Yantra Lakshmi Scheme 2019 | Telangana Tractor Subsidy Application

Yantra Lakshmi Scheme 2019 | Telangana Tractor Subsidy Scheme | Yantra Lakshmi Scheme Application Online | 50% Subsidy Offered by Telangana to Farmer on a New Tractor.

Telangana government announces new scheme for farmers. This is very beneficial for the farmers, those want to own tractor. The Telangana government give a huge subsidy on the purchasing of new tractor. The name of the scheme is “Yantra Lakshmi Scheme Telangana”. Under the scheme Telangana government will provide subsidy of fifty percent on a new tractor purchase. Additional information is that government will give you subsidy on the farming equipment’s . Telangana government launch the scheme already. This whole project is under the Mechanization scheme.

Yantra Lakshmi Scheme

Right now the CM of Telangana Mr KCR announced scheme for farmers few year back. In every budget this scheme will be renewed, and format get benefit of this scheme time to time. In this post we will give you a brief information about the “Yantra Lakshmi Scheme Telangana”. With the help of the scheme you will get 50% subsidy on a new tractor. If you buy a new tractor under this scheme, you have to give only half of the money. The remaining half money will be given by the Bank to the respected tractor company.

Yantra Lakshmi Scheme

This half will be as a subsidy provided to the farmer. This Schme will be beneficial for the individual farmers as well as the cooperative societies. Farmers get 50% subsidy and the remaining 50% they will get loan from the nationalized bank. Under the scheme some of the farming equipment’s, those get subsidy. We give you a list.

  • Mini Tractors.
  • Power weeders.
  • Trans planters.
  • Rotators.

Benefit of Yantra Lakshmi Scheme

The main benefit which is highlight of this scheme is the 50% subsidy on new tractor purchase.
If you didn’t have the remaining 50%, then no need to worry, it will be handle by nationalized bank.
Farmers only need 50% amount of money to get benefit of the scheme.
For example if the tractor cost is 1200000 rupees, then beneficiary need 600000 rupees to buy this. The remaining 600000 rupees will be on subsidy. The beneficiary can apply for loan to give remaining 600000 rupees.
If you belong to schedule caste or scheduled tribe category then you will get 100% subsidy. It means that the hundred percent amount will be on loan under the scheme. With this tractor trolley and farming equipments will be given under the scheme.

Eligibility Criteria for Yantra Lakshmi

Formal should be belong to Telangana state only.

Individual farmer as well as cooperative societies can get benefit of this scheme by applying Yantra Lakshmi Scheme Telangana.

For this scheme farmer need 6 acre of land on his own name. It means that farmers having 2.51 hectare one more than this land they can apply for this scheme.

If you are a small or marginal farmer, then you will get priority.

Under the Yantra Lakshmi Scheme Telangana 2019 government will distribute 3900 tractors in year 2018. For the scheme Central Government as well as State Government to distribute tractors. For this Central will approve a budget of 14.89 crore rupees. According to the official data 3 crore rupees already used under the scheme. The main motto of the scheme is to give financial support to the farmers.

Related:- Telangana Government Schemes

You know that in these days farmer income is very low as compared to other profession. So to give support to our farmers Telangana government start this initiative. Via help of this scheme many farmers get benefited. With the help of a tractor, work of a farmer field decrease, and time will be save. With the help of a tractor the labor cost will be decrease. So the profit of a farmer will be increase automatically.

Yantra Lakshmi Scheme Telangana Tractor Subsidy Application Online

  1. Firstly the applicant need to fill the Yantra Lakshmi Scheme Telangana application form. The application form of this game is available at zonal office who are in charge of sub depot in your district.
  2. For the scheme interested farmers as well as cooperative society need to fill this form to get benefit.
  3. With this application form you need to attach your land records and documents
  4. After attaching your land details you need to submit your form to the zonal officer incharge of subject of your district.
  5. After the submission, scrutiny process will be proceed by the officials. Then all the verification’s, of your application form, you can check the status from the zonal office incharge of sub depot.

Agriculture Department Telangana:- agri.telangana.gov.in

Read guidelines:- http://agri.telangana.gov.in/open_record_view.php?ID=188

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