Farm Mechanization · Tripura

Power Tiller Subsidy in Tripura

Power Tiller

NABARD Unit Cost for Power Tiller in Tripura

Government-approved benchmark amount for farm mechanization financing

NABARD Unit Cost₹1,92,250
StateTripura
CategoryFarm Mechanization
Sub-CategoryFarm Mechanization
SpecificationWith Trailor CMVR kit 12-15 HP

Power Tiller — With Trailor CMVR kit 12-15 HP

Eligibility for Power Tiller Subsidy in Tripura

Who can apply

  • Individual farmers with land records (7/12, patta, or registered lease deed) in Tripura
  • 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: With Trailor CMVR kit 12-15 HP. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.

How to Apply for Power Tiller Subsidy in Tripura

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹1,92,250 as the benchmark for a With Trailor CMVR kit 12-15 HP investment.
  2. Visit your bank in Tripura — Bring Aadhaar, land records (7/12 or patta), and the DPR to a nationalised bank, RRB, or PACS branch.
  3. Scheme linkage — The bank will link your application to SMAM.
  4. Technical verification — A department officer inspects the asset after installation and submits a verification report to the sanctioning authority.
  5. 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.

Power Tiller NABARD unit cost across Indian states
StateSubsidy AmountDetails
Gujarat₹2,66,200View →
West Bengal₹2,60,000View →
Jammu and Kashmir₹2,50,000View →
Andaman and Nicobar₹2,00,000View →
Bihar₹2,00,000View →
Madhya Pradesh₹2,00,000View →
Tripuracurrent₹1,92,250View →
Kerala₹1,70,000View →
Himachal Pradesh₹1,62,500View →
Haryana₹1,60,000View →
Punjab₹1,60,000View →
Jammu and Kashmir₹1,50,000View →
Tripuracurrent₹1,48,250View →
Uttar Pradesh₹1,45,000View →
Himachal Pradesh₹1,25,000View →
ChhattisgarhStandard manufacturer's cost.View →
Mizoram192250.00 - 148250.00View →

More Farm Mechanization Subsidies in Tripura

View all Farm Mechanization activities in Tripura →

More Subsidy Categories in Tripura

Frequently Asked Questions

What is the NABARD subsidy amount for Power Tiller in Tripura?

The NABARD unit cost for Power Tiller in Tripura is ₹1,92,250 (specification: With Trailor CMVR kit 12-15 HP). 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 "With Trailor CMVR kit 12-15 HP" mean for Power Tiller?

The specification "With Trailor CMVR kit 12-15 HP" 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 Tripura?

Step 1: Prepare a DPR for Power Tiller using the NABARD unit cost of ₹1,92,250 as the benchmark. Step 2: Visit a nationalised bank or RRB in Tripura 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 Tripura?

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 Tripura.

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 ₹1,92,250 in Tripura. 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 Tripura?

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.