PM Kisan Tractor Yojana Benefits, Eligibility & How to Apply

PM Kisan Tractor Yojana: Boost Your Farming Productivity

As agriculture is the backbone of the Indian economy, the government of India is continuously taking initiatives to help farmers. One such initiative is the PM Kisan Tractor Yojana, which is aimed at providing financial assistance to farmers for the purchase of tractors. In this article, we will discuss the Kisan Tractor Yojana in detail, its benefits, eligibility criteria, and how farmers can avail of this scheme.

About PM Kisan Tractor Yojana

The Tractor Yojana was launched by the Government of India in 2020 to provide financial assistance to farmers for the purchase of tractors. The scheme is a part of the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN) and is aimed at increasing the income of farmers by providing them with access to modern machinery. Under this scheme, farmers can get up to 50% subsidy on the purchase of tractors, subject to a maximum limit of Rs. 5 lakhs.

Objectives of the PM Kisan Tractor Yojana

The main objective of the PM Kisan Tractor Yojana is to provide financial assistance to farmers for the purchase of tractors. The scheme aims to increase the income of farmers by enabling them to use modern machinery, which will help them to increase their productivity and reduce the cost of cultivation. The scheme is also aimed at promoting the use of environmentally friendly tractors, which will reduce pollution and protect the environment.

Benefits of the Kisan Tractor Yojana

The PM Tractor Yojana offers several benefits to farmers, such as:

1. Financial assistance: Under this scheme, farmers can get up to 50% subsidy on the purchase of tractors, subject to a maximum limit of Rs. 5 lakhs.
2. Easy access to modern machinery: The scheme aims to provide farmers with easy access to modern machinery, which will help them to increase their productivity and reduce the cost of cultivation.
3. Reduction in labor cost: By using tractors, farmers can reduce their labor costs and increase their productivity.
4. Environmental benefits: The scheme promotes the use of environmentally friendly tractors, which will reduce pollution and protect the environment.

Eligibility criteria for the PM Kisan Tractor Yojana

To avail of the benefits of the Tractor Yojana, farmers have to fulfill the following eligibility criteria:

1. The farmer should be a resident of India.
2. The farmer should be registered under the PM-KISAN scheme.
3. The farmer should have a minimum of 2 hectares of cultivable land.
4. The farmer should not own more than one tractor.
5. The farmer should have a valid driving license.

How to apply for the PM Tractor Yojana

Farmers who fulfill the eligibility criteria can apply for the PM Tractor Yojana by following the below steps:

1. Visit the official website of the State Agriculture Website (Only Selected State)
2. Click on the “New Farmer Registration” tab and enter the required details.
3. Once registered, click on the “Farm Mechanization” tab and select the “Apply for Tractor” option.
4. Enter the details of the tractor you wish to purchase.
5. Submit the application and wait for approval.

Which States are Providing the PM Kisan Tractor Yojana

The Pradhan Mantri Kisan Tractor Yojana (PMKTY) scheme was not available in all states in India. The scheme was available only in the following states. Which are Bihar, Assam, Goa, Haryana, Madhya Pradesh, and Maharashtra. For more details visit their Official Agricultural Website.

Documents required for the PM Kisan Tractor Yojana

To apply for the Kisan Tractor Yojana, farmers have to submit the following documents:

1. Aadhar card
2. Driving license
3. Bank account
4. PM-KISAN registration certificate
5. Land ownership documents

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