Agricultural machinery is used in various agricultural activities such as sowing, reaping, and application of fertilizers. Some of the key agricultural machinery are tractors, haying machinery, and harvesting machinery are expensive. Government initiatives such as Kisan Credit Card, National Mission on Agricultural Mechanization (NMAM), and Tractor Subsidy Scheme have contributed to the growth of the machinery. Easy availability and access to cheap credit help farmers invest in farm equipment, obtain greater yield and income. Strong governmental regulations on the availability of finance for agricultural mechanization tools, rural development, and high irrigation potential will drive the agricultural farm equipment price sustainable to a farmer.
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