Horsepower: This subsidy applies to compost spreader machines with a horsepower rating exceeding 40 HP.

Price of Compost Spreader Machine

Several companies manufacture compost spreader machines, with Captain and Shaktiman machines being particularly popular.

Price Range: In terms of pricing, the estimated cost of a Shaktiman Compost Spreader typically falls within the range of Rs 45,000 to Rs 50,000.

Also Read:- Get 60% Subsidy on Tractor-Driven Disc Ploughs, Get Implement at Discounted Prices, Apply Now

Required Documents

Following are the required  documents one will need, to apply for a subsidy on a compost spreader machine are as follows:-

  • The Aadhaar card of the applying farmer
  • Farmer's mobile number linked to Aadhaar
  • Passport-size photo of a farmer
  • Farmer's bank account details, copy of bank passbook 
  • Computerized bill for purchase of agricultural equipment
  • self-certified letter
  • RC for tractor-driven equipment

Application Process for Compost Spreader Machine Subsidy

Eligibility in Bihar: Residents of Bihar can access a subsidy of up to 60% on compost spreader machines through the Agricultural Mechanization Scheme.

Online Application: To avail of this subsidy on agricultural equipment, applicants must apply online. The official website for the Agricultural Mechanization Scheme in Bihar is https://farmech.bih.nic.in/FMNEW/Homenew.aspx#.

Application Deadline: The application deadline is set for November 10, 2023, giving prospective beneficiaries ample time to apply.

Conclusion

For Bihar residents, the Agricultural Mechanization Scheme offers a valuable opportunity to secure a significant subsidy on compost spreader machines. The online application process is straightforward and accessible, with a reasonable application deadline. Farmers are encouraged to take advantage of this scheme during office hours to enhance their agricultural capabilities and efficiency.

Also Read:- Good News: Get 50 % Subsidy on Square Baler, Know Application Details, Apply Before this Date

Share your comments