Farm Mechanization · Madhya Pradesh
Reversible plough Subsidy in Madhya Pradesh
Reversible plough
NABARD Unit Cost for Reversible plough in Madhya Pradesh
Government-approved benchmark amount for farm mechanization financing
Reversible plough — 2 bottom mechanical
Eligibility for Reversible plough 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)
Specification note
This unit cost applies specifically to: 2 bottom mechanical. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for Reversible plough Subsidy in Madhya Pradesh
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹50,000 – ₹65,000 as the benchmark for a 2 bottom mechanical investment.
- 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:
Reversible plough Subsidy — State-wise Comparison
NABARD unit costs for Reversible plough across 2 states. Amounts reflect local input costs and state-level additions.
More Farm Mechanization Subsidies in Madhya Pradesh
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- 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
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Frequently Asked Questions
What is the NABARD subsidy amount for Reversible plough in Madhya Pradesh?
The NABARD unit cost for Reversible plough in Madhya Pradesh is ₹50,000 – ₹65,000 (specification: 2 bottom mechanical). 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 "2 bottom mechanical" mean for Reversible plough?
The specification "2 bottom mechanical" 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 Reversible plough subsidy in Madhya Pradesh?
Step 1: Prepare a DPR for Reversible plough using the NABARD unit cost of ₹50,000 – ₹65,000 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 Reversible plough in Madhya Pradesh?
Reversible plough 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 Reversible plough?
Madhya Pradesh offers ₹50,000 – ₹65,000 for Reversible plough, which is among the higher rates across Indian states. The compare table below shows the exact amount in each state where NABARD has published a unit cost for this activity.
What is the loan repayment period for Reversible plough financing in Madhya Pradesh?
NABARD-linked term loans for farm mechanization investments like Reversible plough 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.