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The admissible capital subsidy under the revised scheme is calculated with reference to purchase price of Plant and Machinery. Maximum limit of eligible loan for calculation of subsidy under the revised scheme has also been raised from Rs. 40 lakhs to Rs. 100 lakh w.e.f. 29-09.2005. No. Name of Bank.
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Subsidy On Crusher Machinery Loan. Sep 18, 2018018332In case of the SC, ST, Small amp Marginal Farmers, Women and NE States beneficiaries, the maximum permissible subsidy per machineequipment is Rs.50,000 and the Pattern Assistance is 50 percent for the Power Tiller below 8 BHP and Rs.75,000 for the 8BHP amp above.
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