Farmers to get up to 80% subsidy for equipment - Mandi Gobindgarh News

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Monday, August 12, 2019

Farmers to get up to 80% subsidy for equipment


Farmers to get up to 80% subsidy for equipment

Chandigarh, August 11

To make Punjab a ‘zero stubble burning state’, the Agriculture Department has initiated a drive to provide more than 28,000 agro-machines to farmers with a subsidy component of Rs 278 crore during the current fiscal.

A spokesperson says subsidy ranging from 50 to 80% is being provided to the farmers under the scheme of paddy residue management. While 80% subsidy will be given to cooperative societies and farmers’ groups, individuals will get a subsidy of 50%.

Secretary Agriculture KS Pannu said the department received 12,000 applications from farmers, farmers’ groups and primary agriculture cooperative societies to date for subsidised machinery. He said in the first phase, 15,000 machines are being subsidised at 50% for individuals, another 13,000 machines to 2,200 farmers’ groups and cooperative societies at 80%.

He said the departmentwants to complete the task before September 15. —TNS

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