Govt to arrange 328 agricultural equipment banks which is able to present 80% subsidy

Based on the data, each the schemes will begin from this Rabi season. Publicity visits will even be made for technical coaching to 40 thousand farmers in Rabi season. By taking these farmers to the sphere, the continuing schemes below local weather pleasant farming will probably be proven.

farm gear

There’s a excellent news for the farmers. Bihar authorities will arrange 328 Agricultural Equipment Financial institution in 13 districts throughout the state.

As well as, 25 particular customized hiring facilities will probably be arrange in Patna and Magadha districts. The federal government will give 80 % subsidy on gear below each the schemes. Nevertheless, the utmost grant quantity has been mounted at Rs 8 lakh for Yantra banks and Rs 12 lakh for particular banks.

80% subsidy

Based on the data, each the schemes will begin in the course of the Rabi season. Within the Rabi season, 40 thousand farmers will probably be uncovered and given technical coaching. These farmers will probably be proven the continuing schemes in local weather pleasant farming by going to the sphere with them. When Chief Minister Nitish Kumar launched Rabi Maha AbhiyanThe Agriculture Division The brand new initiatives made for this had been made public.

Grant Allocation:

The Agriculture Secretary directed that every one the schemes embody weather-friendly farming in addition to stubble administration.

The division has introduced that no system shall obtain multiple 50% subsidy. Nevertheless, grant for stubble administration gear might be elevated in uncommon circumstances on the directions of the Secretary. Consequently, the division has put aside 80 per cent subsidy for instrument banks.

The Yantra Financial institution will probably be arrange by farmer teams. These establishing the cluster must lease farm gear to native farmers. This will even generate earnings for the group.

The place will these banks be positioned?

Machine banks will probably be arrange particularly in aspirational districts like Nawada, Katihar, Begusarai, Sheikhpura, Araria, Khagaria, Purnia, Aurangabad, Banka, Gaya, Jamui, Muzaffarpur And Sitamarhiin keeping with the brand new system.

solely Patna And Magadha District There will probably be 25 distinctive hiring facilities. Each the schemes will probably be carried out concurrently in Gaya and Nawada districts of Magadha division.

First revealed: 26 October 2021, 04:02 IST

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