Subsidy Programme - MP Government Provides Subsidy on Small Tractors
Madhya Pradesh Government offers subsidy program for the small tractors purchase to help farmers in their farm work.
Under Centrally Sponsored Macro-Management Scheme in which sharing pattern between Union Government and State Government is in the ratio of 90:10.
According to this subsidy scheme, all category of farmers are eligible for subsidy on purchase of small tractors.
The tractors are up to 35 P.T.O. Horsepower up to Rs.30, 000/- subject to maximum of 25% of the cost.
Since availability of tractors in Madhya Pradesh is comparatively low, farmers are coming forward in large number to avail the benefit of this programme.
The programme is tied with institutional credit.
For More Details: http://www.mpkrishi.org/EngDocs/AgriLeft/alliedAgenciesagriEngineering.aspx