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Subsidy extended to set up more tool hiring centres

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The Department of Agricultural Engineering will extend subsidy for setting up more Custom Hiring Centres to rent out farm equipment and machines in the district.

Already 21 such centres have been established in the district and applications are being received for availing back-ended subsidy of up to Rs. 10 lakh for setting up new ones. Farmers, societies and self-help groups can apply to get the subsidy, Collector K. Rajamani said.

The Department was extending 40% subsidy on the average cost of Rs. 25 lakh for setting up a custom hiring centre.

Applicants can choose the machines as per the requirement of a particular area.

They should rent out the equipment or machines to farmers for a nominal amount.

Ploughing machines, power tillers, harvesters, threshers and various other farm equipment can be purchased and given out for rent.

Applications can be submitted at the respective jurisdictional offices of the Assistant Executive Engineers in Tiruchi, Musiri and Lalgudi.

Source:http://www.thehindu.com/todays-paper/tp-national/tp-tamilnadu/subsidy-extended-to-set-up-more-tool-hiring-centres/article19268104.ece

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