Quick Answer: Who Will Take A Tractor For Free?

Helping Farmers Grow

60% of Sub-Saharan Africans are smallholder farmers who rely on agriculture for the majority of their income. Lack of access to mechanization technologies and outdated agricultural practices have kept crop yields low and stagnant, even as the population has grown, leaving them with less money to spend on education or home improvements.

We’re here to help farmers grow

Since 2016, Tractors for Africa has helped hundreds of West African farmers increase their yields, and by the end of 2022, we will have 50 tractors on the ground in Africa, working with 2,000 smallholder family farms.

How do I get a tractor subsidy?

The simplest and most effective way to apply for a New Tractor Subsidy is to contact the nearest branch of a bank or an agricultural company. Meeting Marketing Officials on-site in the area can also help expedite the process.

Is there any subsidy on tractor?

Tractors (up to 40 PTO HP) u2013 a subsidy of Rs. 45, 000 or 25% of the cost of the tractor, whichever is less; tractors (more than 40 PTO HP) u2013 a subsidy of Rs. 60, 000 or 25% of the cost, whichever is less; Tractors (up to 20 HP) u2013 35% / 1.00 Lakh for SC, ST, Small and Marginal Farmers and Women.

How much is a tractor worth?

Typical New Tractor Prices A basic tractor can cost as little as $9,000, while more powerful farming tractors can cost as much as $75,000. Here are some averages to keep in mind: Mid-size farm tractors with 25hp to 80hp are generally priced between $22,700 and $49,000.

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How do you get a 50 subsidy on a tractor?

PM Kisan Tractor Scheme (Yojana): The central government has announced a 50% subsidy on tractor purchases under the PM Kisan Tractor Scheme, which allows farmers to take advantage of the scheme’s benefits while only paying half the price.

What are the documents required for tractor subsidy?

Document Requirements for PM Kisan Tractor Applications

  • Aadhar Card
  • Bank Account Details (Linked to Aadhar Card)
  • Identity Proof (including PAN card, Voter ID, Passport, Driving License, and so on)
  • Photograph (Passport Size)
  • Legal Account/Details of Possessed Land.

How much is subsidy on MP in tractor?

Benefits of the Scheme The government may provide a grant of 30% to 50% to MP farmers, with subsidies ranging from Rs 40,000 to Rs 60,000. Financial assistance will be provided based on agricultural machinery.

How many subsidies does a tractor have?

Farmers will receive a 20 to 50 percent subsidy on tractor purchases, which will vary by state. You can buy a tractor for any price and from any company; the government has placed no restrictions on you. This subsidy will be given to you jointly by the federal and state governments.

How can apply Modi Kisan scheme?

How do I apply for the PM Kisan Samman Nidhi Yojana online?

  1. To apply, first go to www.pmkisan.gov.in.
  2. After that, the home page will appear on your screen.
  3. On the home page, look for the Farmers Corner and click on it.
  4. On the next page, look for the option for new farmer registration.

What is the number 1 selling tractor in the world?

India’s Mahindra tractor brand, which has been around since the 1960s, is the world’s best-selling tractor brand.

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How much does a 2020 tractor cost?

Mid-size tractors with 30 to 75 horsepower typically cost between $25,000 and $50,000, while larger tractors with about 100 horsepower, 4-wheel drive, and a cab cost between $50,000 and $75,000. Tractors with 100 to 150 horsepower typically cost between $75,000 and $150,000.

What is the cheapest tractor brand?

Let’s take a look at the top five most affordable sub-compact tractors available.

  • LS Tractor MT225E (approximately $19,000)
  • Yanmar SA221 (approximately $14,988)
  • Kioti CK2510 (approximately $15,610)
  • Massey Ferguson GC1700 (approximately $16,000)
  • Steiner 450DX (approximately $18,758)

What means subsidy?

A subsidy is a benefit provided by the government to an individual, business, or institution to alleviate some type of burden, and it is frequently considered to be in the public interest, as it is given to promote a social good or an economic policy.

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