Sunday, November 27, 2022

PM Kisan Tractor Yojana: The government will provide a 50% subsidy on tractor purchases; learn how to qualify.

The Prime Minister’s Kisan Tractor Yojana offers farmers a subsidy to help them purchase tractors. Farmers can use this to get half-price tractors from any manufacturer.

PM Kisan Tractor Yojna, New Delhi: Farmers’ income is being increased by the Modi government. The government has a number of programs in place to assist farmers financially. Farming also necessitates the use of a variety of machines. In such a situation, the central government has launched a scheme to provide farmers with a subsidy on tractor purchases. PM KisanTractor Yojana is the name of this scheme. Know more about this scheme.

The government is prepared to assist farmers.

Tractors are quite crucial to farmers when it comes to farming. However, due to financial constraints, many farmers in India do not own a tractor. They employ tractors or use oxen under such terrible circumstances. In such a situation, the government has implemented this program to aid farmers. Farmers will receive tractors at half the cost under the PM Kisan Tractor Yojana (PM Kisan Tractor Yojana Benefits).

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Will receive a 50% subsidy

Farmers can purchase tractors with a subsidy from the Central Government (PM Kisan Tractor Yojana). Farmers can buy tractors from any firm at half the price under this program. The government provides the remaining half of the funds as a subsidy. Aside from that, several state governments offer farmers a 20 to 50 percent tractor subsidy at their own level.

Who will gain from it

The government will only provide this subsidy if you buy one tractor. The farmer will need an Aadhar card, a land title, bank account information, and a passport-size photo for this. Farmers can apply for this program online or in a CSC location near them.

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