Govt announces 75% subsidy on agricultural equipments

Bihar Government announced recently that they are going to make the farmers’ farming even simpler. In an announcement, it has been informed that the state government will give a 75% subsidy on the majority of Agricultural equipment for the farmers via which they can earn more yield than before.

How much will be the Subsidy?
It has been shared that farmers will be given a maximum subsidy of 25,000 Rs. on Seed Drill (Agro Machinery). Also, farmers will get the benefit of Rs. 80 thousand to 1.75 million rupees on agricultural equipment that have a subsidy of 75 percent. Besides, Rs. 82000 will be given on harvester torches and Rs. 1 lakh 57 thousand will be offered on 8 feet super seeders. Moreover, the government announces Rs. 1.5 lakh on 7 feet machine and up to 1 lakh 42000 rupees on 6 feet machines to the farmers.

In the announcement, it has also been made clear that SC, ST will get an extra benefit of 5 percent