STATE BUSINESS LEADERSHIP AWARDS & SUMMIT – 2023
The Odisha government has provisioned a 40 to 60% subsidy for various approved agricultural machinery/equipment/ implements for the farmers and a 75 % subsidy for women self-help groups, informed Agriculture & Farmers’ Empowerment Minister Ranendra Pratap Swain.
Speaking on the occasion of Farm Machineries Manufacturers Meet for “Krushi Yantrapati Mela-2023” held at Krushi Bhawan on Thursday Swain said that the State government is providing subsidies and credit facilities to the farmers for the supply of improved agricultural machinery and equipment.
Swain stated that subsidy is being provided to the farmers under the Direct Benefit Transfer (DBT) scheme.
He said SAFAL App (Simplified Application for Agricultural Loans) has been launched since 2022-23 to make this process easy.
Through this portal, the farmers can apply for agricultural loans from banks and various lending institutions and purchase the machinery, he added.
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