During this season, farmers are being given a subsidy of Rs9 billion for the purchase of seeds, fertilisers, pesticides and agricultural machinery. Farm subsidies are government financial benefits paid to a specific industry - in this case, agribusiness. For the FY 2019-20, the target is to insure 500,000 farmers in the Punjab. Under the scheme, subsidy was provided on Canola, Sunflower and Sesame to the registered farmers throughout Punjab via E-vouchers pasted on Canola, Sunflower and Sesame bags. Direct Benefit Transfer In Agriculture Mechanization Centralized Farm Machinery Performance Testing Portal FARMS (Farm Machinery … Crop insurance is the primary risk management tool that is used to financially support the farmers to compensate and recover from natural disasters. SBP does not restrain any bank from providing agricultural credit. Interest free loans are being provided amounting to Rs, 30,000/- per acre for Rabi crop and Rs. The US$300 million provided by World Bank will co-finance a much larger government Program of US$1.59 billion. Selection of insurance company through a competitive bidding process. Maximum Permissible subsidy per Machine/ Equipment per beneficiary. The Quality and Price Control system has been named as Zero-Cost Fertilizers and Pesticides Quality and Price Control System. In the previous year, 28,000 machines … 40,000/- per acre for Kharif crop. Under the scheme subsidy was provided on Canola, Sunflower andSesame to the registered farmers throughout Punjab via E-vouchers pasted on … LAHORE:Punjab agriculture department has started a programme to provide subsidy of millions of rupees for agricultural machinery to cotton growers.Spokesman for Agriculture Department … The Punjab Agricultural University now has five constituent colleges, viz. In Punjab, the corresponding figures stand at 2,108 — 518, 1,585 and 5. Communication, beneficiary feedback, capacity building and monitoring and evaluation, To increase the productivity of crop and livestock farmers, improve their climate resilience, and foster agribusiness development in Punjab, Increased on-farm productivity and value of crops and livestock, Increased value addition and competitiveness of crops and livestock, Enhanced resilience of smallholder farmers to climate change and natural disasters, 14 factories/units manufacturing fake fertilisers and pesticides across the Punjab unearthed; manufacturers arrested and sent to jail while products confiscatedÂ, Fake fertilisers/pesticides worth more than 170 million confiscated, More than 23 million fines imposed on profiteers, Around three hundred persons arrested on spot.Â. Punjab Irrigated-Agriculture Productivity Improvement Project (2012-13 to 2020-21) The government provides 60 percent of total system cost for installation of HEIS on upto 15 acres. Farmers having land holding upto 12.5 acres. Focusing on Machinery Subsidies Recently, the government provided an 80% subsidy on machinery and equipment for farmers to maintain the stubble. 5. Subsidy on Tractor/Power Tiller (below 20 BHP) driven equipments of of agriculture machinery The subsidy available for MB Plow, disc plow, cultivator, harrow, leveler blade, cage wheel, furrow opener, ridger, weed slasher, for which the amount Rs. It is important to mention that the subsidy … Agricultural machinery is of special importance in increasing agriculture yields and production as it improves the quality of work, enables carrying out work on schedule and reduces labor. Generally, the farmer uses un-certified seed due to which production and yield suffers. Wheat Seed Subsidy … Gram is the largest Rabi pulses crop accounting for 76% of the total production of pulses in the country and it occupies about 5 percent of the crop area. The objective of this program is to enhance the financial resilience of the farming community against the rapidly changing climatic conditions and its impact on the crops yield. Published on Mar 11, 2019. Increasing public investment in Climate Smart Agriculture (CSA), DLI 12. Tractor Subsidy in Haryana: To encourage farmers in the district for buying modern technology farming machinery, enabling them to generate more income, Government of Haryana came up with Farm Mechanization Subsidy Scheme. Straw … Type of agricultural machinery manufactures for production of standardized and quality and... Land is located of equipment subject to certain ceiling limits to certain ceiling limits agricultural and! Water use efficiency will significantly contribute towards improving the water productivity and trigger! For all stakeholders of the cost of equipment subject to certain ceiling limits uttar Pradesh 50 % will... 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