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Kisan Tractor Yojana: किसानों के लिए बड़ी खुशखबरी, ट्रैक्टर खरीदने पर मिल रही है सब्सिडी

Complete guide to Jharkhand Kisan Tractor Yojana 2023 – eligibility, subsidy rates, loan assistance, and application process for tractors and agri‑equipm...

📅 Updated 21 Nov 2023
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Kisan Tractor Yojana 2023 – Complete Guide for Jharkhand Farmers

The Jharkhand Government has launched the Kisan Tractor Yojana to make tractors and other agricultural equipment affordable for eligible farmers. Under this scheme, farmers can receive a subsidy of 50 % on tractor purchase and up to 80 % on other agri‑machinery, with the balance financed through bank loans.

About the Scheme

Kisan Tractor Yojana aims to boost agricultural productivity by reducing the cost of mechanisation. A dedicated budget of ₹90 crore has been allocated to support eligible farmers in acquiring tractors and related equipment.

Eligibility Criteria

  • Resident of Jharkhand (original domicile).
  • Owner of cultivable land between 3 hectares (≈7.5 acres) and 10 acres.
  • Land‑holding farmers only; land‑less farmers are not eligible.
  • Priority is given to ST, SC, OBC, and women farmers.

Subsidy & Loan Details

Tractor Purchase50 % subsidy on the on‑road price
Loan ComponentUp to ₹10 lakh can be availed as a bank loan for the remaining amount
Agricultural Equipment (other than tractors)Up to 80 % subsidy on the equipment cost
Loan ComponentRemaining amount can be financed through bank loans

How to Apply

  • Visit any participating bank (public or private) in Jharkhand.
  • Inquire about the Kisan Tractor Yojana subsidy and loan facilities.
  • Submit land records, identity proof, and bank details as per the bank’s requirement.
  • The bank will process the subsidy claim and disburse the loan amount directly to the tractor/equipment dealer.

Why Join This Scheme?

  • Significant reduction in capital outlay for mechanisation.
  • Enhanced access to modern farming equipment.
  • Improved agricultural productivity and income.
  • Special consideration for marginalized and women farmers.

Official Links

For the latest official notifications and detailed guidelines, refer to the Jharkhand Government’s agriculture portal or contact your nearest bank.

Frequently Asked Questions

  • What is the maximum subsidy for a tractor? 50 % of the on‑road price.
  • Can I get a loan for the remaining amount? Yes, up to ₹10 lakh can be obtained as a bank loan.
  • Is the scheme available for land‑less farmers? No, only farmers with at least 3 hectares of cultivable land are eligible.
  • Which categories receive priority? ST, SC, OBC and women farmers.
  • Is an online application required? No, applications are processed through participating banks.
  • What is the subsidy rate for other agricultural equipment? Up to 80 % of the equipment cost.
  • Is there a limit on the size of land? Eligibility is for land holdings between 3 hectares and 10 acres.
  • How is the subsidy disbursed? The bank releases the subsidy directly to the dealer after verification.

Conclusion

Kisan Tractor Yojana 2023 provides a valuable financial boost for Jharkhand’s farmers, enabling them to acquire tractors and modern agricultural tools at a fraction of the cost. By meeting the eligibility criteria and coordinating with local banks, eligible farmers can significantly enhance their farming efficiency and income.

Explore more government job updates and schemes at Latest Jobs, Govt Jobs, and related sections.

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