Updated By: LatestGKGS Desk
Maharashtra Cabinet passed proposal for financing farm equipments for farmers
Maharashtra Cabinet passed the proposal for financing farm equipment for farmers: Details, Aim, Purpose
Maharashtra Cabinet chaired by Chief Minister Devendra Fadnavis has passed a proposal for financing farmers for purchasing farm equipment with an initial corpus of Rs 50 crore.
The scheme is aimed at uplifting the government of India ambitious plan to double the income of farmers by 2022.
Under the scheme, the farmers from SC/ST community and women farmers would get 35 percent funding of the total cost for purchasing tractor while for other equipment, a subsidy of 50 percent will be given.
The Maharashtra Cabinet also cleared a proposal to change the name of Mumbai-based Bombay Veterinary College to the Mumbai Veterinary College.
Another proposal was approved worth 16 crore rupees for the creation of four percolation tanks.
Maharashtra
Formation: 1 May 1960 (Maharashtra Day)
Capitals: Mumbai & Nagpur
Largest City: Mumbai
Districts: 36
Official Languages: Marathi, Hindi
Governor: C. Vidyasagar Rao
Chief Minister: Devendra Fadnavis
