Hi Srinivas
Two types of subsidy are available (not sure of the maximum cap, I guess it applies to tractors less than 35 HP):
1. Individual: A maximum subsidy of Rs. 45,000 is available.
2. Group: 50% subsidy applies if a group consisting of 5 or more Pattedars buy the tractor together.
There are some caveats though (so far):
1. Subsidy for the year is given to each Mandal, if you are interested in availing of it, funds must still be available from the allocation for the year.
2. The dealer for the tractor must be situated in the same district in which the farm land exists.
For more details please contact the nearest Agriculture department.
Regards
Ashwini S
