|Total Cost||Rs. 9987.800 million|
|Gestation Period||05 Years (2021-22 to 2025-26)|
The project envisages provision of agricultural machinery & equipment to the farmers / service providers on cost sharing basis for promotion of mechanized agriculture for increasing crop productivity. It is planned that the applications will be collected from the interested Agricultural Mechanization Service Providers (individual Farmers/ Mechanization Service Providing Enterprises) through advertisement in the press who will be short listed on the basis of approved eligibility criteria. The final selection of Agricultural Mechanization Service Providers (AMSP) will be carried out through open balloting by the District Allotment Committee headed by the Additional Deputy Commissioner (Revenue) of concerned district. The selected service provider will purchase the agricultural machines & implements of their own choice contained in the approved list of machinery from the pre-qualified firm(s) strictly in accordance with the approved standards & specifications. The subsidy amount per beneficiary has been capped to a maximum of Rs. 0.500 million (Group-I) and Rs. 10.000 million (Group-II) for purchase of different agricultural machines & implements included in the approved list.