States » WestPosted at: Jul 1 2025 1:44AM


Maha govt announces subsidy of Rs 1.5 lakh to farmers for purchase of tractors

Mumbai, June 30 (UNI) In a bid to boost the sale of electric tractors in the state, the Maharashtra government has taken a decision to give a subsidy of Rs 1.5 lakh to farmers if they purchase electric tractors for their work, said Transport Minister Pratap Sarnaik today.
This decision has been taken to reduce the cost of farmers and increase their income.
Due to the increasing cost of diesel, the production cost of farmers is also increasing significantly. But their income is not rising that much in comparison, that is why, it has been decided to give a subsidy to farmers on electric tractors, said Sarnaik.
The minister expressed that electric tractors would bring a new revolution in agriculture.
"If farmers buy electric tractors, the state government will also provide them with a subsidy of Rs 1.5 lakh," he said.
Along with this, interest-free loans will also be provided to farmers to buy tractors through the state government's Annasaheb Patil Economic Development Corporation, Sarnaik added.
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