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Subsidy for Purchasing Combine Harvester

The Department of Agriculture, Cooperation & Farmers Welfare has implemented Sub-Mission on Agricultural Mechanization. Under this Sub-Mission by the Department of Agriculture, Cooperation & Farmers Welfare, subsidy @ 40% of the project cost limited to a maximum of Rs. 24 lakhs, whichever is less, is extended to the rural entrepreneurs, progressive farmer and self-help groups for establishment of farm machinery banks for custom hiring comprising of various agricultural machinery & equipment including combine harvester.

This information was given by the Minister of State for Agriculture &Farmers Welfare Sh. Mohanbhai Kalyanjibhai Kundaria in Rajya Sabha.

Source: http://pib.nic.in