Tractor Subsidy in India
Tractor Subsidy by Government of India- Agriculture Ministry
Under the mechanization component of the Macro-Management Scheme of Agriculture, there is a provision of subsidy for promoting agricultural mechanization.This scheme is open to all the categories of farmers and the subsidy pattern is indicated below:
1.Tractor: @25% of the cost limited to Rs.30,000/- for buying Tractors of upto 35 PTO HP
2. Power Tiller: @25% of the cost limited to Rs.30,000/- for buying Power Tiller (8 HP & above)
3. Self propelled Reaper, paddy transplanter and other similar self propelled machines: @25% of the cost limited to Rs.30,000/-
4. Specialized power driven equipment such Zero-till-Seed Drill, Raised Bed Planter, Sugarcane cutter planter, potato planter, potato digger, groundnut digger, roatavator, straw reaper, strip till drill, tractor drawn reaper, cleaner-cum-grader, dryer, stubble shaver, mobile fruit harvester, power weeder etc.: @25% of the cost limited to Rs.20,000/-
5. Manually operated implements/tools: @25% of the cost limited to Rs.2,000/-
List of tractor of various make models up to 35 pto hp eligible for govt. Subsidy Scheme (approved by ministry of agriculture govt. of India)
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