India Region

Punjab government to provide subsidy on purchase of agricultural machinery

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27 February 2023, Chandigarh: The Punjab Government led by Chief Minister Bhagwant Mann will provide subsidy to the farmers of the state to purchase various agricultural machinery and set up custom hiring centres.

Giving this information, the Punjab Agriculture and Farmers Welfare Minister Kuldeep Singh Dhaliwal said that the farmers of the state can take avail this subsidy by applying online on the department’s website by 28 February 2023 for availing help individually and to set up custom hiring centers.

The Agriculture Minister said that this step has been taken to promote agricultural machinery in the state under the Sub Mission on Agricultural Mechanization (SMAM) scheme. He said that under this scheme, farmers can avail subsidy on machines individually and through custom hiring centres, panchayats, cooperatives, rural entrepreneurs, farmer producer organizations (FPOs), registered farmer groups etc.

Mr. Dhaliwal told that for individual farmers, Laser Land Leveler, Potato Planter (Automatic), Potato Planter (Semi Automatic), Air Assisted Sprayer, Pneumatic Planter, Power Weeder (Engine/PTO Operated), Tractor Operated Fertilizer Broadcaster, Paddy Transplanter (Self Propelled) Ride on and Walk Behind), Raised Bed Planter, SubSoiler, Single Row Forage Harvester, Potato Digger, DSR Drill, Tractor Operated Sprayer (Boom Sprayer), Power Harrow, Tractor Operated Plate Planter with Pre Emergence Herbicide Strip Applicator (Lucky Seed Drill) etc., subsidy can be availed.

 The Cabinet Minister said that different categories of Custom Hiring Centers falling in the cost brackets of Rs. 10 lakhs, 25 lakhs, 40 lakhs and 60 lakhs etc. would be able to get subsidy for the purchase of machines.He said that the subsidy rates for general category are 40 percent, 50 percent for specialty components, and 40 percent for custom hiring centers.

 Mr. Dhaliwal invited the state’s farmers and various groups associated with farmers to take advantage of subsidies on the purchase of machines and adopt mechanization in agriculture, saying that by adopting mechanization, farmers can increase their income. He said that farmers can also meet their District Chief Agriculture Officer for more information.

Also Read: Union Budget 2023: An Overview of the Focus on Agriculture

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)

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