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Home FINANCE Good News! Government will give 50% subsidy on buying tractor, know how...

Good News! Government will give 50% subsidy on buying tractor, know how you will get benefit

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PM Kisan Tractor Yojana: Modi government is offering many schemes to increase the income of farmers and help them financially. Under PM Kisan, Rs 6000 is deposited annually in the account of farmers. Farmers also need many types of machines for farming.

In such a situation, to help the farmers, the central government is giving subsidy on buying tractors. This subsidy is being given under ‘PM Kisan Tractor Yojana’. Let us know about this scheme in detail.

Great plan of government

Actually, tractor is very important for farmers for farming. But there are many farmers in the country who do not have a tractor due to poor economic condition. In such a dire situation, they have to hire tractors or use oxen. In such a situation, the government has brought this scheme to help the farmers. Under PM Kisan Tractor Yojana (PM Kisan Tractor Yojana Benefits), farmers will be provided tractors at half the price.

Will get 50 percent subsidy

The Central Government provides subsidy (PM Kisan Tractor Yojana) to farmers to buy tractors. Under this, farmers can buy tractors of any company at half the price. The rest half of the money is given by the government as subsidy. Apart from this, many state governments also provide subsidy of 20 to 50 percent on tractors to the farmers at their own level.

How to take advantage of this scheme?

Let us tell you that this subsidy will be given by the government only on the purchase of 1 tractor. If you also want to take advantage of the scheme, then the farmer should have Aadhar card, land papers, bank details, passport size photo as necessary documents for this. Under this scheme, farmers can apply online by visiting any nearest CSC center.

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