Bihar Krishi Yantra Subsidy – Farm Equipment Support for Farmers

The Bihar government is operating a program called the Bihar Krishi Yantra Subsidy to improve the financial situation of the state’s farmers. This program offers farmers financial assistance when they buy agricultural equipment. In order to make it simple for farmers to purchase any kind of agricultural equipment, there are numerous pieces of equipment that are crucial to farmers but that they are unable to purchase because they lack the necessary funds.

This Bihar Krishi Yantra Subsidy aimed at farmers in Bihar, in particular, are small- and middle-class, and their financial situation is not strong enough to allow them to readily purchase any agricultural equipment. In order to address these issues, the Bihar government introduced the Bihar Krishi Yantra Subsidy, which provides farmers with financial assistance to purchase 90 various kinds of agricultural equipment. This program’s goal is to give farmers financial support so they may easily purchase the required agricultural equipment.

What is Bihar Krishi Yantra Subsidy 2024?

The Bihar government launched the Bihar Krishi Yantra Subsidy plan as a government project. The government will use this to provide farmers in the state of Bihar with subsidies on 90 different kinds of agricultural equipment. Farmers were formerly only eligible for subsidies on 75 different types of agricultural equipment under this program. The amount of this subsidy will range from 40 to 80 percent for various kinds of equipment.

Since the majority of Bihar’s population works primarily in agriculture, the Bihar Krishi Yantra Subsidy aims to give farmers financial support for the purchase of various agricultural machinery and equipment, which will boost agricultural productivity and farmers’ incomes.

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Purchases of 90 different types of agricultural equipment, including tractors, power tillers, harvesters, seeders, and other equipment, are eligible for a 40% subsidy under the Bihar Agricultural Equipment Subsidy. In a similar vein, subsidies of up to 80% are provided for some additional equipment.

Under the Bihar Agricultural Equipment Subsidy, farmers will be able to purchase any kind of agricultural equipment from the seller by paying the remaining balance after the subsidy amount has been subtracted from the equipment’s purchase price. The subsidy amount will then be transferred to the relevant agricultural equipment manufacturers’ accounts.

Bihar Krishi Yantra Subsidy Yojana 2024 Overview

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Benefits of Bihar Krishi Yantra Subsidy 2024

The Bihar Krishi Yantra Subsidy was established by the Bihar government with the intention of giving farmers in Bihar financial support for the acquisition of agricultural machinery and equipment. This will boost the state’s agricultural activities’ productivity at a minimal cost.

When discussing the advantages of various methods, the following things can be seen:

• The government will give farmers subsidies for 90 different kinds of agricultural equipment under the Bihar Agricultural Equipment Subsidy Scheme.
• This program will provide up to 40–80% in subsidies for 90 different types of agricultural equipment.
• However, the amount of agricultural equipment subsidies will never be more than 80%.
• Plowing, planting, weeding, hoeing, irrigation, harvesting, threshing, and other agricultural equipment as well as equipment for gardens and sugarcane will be supplied under this program.
• In each district covered by the program, at least 18% of the funds allocated by the government would be used to support farmers from the most disadvantaged classes and provide grants equal to those provided to Scheduled Castes and Scheduled Tribes.
• The government would provide farmers with a subsidy under this program by increasing the percentage and maximum subsidy rate by 10% on the listed agricultural equipment produced by agricultural equipment manufacturers.
• Farmers are encouraged to use mechanical farming practices by this subsidy. Time will be saved, and less physical labor will be needed as well.
• The usage of environmentally friendly equipment will be promoted by this subsidy. Modern farming equipment is made to use less water and chemicals, which lessens the impact of farming operations on the environment.
• The Bihar Krishi Yantra Subsidy Scheme offers numerous advantages. Farmers will be able to mechanize their farming processes thanks to it. Skilled agricultural laborers will become more important, and labor costs will go down.
• Farmers in Bihar will also receive agricultural aid under this Bihar Agricultural Equipment Subsidy Scheme.

Features of Bihar Agricultural Equipment Subsidy Scheme

When discussing the characteristics of the Bihar Krishi Yantra Subsidy Scheme, the following points can be seen:

• This program was launched on October 10, 2023, and farmers who wish to participate can apply online at the Agriculture Department’s official website.
  In 2024, farmers would receive a payment of Rs 119 crore under the Bihar Agricultural Equipment Subsidy Scheme.
• This program will provide subsidies for 108 different types of agricultural equipment, such as those used for gardening, irrigation, ploughing, planting/sowing, weeding, and harvesting.
  Farmers who wish to participate in this subsidy program must first register on the DBT portal. Only then they will be eligible to receive this subsidy.
• Farmers who purchase agricultural equipment manufactured in the state of Bihar will receive an additional 10% subsidy from the government.
  This year, a new edition of the Bihar Agriculture Equipment Subsidy software was released.
  The lottery system will be used to choose all of the farmers’ applications this year as well.
  The farmer will obtain a permit with a 15-day validity term after being chosen through the lottery process.
• Farmers will have to wait for a waiting list determined by the lottery method in order to obtain another permission after the permit of 15-day validity period has passed.
  If a farmer is chosen for this program, he can buy the equipment by making the remaining payment after the equipment vendor deducts the subsidy. The amount of the subsidy will be deposited into the seller’s account right away by the government.

Subsidy Amount of Bihar Krishi Yantra Subsidy Scheme 2024

Under the Bihar Krishi Yantra Subsidy program, the Bihar government offers farmers financial support to help them buy agricultural equipment. Farmers are granted rewards under this system based on their category and caste. The following lists the total amount of subsidies available under each plan.

• Under the SMAM system, farmers will receive subsidies on nine various types of agricultural equipment, including small tractors (18.20 PTO HP).
• Custom Hiring Centers would be established in each Bihar district under the SMAM Scheme, with a 40% subsidy rate applied to project costs up to Rs. 4 lakh (₹400000) and a maximum cost of Rs. 10 lakh (₹10,000,000).
• For a maximum project cost of Rs. 8 lakh (₹8,00,00) and an 80% subsidy rate, the State will establish Agricultural Machinery Banks in specific areas under this program, with a maximum cost of Rs. 10 lakh (100,00,000).
• The building of Custom Hiring Centers in nine districts—Patna, Bhojpur, Kaimur, Buxar, Nalanda, Nawada, Rohtas, and Aurangabad—within the Gaya, Patna, and Magadh Divisions is eligible for an 80% subsidy up to a maximum of Rs. 12 lakh (12,00,000).

Eligibility of Bihar Krishi Yantra Subsidy 2024

If a farmer wishes to receive agricultural equipment subsidies under the Bihar Krishi Yantra Subsidy Scheme, he must first meet certain qualifying requirements that have been established for him. These requirements include

• The candidate must only be a farmer in the state of Bihar.
• This program will exclusively provide subsidies for the purchase of agricultural equipment.
• The candidate needs to own land for farming.
• The program will provide subsidies for 75 different kinds of agricultural equipment this year.
• Only once the farmer has bought agricultural equipment will they be eligible for the subsidy amount.
• The farmer should be at least eighteen years old.

Online Dates for Bihar Agricultural Machinery Subsidy Scheme

Important Documents For Bihar Krishi Yantra Subsidy 2024

An applicant should make sure he has these documentation if he wishes to receive benefits under the Bihar Krishi Yantra Subsidy Scheme. Like-

• Aadhar card.
• bank passbook.
• obtaining land.
• Registration of Farmers.
• Certificate of Land (LPC).
• documents related to agricultural equipment purchases.
• Certificate of Category (only for SC/ST).
• mobile number.
• email address.

Bihar Agricultural Machinery Subsidy List 2024-25

Farmers in Bihar receive subsidy to buy agricultural equipment at discounted prices under the Bihar Krishi Yantra Subsidy Scheme, which was introduced by the Bihar government. This enables farmers to use advanced machinery to boost agricultural output.

Under this program, farmers receive an extra 5% to 8% subsidy for the seed drill and an 80% subsidy for the other four pieces of equipment.

Farmers from Scheduled Castes, Scheduled Tribes, or Other Backward Classes are eligible for an additional 5% subsidy when buying agricultural equipment under this program.

Below is a list of the agricultural equipment eligible for the Bihar Agricultural Equipment Subsidy Scheme along with the amount of the subsidy.

List of agricultural equipment covered under Bihar Agricultural Equipment Subsidy Scheme 2024

How to Apply Bihar Krishi Yantra Subsidy Scheme 2024?

Farmers in the state of Bihar can register on the government’s Agriculture Department’s official website if they wish to get financial assistance for the purchase of agricultural equipment under the Bihar Krishi Yantra Subsidy scheme. You can register by following the instructions below.

• In order to apply for this program, candidates must first go to the Agriculture Department of the Government of Bihar’s official website, which is located here.
• Click on the “Apply to receive Subsidy” option under the “Farmer Application” section of the official website’s home page.
• Following your selection of “Application to receive Subsidy,” the following Application Entry Form page will appear.
• The applicant must now provide his registration number to complete the process.
• The registration form will open in front of you as soon as you choose the Application Entry option, so if a farmer does not already have a farmer registration, he should do it first.
• Now, carefully register yourself and the farmer by filling out all the required information.
• You will now receive a Registration ID upon registration, which you may use to submit the application and receive the advantages.

You can apply for the Bihar Agriculture Equipment Subsidy Scheme in this manner by completing the steps outlined above.

How To Check Application Status Of Bihar Krishi Yantra Subsidy Yojana

The steps listed below can be used by any applicant who has already submitted an application to receive subsidies for the purchase of agricultural equipment under the Bihar Krishi Yantra Subsidy Scheme and wishes to find out the status of that application.

• The applicant should first check the Agriculture Department of the Government of Bihar’s official website to see the application’s status.
• Once you have reached the website’s home page, choose the “Farmer Application” option. Then, under this option, choose the “Application for Receiving Subsidy.”
• Finally, click the “Check Status” option.
• This kind of form will appear in front of you when you click “Check Status.”
• Click the Proceed option after entering the requested reference number.
  At this point, all of the application’s details will appear, including the application’s current status.

How to Check Kisan Registration Number?

If any applicant wants to register for the Bihar Krishi Yantra Subsidy Scheme but does not know his farmer registration number, then he can find out his farmer registration number in this way.

• To know the farmer registration number, the applicant should first visit the official website of DBT Agriculture which is as follows.
• Now here after the applicant clicks on the option “ Application Status/Print of Application ”, in the drop down menu you will get the option “ Go to Registration ”, click on it, which is as follows.
• Now after clicking on the option “Go to Registration” a form will open which is as follows.
• Now fill in the required information like Aadhar Card Number / Register Mobile Number by selecting the option.
• An OTP will be sent to the applicant’s registered mobile number. As soon as you enter the OTP and verify it, the registration number of the application will be visible to you and the full details will be revealed.
• You the applicant can use this registration number to apply .

Conclusion

We attempted to provide you with all the facts regarding the Bihar Krishi Yantra Subsidy Yojana in this page. In spite of this, you should visit the government’s official website and leave a comment with any further questions you may have, and we will do our best to address them.

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