Tractor Subsidy In Maharashtra

Tractors Subsidy in Maharashtra

Subsidies and Loans for Tractors in Maharashtra:

Farm Mechanization Scheme:

The government of Maharashtra scheme for farmers to encourage the use of modern methods and machines for the day to day agricultural activities.

Main objectives of the scheme:

• To encourage farmers to use modern methods and machines.
• Provides subsidies to purchase modern agricultural equipment’s and tractors.
• To increase farmer’s income.
• Helps the farmers in simplifying day to day agricultural activities.
• Improves the living standard of the farmers.

Eligibility:

• All the farmers of Maharashtra.
• Small and Marginal farmers.
• SC/ST farmers of the state.
• Self-help farmer groups.

Benefits:

• Small, Marginal and SC&ST farmers: 35% subsidy on Tractor and 50% subsidy on purchase of other implements.
• Other farmers 25% of Tractors cost and 40% subsidy on purchase of other equipment’s.
• Banks can also apply for the scheme in order to provide the loan to the farmers. 

Farm Mechanization Scheme from Bank of Maharashtra:

Farm Mechanization

Type of Facility Term Loan (TL)

Purpose:

• Purchase of Tractors/Power tillers.
• Purchase of Combine Harvesters.
• Purchase of Threshers & other farm implements.
• Purchase of vehicle for transportation for farm usage.

Eligibility:

All farmers- Individual / Joint landholders

Land Holding Criteria

• For Tractor up to 35 HP: the farmer should have a minimum of 4 acres of perennially irrigated land.
• For Tractor above 35 HP: the farmer should have a minimum of 6 acres of perennially irrigated land (Corresponding acreage of dry land or seasonally irrigated land).

Amount:

As per cost of machinery along with implements and accessories.

Margin For tractor / Power tiller unit-

• Loan Up to Rs 1.00 lakh: No Margin.
• For the Loan Over Rs 1.00 lakh: 15 % -25% of the investment cost of the unit.

Repayment Period: 

5 to 9 years, depending upon the purpose of the loan.

Scope of Farm Mechanization

The total power availability of Maharashtra state was 0.70 kW/ ha during the year 2001 which is less than national average of 1.35 kW/ha during the same year. The food grain production of the state is less than the national average. There is great scope for mechanisation in the state and especially horticultural crops. Efforts are on to develop sugarcane combine for harvesting of sugarcane as labour is not available for harvesting. Grapes are being grown and being exported. There is need to mechanise grape production by introducing machines for its planting, application of biogas slurry, fertigation, irrigation, spraying and harvesting. Citrus is also grown on large area and its needs mechanisation. Cotton occupies large area efforts are being made to develop cotton cultivars suitable for harvesting with self-propelled cotton picker. Area under soybean is on the rise and it also needs to be mechanised. The sale of tractors has picked up in Maharashtra since last few years.

Agriculture mechanization:

Assistance can be provided to individual beneficiaries for farm mechanization efforts especially for improved and gender friendly tools, implements and machinery. However, assistance for large equipment e.g. tractor, combine harvester, sugarcane harvester, cotton picker etc. for which individual ownership may not be economically via ble, assistance should only be limited for establishing custom hiring centres under RKVY (Infrastructure & Assets) stream.

Pattern of Assistance

Tractor - @ 25% of the cost limited to Rs.45,000/- tractors up to 40 HP
Power Tiller - @ 40 % of the cost, limited to Rs.45000/- Power tiller 8BHP & above/@ 40 % of the cost, limited to Rs.25000/- Light weight Power tiller below 8BHP for hilly regions
Power driven equipment (Tractor/Power Tiller operated) Intended inclusion of all tractor and power tiller driven conventional equipment/implement - i. @ 25 % of the cost, limited to Rs.10000/- for essential tractor driven implements viz. MB/Disc plough, harrow, cultivator, seed cum fertilizer drill. ii. @ 25 % of the cost, limited to Rs.10000/- for a set of power driven implements i.e. harrow cultivator and seed drill.
Power operated protection equipment - @ 25% of the cost limited to Rs. 2000/-
Tractor mounted protection equipment- @ 25% of the cost limited to Rs. 4000/-

Cold Storage Subsidy Scheme By The Maharashtra State Agricultural Marketing Board

Maharashtra State is the major producer of the fruit and vegetables in the country. With the effective implementation the EGS scheme the cultivated land under horticulture crops in the State increased by almost 500 %. The present level of production of horticultural produce in the State is expected to go up by 100 % within a very short period of next 2-3 years. It is estimated that as much as 30 - 35 % of fruit and vegetable production is lost on account of lack of adequate post harvest infrastructure. Agricultural produce of the farmers do not get remunerative prices due to lack of grading , proper packaging and in turn there is huge post harvest losses. In future establishment of Cold Chain in the State has a prime importance for fetching good prices for agril. produce in the International markets.

The perishable agril produce will get storage facility if cold storages are established by Agricultural Produce Market Committees (APMCs) and Co-operative societies functioning in the various regions of the State. This will not only reduce glut in the market and avoid price fluctuation but it also increase the shelf life and quality of agril produce. Thus in turn the producer would get remunerative prices for their produce.

Keeping this view in mind the MSAMB has launched "Cold Storage subsidy scheme" from 1st of August 2004 in the State.

The scheme details as follows.

Pattern of Assistance -

Subsidy @ 25 % of the total project cost with maximum limit of Rs 2.5 lakhs per project.
- The beneficiary will be eligible for getting subsidy from other financial institutions /agencies.
- The beneficiary can get subsidy for more than one cold storage.

Features Of The Scheme -

Subsidy is available for capacity up to 100 MT cold storage.
The per MT cost of the project is considered @ Rs 10000/- per MT.
The per MT subsidy rate is considered @ Rs 2500 /- per MT.
In-principle approval from MSAMB for the project is necessary.
The Detail Project Report (DPR) of the cold storage must be of the MSAMB - The plan and estimates of the project should be according to the norms finalized by the MSAMB

Eligible Organizations -

The eligible promoters under the scheme shall include Agriculture Produce Market Committees, Co-operative Societies engaged in Processing/Marketing of Fruits vegetables flowers, Co-operative sugar factories, Agril. Producers Co-operative societies.