Punjab Silage Baler cum Wrapper Machines Subsidy Scheme

The state government of Punjab has launched a new subsidy scheme for Silage Baler cum Wrapper Machines. The scheme would provide 40% subsidy to farmers on the purchase of Automatic Silage Baler and Wrapper Machines.

Daily Current Affairs Quiz 2020

Key-Points

The scheme will be implemented by the Punjab Dairy Development Board.

The main objective of Silage Baler cum Wrapper Machines Subsidy Scheme is to promote the dairy farming sector in the state and make it more advanced and profitable.

The scheme is an effort to modernize the production and maintenance of green fodder in the state.

According to the state government, the scheme will not only help increasing the green fodder area but also reduce the cultivation of crops like wheat and paddy which will further help in increasing the ground water level in the state.

Under this scheme, the farmer who buys Silage Baler cum Wrapper Machines will be able to get a subsidy of up to Rs. 5.60 Lakh by the government.