AGR-50 Scheme-Assistance To Purchase Tractors

About This Scheme

The scheme “AGR-50 Scheme-Assistance to Purchase Tractors” was started by the Department of Agriculture, Farmers Welfare & Co-operation, Government of Gujarat in the year 2011-12. The scheme was implemented for the farmers to help in buying the tractor in the state. Further, the scheme has been started in the state, considering the tractor's importance, to increase farm mechanization in the state and the demand of farmers from the society. The cost of the tractor was different in the whole state. As a result, small-scale farmers who could not negotiate had to pay a higher price. In order to become available to all the farmers in the state at a price and competitive prices in the state, the model of the tractor companies has been empanelled from the year 2014-15. A tractor is an essential tool for expanding farm mechanization and increasing farm power availability. To adopt power-operated tools/impalements farmers must have a tractor, so assistance is given to farmers for the purchase of tractor. This scheme is a 100% state-sponsored scheme.

Eligibility

1. The beneficiary should be a permanent resident of Gujarat State. 1. Any farmer of Gujarat state is eligible under this scheme. 1. The beneficiary farmer has to purchase the empaneled tractor model of the manufacturer included in the empanelment prepared for the purpose of prize discovery announced by the agriculture department from time to time for tractors from their authorized dealer.

Benefits

1. The financial assistance is given to farmers for the purchase of tractors as below: a) Upto 40 PTO HP Model Tractors: 25% of expense or ₹45,000/-, whichever is less. b) Above 40 PTO HP and up to 60 PTO HP Model Tractors: 25% of expense or ₹60,000/-, whichever is less.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.