Farm Mechanization · Meghalaya
Disc Plough Subsidy in Meghalaya
Disc Plough
NABARD Unit Cost for Disc Plough in Meghalaya
Government-approved benchmark amount for farm mechanization financing
Disc Plough — 1 No
Eligibility for Disc Plough Subsidy in Meghalaya
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Meghalaya
- 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: 1 No. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for Disc Plough Subsidy in Meghalaya
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹26,000 as the benchmark for a 1 No investment.
- Visit your bank in Meghalaya — 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:
Disc Plough Subsidy — State-wise Comparison
NABARD unit costs for Disc Plough across 7 states. Amounts reflect local input costs and state-level additions.
More Farm Mechanization Subsidies in Meghalaya
- Tractor with accessories and trailer₹5,60,000
- Tractor with accessories and trailer₹6,12,500
- With trailer and CMVR kit₹1,93,000
- Without trailer and CMVR kit₹1,49,000
- Rice trans planter with cage wheel₹3,00,000
- Disc harrow₹25,000
- Tyne tiller₹17,000
- Rotavator₹78,500
More Subsidy Categories in Meghalaya
Agri Finance & Credit
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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
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Frequently Asked Questions
What is the NABARD subsidy amount for Disc Plough in Meghalaya?
The NABARD unit cost for Disc Plough in Meghalaya is ₹26,000 (specification: 1 No). 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 "1 No" mean for Disc Plough?
The specification "1 No" 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 Disc Plough subsidy in Meghalaya?
Step 1: Prepare a DPR for Disc Plough using the NABARD unit cost of ₹26,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Meghalaya 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 Disc Plough in Meghalaya?
Disc 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 Meghalaya.
Which state gives the highest subsidy for Disc Plough?
Among states with published NABARD unit costs for Disc Plough, Gujarat offers the highest amount at ₹67,100, compared to ₹26,000 in Meghalaya. 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 Disc Plough financing in Meghalaya?
NABARD-linked term loans for farm mechanization investments like Disc 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.