{"id":3013,"date":"2020-03-02T17:23:26","date_gmt":"2020-03-02T11:53:26","guid":{"rendered":"https:\/\/www.grainmart.in\/news\/?p=3013"},"modified":"2020-03-02T17:23:27","modified_gmt":"2020-03-02T11:53:27","slug":"financial-assistance-for-procurement-of-agriculture-machinery-and-equipment","status":"publish","type":"post","link":"https:\/\/www.grainmart.in\/news\/financial-assistance-for-procurement-of-agriculture-machinery-and-equipment\/","title":{"rendered":"Financial Assistance for Procurement of Agriculture Machinery and Equipment"},"content":{"rendered":"\n

Indian government provides financial assistance for procurement of agriculture machinery and equipment to aid its farmers. Considering the dire need, financial assistance is available all across the country. Similarly, the government initiated the Sub Mission on Agricultural Mechanization (SMAM<\/a>) with the same intention. Consequently, put into force, SMAM in all the states to aid agricultural adaption of modern machines. Thereby, encourages the inculcating of farm machines to enhance food productivity.<\/p>\n\n\n\n

Need for Financial Assistance in Agriculture Machines\u00a0\u00a0<\/strong><\/h5>\n\n\n\n

With the ever-growing population, the necessity to increase food production follows. However, the agricultural<\/a> land available is marginally insignificant against the demand. Further on, India with 17% human and 15% livestock of the world is in a state of tumult. Thus, the nation must adapt to every resource to step out of misery. Accordingly, machinery is one of the possible solutions that help increase harvest with effective filed work. Besides, several eastern and North- East region accounts for lower farm power against few states like Punjab, Haryana<\/a>, western Uttar Pradesh, and Rajasthan. Thus, it is necessary to encourage farm machines in all stated in conceivable ways.<\/p>\n\n\n\n

Objectives\u00a0<\/strong>of Financial Assistance for Procurement of Agriculture Machinery and Equipment<\/h5>\n\n\n\n

The sub mission is a combination of several ongoing activities such as\nPromotion and  <\/p>\n\n\n\n

Strengthening of agricultural mechanization, Post-Harvest Technology,\nand management. Besides, other schemes like RKVY, MIDH, NMOOP, SMAM are\npromoting agriculture with the same objectives.<\/p>\n\n\n\n

  1. Spreading awareness regarding the use of machines in the agricultural sector<\/li>
  2. Encourage the small and marginal farmers to purchase the necessary resources and equipment<\/li>
  3. Reach out to cultivators from regions with low farm power and urge their production<\/li>
  4. To promote Custom Hiring Centres<\/li>
  5. Create hubs for valued and modern farm machinery<\/li>
  6. Highlighting the importance of stockholders (by capacity enhancing activities)<\/li>
  7. Facilitate the use of testing centers to ensure performance and attain certification<\/li><\/ol>\n\n\n\n
    Structural Components of Financial Assistance for Procurement of Agriculture Machinery and Equipment<\/strong><\/h5>\n\n\n\n

    To accomplish the said vision, the mission undertakes the following\nactivities:<\/p>\n\n\n\n

    1. Workshops to train in farm machine specialization at FMTTI<\/a>, SAUs and CSIR institutes<\/li>
    2. Conduct on-field and off-field demonstration to attract and retain the stakeholders<\/li>
    3. Facilitate the procurement of machines via financial aid<\/li>
    4. Additional encouragement to small and marginal farmers<\/li><\/ol>\n\n\n\n
      Salient Components of Financial Assistance for Procurement of Agriculture Machinery and Equipment<\/strong> <\/h5>\n\n\n\n
      1. Upgrade and firming up of Agricultural Mechanization via providing exclusive training, workshops, and equipment testing.<\/li>
      2. Post-Harvest Technology and Management through PHT establishments<\/li>
      3. Financial Assistance for Procurement of Agriculture Machinery and Equipment<\/li>
      4. Initiate farm machinery banks (Customs hiring)<\/li>
      5. Aid financially to promote mechanized techniques<\/li><\/ol>\n\n\n\n
        Structure of Financial Assistance for Procurement of Agriculture Machinery and Equipment<\/strong> <\/h5>\n\n\n\n
        1. National Level <\/strong><\/h5>\n\n\n\n

        At the national level, the mission will work under the National Steering Committee (NSC) monitored by the Chairmanship of Secretary (AC&FW). Additionally, will contain a Secretary and financial advisor (DAC&FW). Further, a joint secretary from RKVY, MIDH, Crops, and M&T. Also, DDG ICAR, Commissioner of Agriculture, Commissioner of Horticulture, ADC, DC, and Farm Machinery Training and Testing Institute\u2019s Director will be a part of NSC.<\/p>\n\n\n\n

        2. Executive Committee<\/strong><\/h5>\n\n\n\n

        Here, the additional Secretary (M&T) shall be the Chairman and the\nJoint Secretary (M&T), DAC&FW shall act as a member secretary. Further,\nADG, ICAR, ADC (M&T), ADC (Crops), ADC (Horticulture), DC (M&T), CFMTTI\nBundi will act as expert members. Additionally, the M&T segment of DAC&FW\nprovides all the necessary technical support to the committee to perform its\nfunctions.<\/p>\n\n\n\n

        Roles of Executive Committee <\/strong><\/h5>\n\n\n\n