50% Tractor Subsidy Scheme: The government started a tractor scheme for farmers in which tractor operators will get a 50% subsidy on tractors from the government while purchasing a new tractor. If you are planning to purchase a new tractor, then you can check the information of the Government and sponsor scheme of providing a 50% Tractor Subsidy Scheme 2024 in this article. After that, you can purchase the tractor according to your Tractor Subsidy Scheme eligibility.
Tractors are very useful for multiple purposes including farming. Many Farming tools can be connected with these Tractors and can be used for farming purposes. During this election season, farmers and normal citizens are getting benefits from the new scheme from their government.
Recently a committee has approved the provision of providing a 50% subsidy on tractors and now it is ready to present in the cabinet. Once the 50% Tractor Subsidy Scheme 2024 is approved in the cabinet meeting, all the residents of Jharkhand state will get a 50% subsidy on tractors. There is a high possibility to approve this proposal as state elections and Parliament elections are very near so it may be a helpful decision for farmers and residents of Jharkhand state.
50% Tractor Subsidy Scheme 2024
According to the proposal approved by the committee, the government is planning to provide a 50% subsidy for those who want to purchase a new tractor. It means if any person purchases a tractor cost of 5 lakh Rupees then he will get a 2.5 lakh subsidy and have to pay only 2.5 lakh. However, the cabinet can reduce or include other important features in this Tractor Subsidy Yojana 2024 at the time of discussion in the cabinet.
Apart from subsidies on Tractors, there is also a special plan for farmers who want to purchase 2 farming tools that can be connected to the tractor and help in farming. These farmers will get an 80% subsidy on farming types of equipment for Tractors. So farmers in the state of Jharkhand will get double the benefit if they are going to purchase a tractor and supporting tools and types of equipment for tractors that can be used in farming.
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50% Tractor Subsidy Scheme 2024: Highlights
| Name of the scheme | 50% Tractor Subsidy Scheme 2024 |
| Category | Scheme |
| Launched by | Government of India |
| Beneficiary | Farmers |
| Objective | To provide subsidies to farmers to purchase tractors for agriculture |
| Implementing Authorities | State Government |
| Application process | Online and Offline |
Features & Benefits of 50% Tractor Subsidy Yojana 2024
- Farmers are the target beneficiaries of this scheme.
- Under the scheme, eligible farmers are provided a 20 to 50 percent subsidy for purchasing a new tractor for farming.
- The state authorities will implement the plan.
- The subsidy provided by the government is transferred directly to the applicant’s bank account.
- Applications can be submitted in either online or offline mode. It depends on the state.
Jharkhand Tractor Subsidiary Eligibility 2024
According to the provided information by various authorities, The Tractor Subsidy Scheme 2024 can include the following eligibility criteria to provide the benefit of a 50% subsidy on the tractor
- Only Indian citizens who are residents of Jharkhand state will only eligible to apply in this Tractor Subsidy Yojna 2024.
- All the farmers and farmers groups in Jharkhand state including Farmers groups, Women self-help groups, Jal panchayat, and other farmers organizations will get benefits according to their district.
- Apart from this, farmers who have already approximately 10 acres of land for farming will get priority in this scheme.
- If you have for any member of your family has a license for a tractor then these members will also get priority from the government to provide the benefit of Jharkhand’s 50% tractor subsidy scheme 2024.
Documents required for 50% tractor subsidy scheme 2024
Applicants need to keep all the required documents ready while submitting application for the same. These documents include : –
- Applicant’s Aadhar Card
- Valid ID card – (like voter ID, PAN card, Passport, or Driving license)
- Legal documents of land owned by the applicant
- Bank Account Details / Bank Passbook
- Category Certificate, as applicable
- Capacity
- Passport size Photo of the applicant
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How to apply for a 50% tractor subsidy scheme 2024?
The government has not started an online application and has not invited applicants yet to apply for this scheme. However, if you have lived in the Jharkhand State for many years have complete eligibility criteria, and have all your important documents then you should visit your Gram Panchayat or district office.
After that, we have to ask application form for the 50% tractor subsidy scheme in Jharkhand state fill in the information in this application form and attach all the photocopies of documents including Aadhar card, pahchan Patra, Jharkhand state domicile, income Proof, Proof of farming land etc. After that, you are application will be successfully submitted and you will get the Subsidy amount soon if you are eligible for this scheme.
Details to be filled in Jharkhand 50% Tractor Scheme Application Form
Applicants ie, farmers, are required to provide all the information as asked in the application form. Candidates must ensure that they fill all the details with utmost care and all the entries should be correct. To make sure all the entries are filled with care, they must keep all the required documents ready with them and refer them when required.
The essential information which every applicant farmer is required to fill is listed below.
- Applicant / Farmer Name (as mentioned in the Aadhaar Card)
- Date of Birth
- Gender
- Caste/Category
- Father / husband name
- Full address details
- Land description
- Name of the State
- Bank Details such as Bank name, Branch, Account number, IFSC Code, etc.
- Email Address
- Mobile Number
- Other required information
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Jharkhand 50% tractor subsidy scheme amount
Farmers will get a Subsidy amount in their bank account after purchasing a new tractor. It will be transferred to the bank account directly through DBT mode in the bank account of the beneficiary.
So if you are going to purchase a complete setup of tractors including one tractor and 2 farming equipment, then you will get 80% subsidiary and farming equipment and a 50% subsidy on the tractor from the government.
FAQ’s : Jharkhand 50% Tractor Subsidy Scheme 2024
What is the subsidy amount given for PM Kisan Tractor Scheme ?
Under the scheme, the government is providing 20% to 50% subsidy on the tractors to be delivered.
Is there any specifications for the cost of tractors to be purchased under the scheme ?
No. There are no details on the cost of tractors to be purchased under this scheme. Farmers can buy tractors as per their requirement.
What is the application process for Jharkhand 50% Tractor Scheme 2024?
Farmers can apply for the scheme through CSC anytime online or offline, whichever application is available for your state.
How will the Jharkhand 50% Tractor Subsidy Yojana amount received?
The subsidy amount under the scheme will be provided to the farmers through Direct Bank Transfer (DBT) in the registered bank account of the beneficiary.
What is the benefit of Kisan 50% Tractor Subsidy Scheme 2024?
The major benefit of this scheme is to provide 20-50% subsidy while purchasing a new tractor for farming the Indian farmers are the target beneficiaries and the scheme is to be implant by the state government.