Farmers in India can avail up to 50% or 5 lakh subsidy on 4WD tractors
26 December 2023, New Delhi: Farmers in India get subsidies on agriculture equipment based on the type of machine and beneficiary type. Combining both these aspects, various combinations are available to avail subsidy options for a farmer. The subsidy is provided under Sub-Mission on Agricultural Mechanization (SMAM). Below is the Pattern of Financial Assistance under Sub-Mission on Agricultural Mechanization (SMAM). More details can be found on website https://farmech.gov.in
| Type of Agricultural Machinery – Tractors | Maximum Permissible subsidy per Machine / Equipment perbeneficiary (For SC, ST, Small & Marginal farmers, Women) | Pattern of Assistance (For SC, ST, Small & Marginal farmers, Womenand NE States beneficiary) | Maximum Permissible subsidy per Machine / Equipment perbeneficiary (For other beneficiary) | Pattern of Assistance (For other beneficiary) |
| (i] Tractor 2WD (upto 20 PTO HP) | Rs. 2.00 lakh | 50% | Rs. 1.60 lakh | 40% |
| (ii} Tractor 4WD (upto 20 PTO HP} | Rs. 2.25 lakh | 50% | Rs. 1.80 lakh | 40% |
| (iii) Tractor 2WD Jabove 20— upto 40 PTO HP) | Rs. 2.50 lakh | 50% | Rs. 2.00 lakh | 40% |
| (lv] Tractor 4WD (above 20- upto 40 PTO HP) | Rs. 3.00 lakh | 50% | Rs. 2.40 lakh | 40% |
| (v) Tractor 2WD (above 40 PTO HP) | Rs. 4.25 lakh | 50% | Rs. 3.40 lakh | 40% |
| (vi) Tractor 4WD (above 40 PTO HP) | Rs. 5.00 lakh | 5O% | Rs. 4.00 lakh | 40% |
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