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Krishi Yantra Anudan Yojana- Upto 50% Subsidy on Rotocultivators: Registration, Documents & Last Date

By fostering innovation and supporting farmers in adopting modern agricultural practices, the government is taking significant steps toward ensuring food security and promoting rural development. The Krishi Yantra Anudan Yojana is not just a subsidy scheme; it's a symbol of progress and empowerment for India's agricultural community.

Krishi Yantra Anudan Yojana
Krishi Yantra Anudan Yojana

In a significant move to boost agricultural productivity and assist farmers, the government has rolled out the Krishi Yantra Anudan Yojana, a scheme that provides subsidies on essential agricultural machinery. Under this initiative, farmers can access modern farming equipment at substantially reduced costs, making it more affordable and accessible. One of the focal points of this scheme is providing subsidies for rotocultivators, a versatile agricultural machine used for soil preparation.

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The Krishi Yantra Anudan Yojana: A Lifeline for Farmers

The Krishi Yantra Anudan Yojana is a government-backed subsidy program designed to empower farmers by making advanced agricultural machinery more affordable. The scheme offers substantial subsidies ranging from 40% to 50% on various farming equipment. Priority is given to marginalized sections of society, including Scheduled Castes, Scheduled Tribes, and women farmers, who may receive up to 50% subsidy as per program guidelines.

Security Amount Requirement

To participate in this scheme, farmers are required to deposit a security amount, typically around INR 5,000 for rotocultivators, when submitting their applications. This security amount is a crucial part of the application process. Applications submitted without this security amount will not be considered.

Also Read: KALIA Yojana: Interest-Free Crop Loans Upto Rs. 50,000, Know All About This Scheme, Eligibility Criteria, Features, & Benefits

Documents Required for Application

To apply for subsidies on rotocultivators, farmers need to provide several essential documents, including:

Aadhaar card

Farmer's ID card

Ration card

Income certificate

Land ownership documents

Registered mobile number linked to Aadhaar

Bank account details (a copy of the first page of the passbook)

Demand Draft (DD) for the specified security amount made in favor of the Assistant Agricultural Engineer of their respective district

How to Apply

Farmers can apply for subsidies on rotocultivators through the online application portal of their state's Krishi Yantra Anudan Yojana. The application window for the current cycle opened on September 21, 2023, and the last date for submission is October 2, 2023. Applications received within this period will be considered for the subsidy.

Also Read: Paramparagat Krishi Vikas Yojana (PKVY): Financial assistance of Rs 50,000 - Registration, Eligibility, & Verification

Selection via Lottery

Beneficiary selection under this scheme is conducted through a lottery system. The lottery draw for eligible applicants will be held on October 3, 2023, and the list of selected beneficiaries will be published on the E-Agriculture Equipment Grant Portal.

Important Tips for Preparing Demand Draft (DD)

The name on the Demand Draft should match the name of the applicant applying for the subsidy.

The applicant must ensure that the Demand Draft is made in their name.

The Demand Draft should be uploaded as part of the application process.

Empowering Agriculture for a Prosperous Future

By participating in the Krishi Yantra Anudan Yojana and availing subsidies on rotocultivators, farmers can modernize their farming practices and enhance their agricultural productivity. This scheme aims to empower farmers across the nation, especially those from marginalized communities, by providing them access to advanced farming equipment.

By fostering innovation and supporting farmers in adopting modern agricultural practices, the government is taking significant steps toward ensuring food security and promoting rural development. The Krishi Yantra Anudan Yojana is not just a subsidy scheme; it's a symbol of progress and empowerment for India's agricultural community.

For more information and to apply, visit the official website of the Krishi Yantra Anudan Yojana portal. 

Note: Please note that scheme details and deadlines may be subject to change, so it's crucial to verify the latest information on the official website or through local agricultural authorities.

Also Read: Know About the Govt Schemes & Subsidies Empowering Goat Farming for Farmers

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