Tractor Subsidy: SC/Neo-Buddhist SHGs Can Get Rs 3.15 Lakh for Mini Tractors

• Maharashtra government offers a mini tractor subsidy scheme for Scheduled Castes and Neo-Buddhist Self-Help Groups (SHGs) in the financial year 2025-26.
• The scheme provides a 90% subsidy, up to Rs 3.15 lakh, for a mini tractor costing up to Rs 3.50 lakh, with the remaining 10% as the SHG's contribution.
• Beneficiary SHGs must purchase mini tractors and implements from government-approved manufacturers; funds are directly deposited into bank accounts.
• Eligibility requires at least 80% of SHG members, including the president and secretary, to be from SC/Neo-Buddhist communities and Maharashtra residents.
• Applications must be submitted to the Assistant Commissioner, Social Welfare Office, by January 30, 2026, with selection via lottery if applications exceed targets.

Why It Matters: SC/Neo-Buddhist SHGs in Maharashtra can receive a significant subsidy for mini tractor purchases to boost agricultural income.