GANDERBAL, AUGUST 13: The Additional District Development Commissioner (ADDC) Ganderbal, Mushtaq Ahmad Simnani today inaugurated a Farm Machinery Bank in Zazna, Ganderbal, along with Chief Horticulture Officer and other key officers and officials from the department.
This initiative aims to support the progressive farmers of the area by providing them with access to essential farm machinery, making modern agricultural practices more affordable and accessible.
The Farm Machinery Bank, established at a unit cost of Rs 10 lakh, offers an 80% subsidy, significantly reducing the financial burden on farmers.
The primary objective of this Farm Machinery Bank is to offset the high costs associated with owning farm machinery, especially for those with small landholdings. By making these resources available at reasonable charges, the bank will ensure that small and marginal farmers can utilize modern farming equipment for end-to-end agricultural operations.
This initiative is expected to enhance productivity and efficiency in the farming sector, contributing to the overall development of the area.
The event saw active participation from progressive farmers of the area, who expressed their appreciation for this timely and much-needed support from the government.
The establishment of the Farm Machinery Bank is a significant step towards empowering the farming community, promoting sustainable agricultural practices, and boosting the local economy.
