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Complete guide to Jharkhand Kisan Tractor Yojana 2023 – eligibility, subsidy rates, loan assistance, and application process for tractors and agri‑equipm...
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.
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.
| Tractor Purchase | 50 % subsidy on the on‑road price |
| Loan Component | Up 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 Component | Remaining amount can be financed through bank loans |
For the latest official notifications and detailed guidelines, refer to the Jharkhand Government’s agriculture portal or contact your nearest bank.
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.
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