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Krishi Yantra Subsidy Scheme: Agriculture With Innovative Farming Tools

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Pragya Pathak

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Updated: 28-01-2025 at 7:02 AM

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Krishi Yantra Subsidy Scheme: Agriculture With Innovative Farming Tools

 Agriculture is one of the most important parts of human civilization without which the species can’t survive. It comprises a range of activities like crop cultivation and livestock rearing. Agriculture isn’t merely people’s source of food but also a major contributor to a country’s economic growth and development. However, there are a million challenges that come with the agriculture sector like climate change, scarce resources, outdated farming techniques, and others.

To address these challenges, the government of India launched the Krishi Yantra Yojana to enhance agricultural productivity among farmers, especially small and marginal farmers. The govt scheme aims to provide financial assistance in the form of subsidies for the purchase of agricultural equipment and machines like tractors, harvesters, and irrigation systems. The Krishi Yantra Yojana aims to enable farmers to use modern-day farming practices to reduce labour costs and increase crop yields.

Name of the schemeKrishi Yantra Yojana
Launched byGovernment of India
Launched in2020
ObjectiveTo promote the use of modern agricultural machinery among farmers
Financial aidSubsidy for the purchase of agricultural equipment and machines
Target groupSmall and marginal farmers

Also Read: Agricultural Infrastructure Scheme

What Is Krishi Yantra Yojana?

The Krishi Yantra Yojana is an initiative launched by the government of India in 2020 to promote the use of modern agricultural equipment and technology to enhance productivity and efficiency in the farming sector. The government scheme was launched to empower farmers and help them get their hands on modern-day techniques of farming through machinery and equipment at subsidised rates. The Sarkari Yojana aims to modernise agriculture and reduce labour costs.

Under the govt scheme, farmers can apply for financial assistance to purchase a range of agricultural machinery, like tractors, harvesters, irrigation systems, tillers, etc. at subsidised rates. In addition to monetary support, the Sarkari Yojana also organises training and awareness programs to educate farmers about the effective use of technologies used in the agriculture sector.

Features

Certain features of the Krishi Yantra Yojana help streamline the working of the govt scheme. Some of the key features are:

  • Subsidised equipment purchase: The Sarkari Yojana provides financial assistance to farmers in the form of subsidies to invest in agricultural machinery and equipment.

  • Variety of machinery: The scheme comprises a wide range of agricultural tools and machinery including, tractors, harvesters, irrigation systems, tillers, etc. to provide farmers with a diverse option to choose from.

  • Modernisation: The govt scheme promotes the adoption of modern agricultural practices to boost productivity and enhance the quality of farming techniques.

  • Targeted support: The Sarkari Yojana is particularly designed to help small and marginal farmers so that they can also access modern techniques without any financial burden.

Read More: List Of Top Agriculture Schemes In India 2024

Benefits

Numerous benefits come with the Krishi Yantra Yojana. Some of the key benefits of the govt scheme are listed below:

  • Increased agricultural productivity: The scheme provides access to modern machinery that helps significantly increase the productivity of the land.

  • Reduced labour costs: The use of machinery reduces the reliance on manual labour which decreases overall labour costs for farmers.

  • Increase in income of farmers: With increased productivity and reduced costs, farmers enjoy higher profits because of the Sarkari Yojana.

  • Sustainable agricultural practices: The scheme encourages farmers to use sustainable agricultural practices like efficient water and seed management.

EquipmentHorsepower (B.H.P.) RangeSubsidy for SC, ST, Small, Marginal, Women FarmersSubsidy amount for other categories of farmers
Seed drill/Fertiliser drill20 B.H.P. (with less than 35 B.H.P. capacity)Half the price or Rs. 15,000 - Rs. 28.000 (Minimum)40% of the price or Rs. 12,000 - Rs. 22,400 (Minimum)
Disc Plough/Harrow20 B.H.P. (with less than 35 B.H.P. capacity)Half the price or Rs. 20,000 - Rs. 50,000 (Minimum)40% of the price or Rs. 16,000 - Rs. 40,000 (Minimum)
Rotovator20 B.H.P. (with less than 35 B.H.P. capacity)Half the price or Rs. 42,000 - Rs. 50,400 (Minimum)40% of the price or Rs. 34,000 - Rs. 40,300 (Minimum)
Multi crop thresher20 B.H.P. (with less than 35 B.H.P. capacity)Half the price or Rs. 30,000 - Rs. 1,00,0000 (Minimum)40% of the price or Rs. 25,000 - Rs. 80,000 (Minimum)
Ridge furrow planter/Multi or Tractor crop planter20 B.H.P. (with less than 35 B.H.P. capacity)Half the price or Rs. 30,000 - Rs. 75,000 (Minimum)40% of the price or Rs. 24,000 - Rs. 60,000 (Minimum)
Chisel Plow20 B.H.P. (with less than 35 B.H.P. capacity)Half the price or Rs. 10,000 - Rs. 20,000 (Minimum)40% of the price or Rs. 8000 - Rs. 16,000 (Minimum)

Eligibility Criteria

Interested farmers need to ensure that they fit the eligibility criteria of the Sarkari Yojana to apply successfully to the scheme. The eligibility criteria are:

  • The applicant should be a small and marginal farmer.

  • Applicants need to be registered with the state agricultural department.

Application Process

Interested and eligible farmers can apply for the Krishi Yantra Yojana by following the steps mentioned below:

  • Step 1: Visit the official website of your respective state’s agricultural department.

  • Step 2: Register using your personal and land details along with uploading the relevant documents.

  • Step 3: After registration, select the application form for the Krishi Yantra Yojana, and specify the type of machinery with the required subsidy amount.

  • Step 4: Submit the form online with the required documents.

  • Step 5: After a careful review of your application, the selected farmers will receive a confirmation message along with the approved subsidy amount

Required Documents

Documents required for the Krishi Yantra Yojana are listed below:

  • Identity proof

  • Land ownership

  • Income certificate

  • Bank account details

Conclusion

The Krishi Yantra Yojana is an important initiative launched to modernise the agricultural sector and provide financial assistance in the form of subsidies to farmers in need.

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