Government of India informed Parliament about the initiatives to Promote Farm Mechanization.
Daily Current Affairs Quiz 2021
A special dedicated scheme ‘Sub Mission on Agricultural Mechanization (SMAM)’ has been introduced by Government of India in 2014-15.
The scheme aims at making farm machines accessible and affordable for the small and marginal farmers (SMFs) through establishment of Custom Hiring Centers(CHCs) , creating Hubs for hi-tech & high value farm equipment and Farm Machinery Banks.
Distribution of various subsidized agricultural equipment and machines to individual farmer is also one of the activities under the scheme.
For 2021-22 Rs. 1050 crore budget has been allocated for SMAM which is more than the previous year.