Government Subsidies under SMAM (Sub-Mission on Agricultural Mechanization) and Increasing MSP (Minimum Support Price) across Major Food Crops to Foster India Agricultural Implements Market Growth: Ken Research

Limited farm labor, easy credit availability and fund access, moderate penetration and shortening replacement cycle have been encouraging demand for agricultural implements in the country. Under the Central Sector Scheme ‘Demonstration of Newly Developed Agricultural Equipment Including Horticultural Equipments at farmer’s fields’, newly developed agricultural machinery is procured and their demonstration is carried out at… Read More »