Pradhan Mantri Kisan Tractor Yojana 2022: Get up to 20 - 50% subsidy from the government

By : Tractorbird News Published on : 10-Nov-2022

PM Kisan Tractor subsidy scheme: Since Indian farmers are the strength of the agro-industry, it is necessary that all possible support is provided to them, so that they can contribute more to the overall economy. Farm mechanization works to increase overall productivity and profitability. There are several new-age machines (including tractors) as well as attachments that can help Indian farmers improve productivity, which in turn will increase their income. Though the tractors are resourceful, most of the marginal or small farmers in India find it difficult to purchase them due to their pricey cost. The majority of Indian farmers are pushed to perform traditional farming methods with the help of animals. Hence a Kisan tractor subsidy scheme has been brought into action under which Indian farmers can receive up to 20-50% subsidy on the purchase of any tractor. Marginal farmers or those facing financial difficulties can afford to buy a tractor under this scheme. Pradhan Mantri Kisan Tractors Yojana 2022 | Tractor subsidy for farmers

Farmers who are unable to afford financially will get up to 20 - 50% subsidy from the government on the purchase of new tractors under the scheme of Pradhan Mantri Kisan tractor yojana. While the Good and Service tax and other related costs are to be paid by the farmer under this scheme, the 20-50% subsidy total is paid on the actual cost of the purchased tractor. Farmers are requested to submit the application under this subsidy scheme from state governments. Eligibility Criteria for the Pradhan Mantri Kisan Tractor Yojana 2022 | Documents Required

  • A farmer must have his own/documented cultivable land.
  • The Aadhar PAN card should be linked with any bank account in India.
  • The yearly/annual income of the farmer (including family) should be under Rs 1.5 lakh.
  • If the farmer already owns a tractor, then he/she will not be eligible for the subsidy scheme.
  • The benefit of the PM Kisan Tractor subsidy scheme will be provided to a farmer on the purchase of one tractor only.
Required Documents Pradhan Mantri Kisan Tractor Yojana 2022
  • Farmer's Aadhar card copy
  • Farmer's pan card copy
  • Copy of Khasra Khatauni
  • Bank account details-Passbook statement
  • A Registered Mobile number linked with the Aadhar card
  • Passport size photo
How to apply for the Kisan Tractor subsidy online? Farmers who can qualify above-stated eligibility criteria can avail of the subsidy scheme 2022 with the Public service center/ common service center portal. Get further detailed information about this subsidy scheme by reaching out to the district’s Agriculture Department.     

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