Farm Mechanization · Madhya Pradesh
Power tiller Subsidy in Madhya Pradesh
Power tiller
NABARD Unit Cost for Power tiller in Madhya Pradesh
Government-approved benchmark amount for farm mechanization financing
Power tiller
Eligibility for Power tiller Subsidy in Madhya Pradesh
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Madhya Pradesh
- Farmer Producer Organisations (FPOs) and Self-Help Groups (SHGs)
- Agri-entrepreneurs and cooperatives for commercial-scale investments
- SC/ST farmers and women farmers (eligible for enhanced subsidy component of 5–10% additional)
How to Apply for Power tiller Subsidy in Madhya Pradesh
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹2,00,000 as the benchmark.
- Visit your bank in Madhya Pradesh — Bring Aadhaar, land records (7/12 or patta), and the DPR to a nationalised bank, RRB, or PACS branch.
- Scheme linkage — The bank will link your application to SMAM.
- Technical verification — A department officer inspects the asset after installation and submits a verification report to the sanctioning authority.
- Subsidy credit to loan account — The capital subsidy is deposited directly into your loan account, reducing the outstanding principal. Total processing time: 30–60 days.
Relevant central schemes:
Power tiller Subsidy — State-wise Comparison
NABARD unit costs for Power tiller across 17 states. Amounts reflect local input costs and state-level additions.
| State | Subsidy Amount | Details |
|---|---|---|
| Gujarat | ₹2,66,200 | View → |
| West Bengal | ₹2,60,000 | View → |
| Jammu and Kashmir | ₹2,50,000 | View → |
| Andaman and Nicobar | ₹2,00,000 | View → |
| Bihar | ₹2,00,000 | View → |
| Madhya Pradeshcurrent | ₹2,00,000 | View → |
| Tripura | ₹1,92,250 | View → |
| Kerala | ₹1,70,000 | View → |
| Himachal Pradesh | ₹1,62,500 | View → |
| Haryana | ₹1,60,000 | View → |
| Punjab | ₹1,60,000 | View → |
| Jammu and Kashmir | ₹1,50,000 | View → |
| Tripura | ₹1,48,250 | View → |
| Uttar Pradesh | ₹1,45,000 | View → |
| Himachal Pradesh | ₹1,25,000 | View → |
| Chhattisgarh | Standard manufacturer's cost. | View → |
| Mizoram | 192250.00 - 148250.00 | View → |
More Farm Mechanization Subsidies in Madhya Pradesh
- Tractor₹2,40,000
- Tractor₹5,00,000
- Tractor₹5,75,000
- Tractor₹6,37,500
- Tractor₹7,35,000
- Tractor₹7,82,500
- Tractor₹8,10,000
- Tractor₹11,75,000
More Subsidy Categories in Madhya Pradesh
Agri Finance & Credit
Loans, crop insurance and investment norms — NABARD unit costs, PMFBY rates and KCC interest.
Weather & Crop Advisories
District-level agromet advisories combining IMD 5-day weather forecasts with crop-specific pest, disease and irrigation recommendations.
Agriculture News
Daily updates on mandi price movements, scheme announcements, weather advisories and crop-wise reports from state agriculture departments.
Agri Input Dealers
Find licensed seed, fertilizer and pesticide dealers near you.
Frequently Asked Questions
What is the NABARD subsidy amount for Power tiller in Madhya Pradesh?
The NABARD unit cost for Power tiller in Madhya Pradesh is ₹2,00,000. This is the benchmark amount banks use when sanctioning a term loan for this activity. The actual subsidy you receive depends on the scheme — typically 25–50% of the unit cost.
What does "the specification" mean for Power tiller?
The specification "listed above" defines the exact scale or parameters of the investment — such as area in hectares, capacity in litres per day, number of animals, or structural dimensions. NABARD unit costs are tied to this specification; a different scale may have a different unit cost. If your project differs, ask your bank to use the nearest applicable NABARD benchmark.
How do I apply for the Power tiller subsidy in Madhya Pradesh?
Step 1: Prepare a DPR for Power tiller using the NABARD unit cost of ₹2,00,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Madhya Pradesh with land records, Aadhaar, and the DPR. Step 3: The bank appraises and routes the subsidy claim through the Farm Mechanization department. Step 4: After physical verification, the subsidy is deposited into your loan account. Total processing time is typically 30–60 days.
Which government scheme covers Power tiller in Madhya Pradesh?
Power tiller falls under the Farm Mechanization category. Relevant central schemes include Sub-Mission on Agricultural Mechanization (SMAM). Check the Apply section below for the specific portal and nodal department in Madhya Pradesh.
Which state gives the highest subsidy for Power tiller?
Among states with published NABARD unit costs for Power tiller, Gujarat offers the highest amount at ₹2,66,200, compared to ₹2,00,000 in Madhya Pradesh. Differences reflect local input costs, transport, and state-level top-up subsidies. The compare table below shows amounts across all states where this activity has published unit costs.
What is the loan repayment period for Power tiller financing in Madhya Pradesh?
NABARD-linked term loans for farm mechanization investments like Power tiller typically have a repayment period of 5–9 years (including a moratorium of 1–2 years). The moratorium aligns with the gestation period of the investment — for example, a fruit orchard may take 3 years to yield income, so repayment begins after that. Exact tenure depends on your bank and the specific scheme.