Bihar Govt Launches Krishi Yantrikaran Yojana, Offers Subsidized Equipment, Grants, and More to Farmers

The Bihar government has launched a new scheme called Krishi Yantrikaran Yojana. The scheme aims to help farmers buy agricultural equipment at a lower price. The program also offers grants for crop residue management and for setting up an agricultural machinery bank.

The Krishi Yantrikaran Yojana is poised to revolutionize the agricultural sector in Bihar by empowering farmers to enhance their productivity and profitability through the adoption of modern agricultural equipment. By making such equipment more accessible and affordable, the scheme has the potential to drive overall agricultural growth and development.

Farmers can now apply for the discount through the OFMAS portal of the Bihar government. Farmers who belong to the SC category or who buy equipment for crop residue management can get a higher discount.

Under the scheme, farmers can get up to an 80 percent discount on a wide range of equipment. The program covers various ranges of agricultural equipment, including trowels, spades, sickles, pump sets, plows, and harvesters.

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The amount of the subsidy varies depending on the category and type of equipment, but it can be as high as 80 percent. SC category farmers and farmers who buy equipment for crop residue management are eligible for a higher grant.

Farmers can also get a 40 percent grant to set up an agricultural machinery bank. This allows farmers to share expensive machinery, which reduces the cost of ownership and operation. Farmers can also get manual agricultural equipment kits for only Rs 200.

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The program has been very popular with farmers in Bihar. As of October 10, 2023, 388 farmers in the Arwal district alone have applied for various agricultural equipment under the Krishi Yantrikaran Yojana.

This program can help farmers to increase their productivity and profitability. The Krishi Yantrikaran Yojana is a great program can also aid farmers to invest in modern agricultural equipment.

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