What you get
Pattern Of Assistance: | - The subsidy will be 80% of the Total Financial Outlay (TFO) subject to maximum Rs 8.00 lakh and minimum TFO will be ₹10,00,000/-. The TFO includes indicative cost of machinery + Cost of shed +AMC + insurance. The remaining amount of the TFO will be borne by the beneficiary. | - The maximum amount allowed for cost of open shed for machinery will be limited to 5% of the TFO and total ancillary cost (other than machinery) should not exceed 10% of TFO. | Note: | - The applicant will have to deposit margin money of a minimum amount of 25% of TFO to the financing bank before release of subsidy by the DDA (Admn.) to the Bank and remaining amount will be bank loan . | - No machine/equipment will be procured by the Government. The Government will only release subsidy as back ended subsidy against procurement by the beneficiaries as per their choice under CHC with Bank Loan. The subsidy will be released through DBT mode to the concerned bank branch to subsidy reserve fund/loan account for CHC. | - The subsidy will only be applicable for purchase of farm machinery/equipment from the approved Farm machinery Manufacturers and Dealers as enlisted in the Departmental portal. | - A beneficiary or his/her spouse will not be eligible to apply afresh before completion of 4(four) years from release of the last subsidy for CHC scheme from the State under this Guidelines.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the objective of the scheme?
"Farm Machinery Bank (FMB)/Farm Machinery Hub (FMH)" by the Agriculture Department, Government of West Bengal aims to facilitate end-to-end (from land development to residue management) use of farm machinery which can be within the reach of the small and marginal farmers at reasonable charges.
Which department has launched this scheme?
Department Of Agriculture, Government of West Bengal has launched this scheme.
Who is eligible to apply under this scheme?
Individual Rural Youth Entrepreneur registered under Krishak Bandhu (New) Scheme | Or, | Groups like SKUS/PACS/FPO/FPC/FIG/SHG duly graded /LAMPS etc approved/recognized by any Govt. Institution/Departments.
How to avail the benefits of the scheme?
Bonafide farmers can apply online in Matirkatha/FMS portal after due advertisement in leading dailies, Departmental website: https://wbfms.matirkatha.net/applicants/sign_up . After successful submission of online application, hard copies of print out of the application with acknowledgement receipt, recent passport size photograph and other prescribed documents (self-attest, if required) will have to be submitted to the office of the Deputy Director of Agriculture of the concerned District within the stipulated period.
What is the process for availing the subsidy?
The beneficiary will purchase the approved equipment/ machinery through self-finance/ Bank Loan & submit the subsidy claim to the DDA(Admn.) along with all requisite documents within 15 days from issue of sanction order & within 30 days for primary processing units, seed processing units, solar photo- voltaic water pumping system where installation in required for setting up FMB.
Is there any fee or charges for the scheme?
No, there are no charges to apply for this scheme.
Is there any age restriction?
The age of the beneficiary should be minimum 18 years at the time of application.
Is there any priority for female applicants?
No.
Is there any income criteria for the farmers to be eligible for this scheme?
No, there is no specific income criteria for the farmers to be eligible for this scheme.
Whether an employee/retired employee of State Government/Statutory Bodies/Government Undertakings are eligible to apply?
No, an employee/retired employee of State Government/Statutory Bodies/Government Undertakings are not eligible to apply.
How will the subsidy be released to the beneficiary?
Payment of subsidy to be made by the DDA(Admn) to the beneficiary's Bank Account (from where transaction is being made for purchasing the machinery) in DBT mode through PFMS/ e-Billing Module of IFMS IFMS from respective Schematic Bank account/Treasury.
What is the pattern of assistance?
The subsidy will be 80% of the Total Financial Outlay (TFO) subject to maximum Rs 8.00 lakh and minimum TFO will be [?]10,00,000/- . The TFO includes indicative cost of machinery + Cost of shed +AMC + insurance. The remaining amount of the TFO will be borne by the beneficiary.