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Rotavator Subsidy Scheme- Now Farmers can Avail 50% Subsidy on the Purchase of Rotavator

The government has introduced a rotavator subsidy scheme to assist farmers in purchasing this essential farm machinery. This initiative thereby, makes the rotavators more affordable and beneficial for enhancing their farming practices.

Rotavator Subsidy Scheme- Now Farmers can Avail 50% Subsidy on the Purchase of Rotavator
Rotavator Subsidy Scheme- Now Farmers can Avail 50% Subsidy on the Purchase of Rotavator

The rotavator subsidy scheme is a government initiative aimed at supporting farmers in acquiring essential agricultural equipment. Through this scheme, eligible farmers can avail up to 50% subsidy on the purchase of rotavators from authorized dealers. By providing financial assistance, the government aims to promote modern farming techniques, thereby increasing productivity, and improving the overall well-being of farmers, making the rotavator a more accessible and beneficial farm machinery for agricultural practices.

We have provided a detailed guide on the objective of the scheme, benefits, terms & conditions, and application process.

Rotavator Subsidy Scheme Objective

Both the central and state governments collaborate to offer subsidies to farmers across the country to aid them in procuring agricultural equipment. One such subsidized machinery is the rotavator, which facilitates soil preparation in fields. Under this scheme, farmers can avail a subsidy of up to 50% on the purchase of a rotavator from authorized dealers. This means that farmers are required to bear only half of the total cost, making the equipment more affordable and accessible to them.

For example, if the cost of a rotavator is Rs 50,000 then farmers have to pay Rs 25,000 for the rotavator.

Rotavator Subsidy Scheme Highlight

Rotavator Subsidy Commissioned by

Central & State Government

Website of Krishi Yantra Yojana

https://pmksy.gov.in/

Objective

To provide subsidies to farmers on purchasing rotavators

Subsidy on Rotavators in 2023

50-80%

Concerned Department

Agriculture Department, Govt. of India

Mode of Application

Online/Offline

Rotavator Subsidy Scheme- Terms& Conditions

  • Only farmers possessing cultivable land are eligible to apply for the rotavator subsidy scheme.
  • Each family can nominate only one farmer for subsidy consideration on the rotavator purchase.
  • Eligible farmers must have an active bank account, and it is mandatory to link it with their Aadhaar card.
  • Farmers who have previously received rotavator subsidies cannot avail of the subsidy again within a specified period.
  • The rotavator must be listed as approved agricultural equipment by the state agriculture department to qualify for the subsidy.
  • Once the farmers meet all the eligibility criteria and conditions, they can proceed with the online application process for the rotavator subsidy.

Also Read:- Farm Machinery Bank Yojana,2023- Get 80% Subsidy on Agriculture Machinery & Increase Income

Rotavator Subsidy Scheme Application Process

To apply for the rotavator subsidy in 2023, follow these steps:-

  • Visit the official website of the Agriculture Department and click on the "Register Online" link.
  • Choose either the "through biometric" or "without biometric" option based on your preference.
  • Fill out the online application form with accurate details, including district, tehsil, village name, farmer class, selected rotavator model, Aadhar card number, mobile number, bank name, and date of registration, and upload the required TD document.
  • Silence the device and click on the "capture finger" option to generate your application number.
  • Note the application number for future reference to check the status of your subsidy application online.
  • Complete the online form submission to avail of the subsidy on the rotavator purchase.

Conclusion

The government's subsidy on rotavators provides significant support to farmers, promoting the adoption of modern agricultural practices. The subsidy percentage varies across states, but it remains a valuable initiative to enhance farming productivity and ease the financial burden on farmers. By streamlining the application process through online platforms and local centers, the government aims to facilitate easy access to this beneficial scheme for farmers across the country.

Also Read:- Good News for Farmers- Application Date Extended: Avail Subsidy on Different Agricultural Machinery

Frequently Asked Questions (FAQs)

What is the percentage of subsidy provided by the government on rotavators?

The government offers subsidies ranging from 50% to 80% on rotavators under the Agricultural Machinery Subsidy Scheme. However, the exact subsidy amount may vary between different states.

Where can farmers apply for the subsidy on rotavators?

Farmers can apply for the rotavator subsidy by visiting the official portal of the Agriculture Department in their respective states and clicking on the "Register Online" option. Alternatively, they can also visit the local Agriculture Department office, E-Mitra, CAC Center, or Atal Seva Kendra in their village to fill out the online form for the subsidy on the rotavator.

Also Read:- Sikkim Achieves 100% Success in Organic Farming: Grow Fruits, Vegetables and Millets Naturally

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